Credit ratings agency says Illinois making fiscally sound decisions but still faces challenges – Center Square

The report said Illinois is painstakingly building toward a return to the state’s pre-pandemic rating, which according to analyst Eric Kim, was not ideal. “Those concerns are really driven by the fact that Illinois was already at the low end for states from Fitch’s perspective in terms of their fiscal resilience. There really was not much left in the tool box for the state at the start of the pandemic.”