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Illinois CAFR arrives, late and covered in red ink

SEPTEMBER 3, 2019 | by Yvette Shields | THE BOND BUYER

“Illinois' overall fiscal condition continued to deteriorate in fiscal 2018, according to the overdue comprehensive annual financial report that was published Thursday by state Comptroller Susana Mendoza’s office … The numbers in the fiscal 2018 CAFR show just how deep the state’s fiscal troubles run, underscored by delays that made Illinois the last state out with a CAFR.” 

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