Local News

Rainy Day Fund Tops $1 Billion

The Rainy Day Fund for Illinois has topped a billion dollars. After being one of the lowest rainy day funds in the US at roughly $48,000, Illinois has surged back to having over $1 billion in the rainy day fund so says Illinois Comptroller Susana Mendoza, which can come in handy if the state runs into a rough patch. 

 

 

Comptroller Mendoza says just like having an emergency fund at home, having one for the state is important as well.

 

 

Comptroller Mendoza has made it a key priority that the rainy day fund has been her #1 goal and now finds the rainy day fund with $1.036 billion available. 

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