Illinois borrows millions for building despite budget mess

SPRINGFIELD, Ill. (AP) – Illinois has borrowed $550 million for construction at what Gov. Bruce Rauner’s administration says is a record-low interest rate despite the state’s beleaguered financial position. Rauner’s office announced Thursday that it sold $550 million in bonds at an interest rate of 3.7 percent. That’s below the 4 percent interest offered when…