$4.712 billion in unpaid bills
by Kristina Rasmussen $4.712 billion. That the size of Illinois’s unpaid bill backlog at the end of June, according to a new report from the comptroller’s office. It’s up from “just” $2.785 billion at the end of last year. Payment delays are also up: “the delay in paying vouchers was 153 working days this June compared to...
by Kristina Rasmussen
$4.712 billion. That the size of Illinois’s unpaid bill backlog at the end of June, according to a new report from the comptroller’s office. It’s up from “just” $2.785 billion at the end of last year.
Payment delays are also up: “the delay in paying vouchers was 153 working days this June compared to 99 days at this time last year.”
Both the backlog and payment delays are at record highs.
Illinois’s fiscal condition continues to deteriorate. Meanwhile, the governor hands out pay raises and reduces spending by one-half of one percent.