Nevada Still Extremely Late on 2023 Financial Report Amid Statewide Cyber Outage
Nevada has become the last state in the nation to release its annual financial report for fiscal year 2023, which ended more than 780 days ago. While Illinois finally published its overdue report earlier this month, Nevada continues to lag, as we are missing two years of data.
To make matters worse, Nevada’s state websites and phone systems have been down for several days due to a widespread cyberattack. This outage has blocked public access to crucial government services. It also makes it impossible for our researchers to verify the state’s financial position in the lead-up to the release of our Financial State of the States report.
READ MOREIllinois Sets a New National Record: 774 Days Late with Financial Reporting
Illinois has finally released its audited Annual Comprehensive Financial Report (ACFR).
The bad news: It’s for the fiscal year that ended June 30, 2023.
According to the Government Finance Officers Association (GFOA), states should release these reports within 180 days of the fiscal year’s end. Illinois blew past that deadline—releasing its 2023 report a staggering 774 days late, setting a new national record.
