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April 30, 2020

  • SUMMARY OF REPORT DIGEST TO STATEWIDE FINANCIAL AUDIT

    • The financial statements of the State of Illinois reflect a continuing financial deficit. At June 30, 2019:


        • The net position of governmental activities continued to deteriorate and the deficit increased by $4.0 billion from June 30, 2018, to June 30, 2019. Overall, the net position of governmental activities is reported as a deficit of $193.1 billion




    • Over time, increases and decreases in net position measure whether the State's financial position is improving or deteriorating.

      • The General Fund deficit decreased by $250 million from June 30, 2018, to June 30, 2019. The General Fund deficit is $7.5 billion.



    To view additional information, please click HERE to read the FULL Report Digest - PDF (best version for printing)

    Comprehensive Annual Financial Report (CAFR) and Related Report on Internal Control and Compliance for the Period Ending June 30, 2019
    Summary Report Digest - PDF (best version for printing)
    Summary Report Digest*
    Full CAFR Report for Fiscal Year 2019
    Note: The link above redirects to the State Comptroller's web site.
    Full G.A.S. Report – Internal Control and Compliance