Truth in Accounting
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From Prairie State Wire
Illinois receives failing grade for budgeting from Truth in Accounting
Illinois received an 'F' from a nonpartisan accounting organization that measures state transparency and reliability in accounting practices
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From Prairie State Wire
Illinois gets below-average marks on financial transparency
Illinois received a score of 72 on making key financial information accessible and understandable to the public, according to a new report from Truth in Accounting (TIA), a Chicago-based policy institute.
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Illinois among states seen as on the precipice of a pension disaster
Officials in Springfield and around the country are talking about a “pension cliff” and trying to determine what will happen as large numbers of educators become fully vested in school district pension benefit systems.