State receives first credit rating upgrade in more than 20 years

SPRINGFIELD – Illinois received its first credit rating upgrade in 23 years on Tuesday, June 29 when Moody’s Investors Services raised the state’s rating one notch, citing “material improvement in the state’s finances.” Although the upgrade still leaves Illinois bonds rated just two notches above so-called “junk” status, Gov. J.B. Pritzker said it marked a … Continue reading State receives first credit rating upgrade in more than 20 years