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Home > Wintrust Business Lunch > Wintrust Business Minute: Fitch Ratings say Illinois’ budget outlook remains good
Podcast: Wintrust Business Lunch
Episode:

Wintrust Business Minute: Fitch Ratings say Illinois’ budget outlook remains good

Category: Business
Duration: 00:00:00
Publish Date: 2023-05-12 18:16:26
Description:

Steve Grzanich has the business news of the day with the Wintrust Business Minute.

Fitch Ratings says Illinois’ budget outlook remains good and within earlier forecasts despite a drop in revenue last month. The Civic Federation watchdog group has also given the thumbs up to the state’s 2024 spending plan. That budget projects a $165 million surplus next year. The federation is concerned about non-pension spending. Fitch says despite tax revenue declines, the state is on track to comfortably exceed its adopted budget revenue forecast.

Also, a Chicago area marijuana retailer is expanding with the purchase of a cultivation operation near downstate Carbondale. Listen for more below:

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