Report gives Illinois a poor grade for government funding transparency

Kevin Bessler  |  November 19, 2021

By Kevin Bessler (The Center Square), includes “… The nonprofit organization Truth in Accounting released its Financial Transparency Score report for financial reporting by the states and gave Illinois a score of 56 out of a possible 100. Only four states scored lower. … Truth in Accounting CEO Sheila Weinberg said some governments like Illinois are promising future pensions without a funding mechanism or transparency. ‘We believe in what we call fact-based accounting,’ Weinberg said. ‘You shouldn’t be able to promise something and get votes for without having to include it in your budget.’ …”

Read the full article on: KPVI NBC News (Illinois)

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