CHICAGO -- Local governments in Illinois may face financial pressure in paying off their tax increment financing bonds because Gov. Jim Edgar did not appropriate necessary funding for the districts in his proposed fiscal 1993 budget, according to state and local officials.

Because most of the bonds were issued with the understanding the state would distribute incremental state sales tax revenues from local TIF developments back to the governments, officials said those governments may have to tap other revenues to pay debt service on the bonds.

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