New Report Spells Very Bad News for Illinois' Finances

You probably don’t need a report to tell you Illinois’ finances are in pretty bad shape.

But Truth in Accounting’s annual “Financial State of the States” analysis reveals some troubling and little-known information about Illinois’ fiscal condition, and also offers a comparison to the rest of the states.

From the amount each taxpayer would have to pay for the state to be debt-free to the hundreds of billions in hidden debt you won’t find on the state’s balance sheet, the report provides Illinoisans with a more transparent look into the state’s finances.

Here are some of the report’s main findings that every taxpayer in Illinois should know.

Like what you see here from Reboot Illinois? Then sign up for our daily email to get more great content right to your email inbox.