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    • Illinois Policy Institute
    • Illinois Policy

Illinois bill backlog stands at nearly $16.4B

By Brendan Bakala
11/01/2017
The state has embarked on a plan to sell more than $6 billion of bonds in order to reduce annual interest payments and help pay off the bill backlog.

TAGS: credit rating, unpaid bills

Illinois’ new budget already has $1.7B hole despite largest permanent tax hike in state history

By Ted Dabrowski, John Klingner
10/14/2017
Every budget through 2023 will likely be unbalanced as well.

TAGS: balanced budget requirement, budget, credit rating, Governor’s Office of Management and Budget, income tax, Moody's Investor Service, taxes, unpaid bills

Illinois state budget already in deficit despite record $5 billion tax hike

By Ted Dabrowski, John Klingner
09/25/2017
With the 2018 budget set to spend at least $1.3 billion more than it takes in, members of the General Assembly have hoodwinked Illinoisans once again.

TAGS: budget, COGFA: Commission on Government Forecasting and Accountability, debt, LGDF: Local Government Distributive Fund, pensions, unpaid bills

Illinoisans get $6B more in long-term debt, but no reforms

By Ted Dabrowski, John Klingner
09/08/2017
While borrowing to help pay down the state’s unpaid bill backlog will save money on interest payments and relieve pressure on those waiting for cash, it also perpetuates Illinois’ spending problem.

TAGS: borrowing, Bruce Rauner, credit rating, pensions, unpaid bills

Illinois comptroller’s plan to pay off state’s bill backlog includes borrowing more money

By Marianna Schmiesing
07/18/2017
Even with 32 percent tax hike, Illinois State Comptroller expects only $5 billion of the state’s unpaid bills to be paid down.

TAGS: budget, Susana Mendoza, unpaid bills

Illinois’ unpaid bill backlog grows to more than $15B

By Marianna Schmiesing
06/20/2017
The state’s backlog of unpaid bills is expected to reach $22.7 billion if Illinois goes a third fiscal year without a budget.

TAGS: Bruce Rauner, budget, unpaid bills

Illinois budget deficit projected to hit $6.2B by June 30, grow to $7.7B by June 2018

By Eric Kohn
06/08/2017
The state’s bill backlog is expected to hit $22.7 billion and pension costs are predicted to grow 14 percent by fiscal year 2018.

TAGS: budget, credit rating, David McSweeney, debt, Moody's Investor Service, Standard & Poor's, unpaid bills

Illinois owes $3.5M in past-due utility bills

By Brendan Bakala
05/23/2017
The state government owes the City Water, Light and Power of Springfield $3.5 million on past-due utility bills for state offices. The past-due utility bills are just one part of Illinois’ more than $14.3 billion bill backlog.

TAGS: budget, debt, Illinois General Assembly, unpaid bills

Illinois’ unpaid bills jump to $14.3B

By Brendan Bakala
05/17/2017
New numbers from the Illinois comptroller’s office show that Illinois’ unpaid bill backlog has climbed to more than $14 billion. In August 2016, Moody’s Investors Service predicted Illinois’ bill backlog would reach $14 billion by summer 2017.

TAGS: budget, debt, Moody's Investor Service, unpaid bills

Unbalanced Budget Response Act would allow Rauner to make cuts to balance the budget

By Amy Korte
03/28/2017
Illinois House Bill 3868 would give Gov. Bruce Rauner the authority to trim costs and reorder the state’s spending priorities to balance the budget.

TAGS: balanced budget requirement, Bruce Rauner, budget, DCEO, debt, Fitch Ratings, Illinois Constitution, Illinois General Assembly, Jim Durkin, Mike Madigan, Spending, unpaid bills

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Budget + Tax / Research Report

Budget Solutions 2020: A 5-year plan to balance Illinois’ budget, pay off debt and cut taxes


Gov. J.B. Pritzker inherited a $2.8 billion budget deficit the moment he stepped into office. Next year, that deficit is projected to be $3.4 billion1. It’s the same story every budget season. But Illinois’ budget crises could be a thing of the past if the state would adopt pension reform, right-size its union contracts and...

View Report

Report Archive

Criminal Justice / Your Story

Harry Jackson

Jobs + Growth / Policy Point

Policy lessons from Illinois’ exodus of people and money

By J. Scott Moody, Wendy Warcholik
07/07/2014
Illinois Policy In the News

CBS Chicago: Illinois’ highest-paid superintendent receives $400K per year to oversee 1,200 students

By Ted Dabrowski
05/02/2016

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Illinois' comeback story starts here