Bill Backlog

As of 8:00 AM OCT 21 2020
ESTIMATED GENERAL FUNDS PAYABLE BACKLOG
The backlog includes General Funds liabilities currently at the Illinois Office of Comptroller and the estimated $1.213 billion reported by state agencies. It does not include $2.25 billion in short-term borrowing that is required to be repaid.*
$8,338,261,379.85
Vouchers Backlogged
Includes vouchers and transfers to other state funds.
76,941

*As of October 1, 2020, $1.05 billion is owed under interfund borrowing authorization (Public Act 101-0010) and $1.2 billion in additional short-term borrowing through the Federal Reserve’s Municipal Liquidity Facility. The projected repayment of this $2.25 billion, not including any interest owed, is $1.23 billion in fiscal year 2021, $420 million in fiscal year 2022, $242 million in fiscal year 2023, and $360 million in fiscal year 2024. Though not included in the IOC’s General Funds daily bill backlog amount, these borrowed amounts, plus any applicable interest, must be repaid in the short term, and therefore have an impact on the IOC’s cash management decisions.

 

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