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Illinois posts first balanced budget in four years says Thompson
Gov. James Thompson announced that Illinois for the first time in four years ran a budget with revenues exceeding spending. The General Fund balance rose from 52 million to 86 million as the state reported total spending of 11.61 billion for fiscal 1978, a 0.4 percent rise from 11.55 billion in 1977, with public aid up 2.4 percent and agency operations up 2.6 percent.
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James Thompson
Thompson
Bureau