TITLE

Illinois' Blagojevich Rallies House To Support $25B Capital Budget

AUTHOR(S)
Shields, Yvette
PUB. DATE
September 2007
SOURCE
Bond Buyer;9/20/2007, Vol. 361 Issue 32717, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the support of Illinois Governor Rod Blagojevich for a $25 billion capital budget, which the state Senate approved, as House members stated the plan would likely to fail because of its reliance on a major expansion of casino gaming. According to the report, the capital budget approved by the Senate relies on about $10.3 billion of new state borrowing which in turn would leverage federal dollars and local matching contributions to fund a $25 billion program.
ACCESSION #
26757626

 

Related Articles

  • Group Blasts Illinois Budget Plan, Urges Rejection of New Tax, GOs. Shields, Yvette // Bond Buyer;5/8/2007, Vol. 360 Issue 32624, p36 

    The article reports on the issues concerning the inability of Illinois Governor Rod Blagojevich's proposed $49 billion operating budget for fiscal 2008 to afford a major expansion on health care. According to the report, a government watchdog group has warned that the state cannot afford a major...

  • Calculator Validates Savings. Frisch, Katherine K. // Government Procurement;Apr2006, Vol. 14 Issue 2, p4 

    The article discusses the state of Illinois' use of strategic sourcing to save money. The state created its savings validation calculator to validate $529 million in savings. The state runs more than 100 efficiency initiatives through the calculator to validate and document savings. The savings...

  • Illinois Budget Calls for Cuts, Tax Reform, Debt Restructuring. Shields, Yvette // Bond Buyer;2/19/2004, Vol. 347 Issue 31824, p3 

    Reports on the budget proposal of Illinois governor Rod Blagojevich for fiscal 2005. Proposal for more job training, Medicaid spending and public safety; Appeal of Blagojevich for Congress to endorse a Balanced Budget Act that would require any spending increases be matched with permanent...

  • ILLINOIS: Budget Delay Redux. Shields, Yvette // Bond Buyer;7/2/2008, Vol. 365 Issue 32911, p9 

    The article reports that Illinois entered a new fiscal year without a formal budget in place. Governor Rod Blagojevich has yet to act on the $59 billion operating budget sent to him by lawmakers because of a roughly $2 billion shortfall in the spending plan. Comptroller Dan Hynes warned that a...

  • Illinois Governor Seeks Business Support for Capital Budget. Shields, Yvette // Bond Buyer;8/12/2008, Vol. 365 Issue 32938, p3 

    The article reports that Governor Rod R. Blagojevich has enlisted the Chicago's business community to press the House Democratic leadership to pass a long-stalled partially bond-financed capital budget in Illinois. It mentions that Blagojevich called a sputtering economy the most pressing issue...

  • ILLINOIS: Governor Plugs Capital Plan. Shields, Yvette // Bond Buyer;2/27/2008, Vol. 363 Issue 32824, p9 

    The article reports on the presentation of an economic development package by Illinois Gov. Rod Blagojevich in February 2008. The capital plan, which includes a partially bond-finances $25 million capital budget and tax breaks for families and businesses, is needed to fix roads, repair...

  • With Fiscal Year Coming to End, Illinois Lawmakers Work on Contingency Plan. Shields, Yvette // Bond Buyer;6/25/2007, Vol. 360 Issue 32655v, p4 

    The article reports that Illinois Governor Rod Blagojevich and the General Assembly's leaders has worked to finalize a one-month spending plan so state operations could go on uninterrupted amidst ongoing negotiations on a fiscal 2008 budget. Blagojevich has proposed originally a $49 billion...

  • Illinois Governor Sets $49B Operating Budget. Shields, Yvette // Bond Buyer;3/8/2007, Vol. 359 Issue 32582, p1 

    The article reports on the move taken by Illinois Governor Rod Blagojevich in unveiling a $49.1 billion operating budget for fiscal year 2008. Accordingly, the budget relies on $16 billion of new general obligation debt, $10 billion of which is from the privatization of the lottery, while $2.6...

  • No No-Growth Budget. Shields, Yvette // Bond Buyer;5/26/2004, Vol. 348 Issue 31892, p31 

    Reports that with budget negotiations in their final week, Illinois Gov. Rod Blagojevich has rejected a proposal from some lawmakers to support a no-growth fiscal 2005 budget. Proposal to limit spending in the fiscal 2005 budget to the same levels in the fiscal 2004 budget.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics