Illinois Comptroller

A way out: Bankruptcy authorization would give struggling Illinois municipalities options

By Joe Tabor
02/10/2025
Published Feb. 10, 2025 Even though federal COVID relief funds provided an unexpected windfall, that one-time jolt of cash could leave many Illinois localities even worse off than they were before. That boost in revenue allowed local governments to put off difficult budgeting decisions, and as that revenue dries up, municipalities will have to contend...

Power in payments: Illinois can help unbanked residents, save money by adopting best practices in payment methods

11/21/2019
Each year, tens of billions of dollars flow through Illinois state government.1 These flows all depend on methods of payment. In deciding on those payment methods, policymakers must consider a number of important factors, including security controls, cost effectiveness, accessibility, speed and allowance for choice. This report shows that by adopting best practices across all...