Illinois State Comptrollers Quarterly: Staggering Fiscal Challenges Remain
October 3, 2011 The October 2011 edition of the Illinois State Comptroller's Quarterly reports on the fiscal challenges facing the state. A key problem is a backlog of unpaid bills valued at $3.8 billion from fiscal year 2011 that must be paid out of fiscal year 2012 general fund revenues by the end of the calendar year. As a result, all vendors paid out of general fund revenues will experience payment delays for their 2012 bills. Download the Report . . .
