Commission On Government Forecasting and Accountability

Illinois has racked up more in late-payment fees in less than three years than it did in the 18 years combined, according to a report The Associated Press obtained Monday, and some major creditors say they've waited more than a year to receive the interest they're owed.

The report by state Comptroller Susana Mendoza found that the $16 billion in past-due debt that piled up during a two-year budget stalemate comes with a steep price. Since July 2015, Mendoza reported, prompt-payment penalties have totaled $1.14 billion, $100 million more than the total from 1998 up to then.

Cigarette Tax Hike Revenue Falls Short Of Goal

Jun 20, 2013

Illinois’ dollar-per-pack cigarette tax hike took effect a year ago this month. But the the Commission on Government Forecasting and Accountability says it's expected to fall $130 million short of initial revenue estimates.