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Illinois Ends Year Deeply In Red

Even with tax revenue coming in at a faster rate, the State of Illinois still finished the fiscal year six-point-one-billion-dollars in the red. 

State Comptroller Judy Baar Topinka says that while there's been some progress whittling down a mountain of unpaid bills, that stack is expected to grow by another one-point-four-billion-dollars next month. 

Topinka says the state is likely to have nine-billion-dollars in unpaid bills by December. 

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Topics : Business_Finance
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Locations : Illinois
People : Judy Baar Topinka