Recently Released Audits

 

August 29, 2019

  • SUMMARY OF REPORT DIGEST TO STATEWIDE FINANCIAL AUDIT

    • The financial statements of the State of Illinois reflect a continuing financial deficit. At June 30, 2018:

        • The net position of governmental activities continued to deteriorate and the deficit increased by $6.4 billion from June 30, 2017, to June 30, 2018. Overall, the net position of governmental activities is reported as a deficit of $189.1 billion.

          line graph of Illinois governmental activities deficit


    • 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 $6.8 billion from June 30, 2017, to June 30, 2018. The General Fund deficit is $7.8 billion.

        line graph of Illinois' general fund deficit



    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, 2018
    Summary Report Digest - PDF (best version for printing)
    Summary Report Digest*
    Full CAFR Report for 2018
    Note: The link above redirects to the State Comptroller's web site.
    Full Report – Internal Control and Compliance G.A.S.