iOS app Android app

Illinois Budget

State Facing $4 Billion Bill Backlog: Comptroller

AP | Posted 05.25.2011 | Chicago

The state of Illinois' backlog of unpaid bills has climbed to nearly $4 billion - the largest total in state history. Comptroller Daniel Hynes warned...

Senators Getting Back To Work, But Not To Fix Budget

The Southern | Kurt Erickson | Posted 05.25.2011 | Chicago

The state's financial picture is worsening, but don't look for any quick fix from the Illinois Senate. After a busy election season, Illinois lawmake...

Illinois Facing Potential $800 Million Budget Hole

Associated Press | John O'Connor | Posted 05.25.2011 | Chicago

A staggering economy is eating away at state budget revenue, creating what could be a budget hole of $800 million or more, the Blagojevich administrat...

Taxpayers Could Cover Government Pension Shortfall

Daily Herald | James Fuller | Posted 05.25.2011 | Chicago

Illinois taxpayers may soon be called on to bail out what is arguably the best-funded public pension plan in the state thanks to $3.6 billion in fund ...

Financial Crisis Squeezing Civic Budgets

Crain's Chicago Business | Monée Fields-White and Mike Colias | Posted 05.25.2011 | Chicago

Local governments are bracing for deeper budget shortfalls as the financial crisis hammers everything from sales tax revenue to pension funds. The st...

Illinois Can't Pay Mounting Bills

Southtown Star | Doug Finke | Posted 05.25.2011 | Chicago

Illinois finished the first three months of its budget year in some of its worst financial shape ever, with a mountain of unpaid bills and record dela...