Tuesday, June 23, 2015

Illinois state comptroller: 'We can't pay bills now' - Tom Kacich, News-Gazette

In terms of payments made after July 1, assuming the budget impasse continues, Munger said: University of Illinois employees will not be immediately affected. "University employees are not on the state payroll. They're on the university's payroll. So they'll continue to receive payments from the university as they would." In fact, she noted, the UI will only have received 75 percent of its state appropriation by the end of the fiscal year on June 30. It will continue to receive fiscal year 2015 payments into early October, four months into fiscal year 2016. http://www.news-gazette.com/news/local/2015-06-13/state-comptroller-we-cant-pay-bills-now.html