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Newspaper
Mount Carmel Register
Location
Mount Carmel, Illinois, United States of America
Date
Jul 15, 2016
Page
7
A state analysis shows Illinois will spend 39.6 billion dollars this year while revenue rests at 31.8 billion, leaving an estimated 7.8 to 8 billion shortfall. The report cites unaddressed obligations and growing costs in pensions Medicaid and education amid delayed payments and rising debt.
Chicago AP Comptroller Leslie Munger says unpaid bills will total about 10 billion by year end after the temporary budget. The current backlog stands at 7.8 billion as lawmakers approved a stop-gap plan ending the yearlong impasse. Munger says payments will prioritize social service nonprofits, vendors who supplied state goods, and education institutions facing cuts. Nearly 100 social service providers have sued Illinois over nonpayment.
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