State ends fiscal year with nearly $5B cash on hand
By Jerry NowickiCapitol News Illinoisjnowicki@capitolnewsillinois.com Illinois entered a new fiscal year Monday, July 1, with a bit of a financial cushion when the prior year’s revenues exceeded final projections by approximately $123 million. The state ended fiscal year 2024 with approximately $4.7 billion cash on hand, or approximately nine percent...