No Thompson Center sale, no balanced budget: Treasurer

By Adrianna Pitrelli Law Bulletin staff writer

Posted June 20, 2018 2:55 PM

SPRINGFIELD — Lawmakers on both sides of the aisle continue to tout the Fiscal Year 2019 budget is balanced, but Treasurer Michael Frerichs says it’s “somewhat out of balance.”Pushed by reporters after a news conference about Illinois’ bicentennial coin on Monday, Frerichs said the budget will only be balanced if the long-promised sale of the James R. Thompson Center in Chicago goes through.This gels with a June 7 report from credit rating agency S&P Global Ratings saying the state’s …

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