State’s Rainy Day Funds Goes Over $1B After Recent Deposit
August 12, 2022 2:10PM CDT
Illinois’ rainy day fund now tops one billion dollars. State Comptroller Susana Mendoza says that is the most the fund has ever had. This money is needed in the event there is another pandemic or downturn in the economy. Mendoza would like to see the fund eventually grow to three billion dollars.