Report: Illinois among the worst states in fiscal transparency

Published: Dec. 5, 2019 at 2:15 PM CST
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ranks Illinois among the least fiscally-transparent states in the nation.

The report comes from watchdog group Truth in Accounting. It measures each state’s Comprehensive Annual Financial Report and issues scores based on various criteria, such as timeliness, accessibility and navigation of information.

Fiscal transparency refers to the publication of information on how governments raise taxes, borrow, spend, invest, and manage public resources.

Illinois was ranked ninth-worst state in fiscal transparency with a total transparency score of 72. It scored 0 in deferred items and timeliness, 2 for external auditors and pension data timing and 4 for accessibility and navigation.

Connecticut was named the least fiscally-transparent state while Idaho was named the most fiscally-transparent state.

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