Series of November 2019 Capital Bonds
SEAL OF
THE STATE
Liquidity
•
The State estimates $2.1 billion in transfers from the General Funds to GOBRI in FY 2020, with the balance expected from other
State funds
In FY 2020, State transfers are expected to average approximately $174 million a month from the General Funds to GOBRI
taking into account current issuance plans
General Funds State Source Revenues available to make General Revenue Fund debt service in FY 2020 are projected to total
approximately $3.1 billion per month on average providing 17.6x debt service coverage
•
As of October 1, 2019, $1.5 billion was available in GOBRI
Fiscal Year End All Fund Cash Balances²
Transfers to the GOBRI Fund ($ Millions)²
$12
$11
($ Billions)
$12
2017
2018
2019
$12
$12
General Revenue Fund
$10
$9
$8
Capital Bonds
$626
$797
$670
Pension Bonds
1,609
1,576
1,243
Section 7.6 Bonds
527
782
220
$6
$4
$2
Pension Acceleration
7
GRF subtotal
$2,235
$2,900
$2,702
Road Fund
305
349
339
School Infrastructure Fund
115
172
107
50
$0
FY 2015
FY 2016
FY 2017
FY 2018
FY 2019
Capital Projects Fund
477
286
431
TOTAL³
$3,132
$3,707 $3,579
OF ILLINO
AUG 94 1818
1.
2.
3.
Does not include Federal Trust Funds. Includes GOBRI. June 30, 2016 balance shows an increase from FY 2015 due in part to the late enactment of FY 2016 appropriations for many State funds.
Does not include debt service transfers on short-term debt as may have been from time to time outstanding
Totals may not add due to rounding.
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