Bond-rating firm Moody's pleased with Rauner's consolidation push
State Sen. Christine Radogno (R-Dist. 41) said on Thursday that the publication Bond Buyer has reported that Moody’s Investors Service has reacted positively to Gov. Bruce Rauner’s local-government consolidation efforts.
In February, Rauner created the Local Government Consolidation and Unfunded Mandates Task Force, via executive order, to find ways to reduce the state's 6,900 units of local government.
Specifically, the task force aims to identify ways to assist local governments with consolidation efforts, while eliminating duplication among government bodies, including school districts and taxing entities. The goal is also to streamline services to cut waste and ensure taxpayer dollars are used in a more efficient manner. The task force also will strive to decrease the number of unfunded mandates on local communities.
Lt. Gov. Evelyn Sanguinetti is chairwoman of the task force.
The task force's first meeting was held in late March.