A new Truth in Accounting report pegs Illinois as being dead last among all 50 states when it comes to financial transparency.

The Transparency Score Report assesses each state based on such criteria as audit quality, clarity of retirement liabilities and how clearly finances are presented free of distortion. Researchers found Illinois’ standing is further hampered by its delay in publishing its fiscal year 2023 Annual Comprehensive Financial Reports, which offers the most accurate view of a state’s financial outlook.