Judy Baar Topinka, Illinois Comptroller WIFR January 2012

Loading...

Sign in or sign up now!
Alert icon
Upgrade to the latest Flash Player for improved playback performance. Upgrade now or more info.
223 views
Loading...
Alert icon
Sign in or sign up now!
Alert icon

Uploaded by on Jan 20, 2012

Illinois Comptroller Judy Baar Topinka reported that one year after Illinois raised individual and corporate income tax rates, the state remains in a precarious fiscal position with persistent payment delays -- and the situation is unlikely to significantly improve in the near-term.

The backlog of unpaid bills from the General Funds in the Comptroller's office (ioC) alone stood at $4.273 billion at the end of this quarter -- and that number only tells part of the story. Specifically, the total accounts only for what has been submitted to the Comptroller's office for payment, and not what is being held by state agencies.

  • likes, 0 dislikes

Link to this comment:

Share to:
see all

All Comments (0)

Sign In or Sign Up now to post a comment!
Loading...

Alert icon
0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more