If Illinois uses COVID-19 funds for operations, expect financial pitfall

If Illinois uses COVID-19 funds for operations, expect financial pitfall

If Illinois uses COVID-19 funds for operations, expect financial pitfall

A think tank advised Illinois leaders not to use temporary federal COVID-19 relief aid for on-going programs. It would lead to future funding shortfalls.

Illinois could be facing a financial cliff when federal taxpayer COVID-19 aid expires if the state launches new, ongoing programs using temporary relief funds, warns a non-partisan think tank.States such as Illinois that increased annual spending while relying on surplus American Rescue Plan funds could soon see unsustainable shortfalls once that relief expires, said the senior officer for state fiscal health at The Pew Charitable Trusts […]

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