Illinois is less tardy than usual with its Annual Comprehensive Financial Report for fiscal year 2025, but other states move far more quickly.
Gov. J.B. Pritzker’s office said the report was released nearly eight months earlier than the prior ACFR cycle, signaling a transformative improvement in Illinois’ ability to deliver financial information.
Truth in Accounting founder & CEO Sheila Weinberg said the state set a low bar in prior years.
Weinberg said the state continues to put off paying bills.
States bordering Illinois released their financial reports months ago.
New York’s report was released five months and a day after the end of the fiscal year.
Story from Illinois Radio Network
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