-
Tips for becoming a good boxer - November 6, 2020
-
7 expert tips for making your hens night a memorable one - November 6, 2020
-
5 reasons to host your Christmas party on a cruise boat - November 6, 2020
-
What to do when you’re charged with a crime - November 6, 2020
-
Should you get one or multiple dogs? Here’s all you need to know - November 3, 2020
-
A Guide: How to Build Your Very Own Magic Mirror - February 14, 2019
-
Our Top Inspirational Baseball Stars - November 24, 2018
-
Five Tech Tools That Will Help You Turn Your Blog into a Business - November 24, 2018
-
How to Indulge on Vacation without Expanding Your Waist - November 9, 2018
-
5 Strategies for Businesses to Appeal to Today’s Increasingly Mobile-Crazed Customers - November 9, 2018
Illinois treasurer warns top state leaders of effects of budget impasse
They say the state budget impasse has diminished services, including shelters that have closed.
Advertisement
Frerichs further warned that his office may be unable to provide funds to the comptroller’s office.
State services for battered women and children are being significantly impacted from the budget impasse and could be for years, according to organizations that help Illinois’ domestic violence victims. And that puts operations at risk of disruption, he said.
Frerichs’ matter happens to be the newest example of the way in which state’s budget problem is going on a monies on state actions.
More than three months later, lawmakers are at a stalemate with Republican Governor Bruce Rauner over union-weakening measures that the Democrat-controlled legislature refuses to pass.
Last week, Secretary of State Jesse White said his office can’t pay its bills and vendors have threatened to stop services.
And local 911 emergency telephone systems are concerned about delays in their funding.
The treasurer’s office is tasked with managing billions of taxpayer dollars and overseeing various financial programs.
“As such, the State of Illinois may lose significant investment earnings and the potential loss of principal depending on market volatility”, Frerichs noted.
Advertisement
Democrats who control the House and Senate are not scheduled to return to the statehouse until October. 20. But Rauner says without a budget in place the money can not be distributed.