With revenues strong, Illinois governor targets rainy day fund and debt – The Bond Buyer

Illinois would double the size of its $1 billion rainy day fund and further pay down a federal unemployment insurance loan and other debt under proposals laid out by Gov. J.B. Pritzker to tap healthier-than-expected revenues. The latest fiscal picture came Monday in the Governor's Office of Management and Budget Annual Economic and Fiscal Policy Report, which provides a view of the current fiscal year, projections for the next five years, and the governor's policy objectives.