New Report, More Bad News On Illinois Finances
July 7, 2010
By Bengamin Yount
SPRINGFIELD – It's pretty much common knowledge that Illinois is broke. But a new report gives new insight into just how little money the state actually has and how many unpaid bills continue to pile up.
The July report from Illinois Comptroller Dan Hynes' office details the state's fiscal woes. Too many bills, too little cash, and a new state budget that ignores serious gaps in revenue.