By W.J. Kennedy |
Sep 10, 2019
Recent fiscal news from the Illinois’ Comptroller Susana Mendoza, the overseer of the state’s finances, seemed to give Illinoisans a glimmer of hope that the state was finally emerging from its fiscal abyss. A positive-sounding statement from Mendoza’s office surrounding the Comprehensive Annual Financial Report (CAFR) for the fiscal year that ended June 2018 showed that the state’s general funds budget was still running a deficit, but it was a deficit reduced by half over the previous year.