The report lays out the consequences of going two years without a budget and reveals liabilities that Governor Rauner must address in his budget proposal
SPRINGFIELD—We just heard Governor Rauner's re-election speech. Now he has 14 days to deliver a balanced budget that doesn’t involve pixie dust and magic beans.
Reveals Illinois’ Late Payment Costs Exceeded $1 billion
CHICAGO—Comptroller Susana A. Mendoza today released the state’s January Debt Transparency Report. The report, for the first time, provides a detailed monthly snapshot of the state’s bill backlog by compelling state agencies to comprehensively disclose liabilities they are holding, including late payment interest penalties, bills at the agency level and unappropriated liabilities and obligations.