Illinois’ fiscal concerns continue to mount, as the state’s deficit reaches record levels and revenues fall short of prior projections.

Unpaid bills are nearing a crisis point – with the state’s total unpaid bills at $2.9 billion at the end of September, approximately $1 billion more than last year.

Illinois has never had this large of a deficit in the first quarter of a fiscal year, and businesses and non-profit groups that provide services to the state are suffering the consequences of the state’s failure to meet its obligations. The state’s healthcare and service providers currently wait an average of three months to be reimbursed by the state.

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