Illinois is in a fiscal death spiral. Their bond rating is one step above junk status. And the list of consequences for the state's failure to pass a budget is a tale of woe that no state or territory - not even Puerto Rico's current bankruptcy - can match.
- The Illinois Lottery faces threats of removal from the Powerball and Mega Millions if there is no budget by June 30, 2017.
- Illinois owes school districts more than $1.1 billion in categorical payments for special education, transportation, bilingual and early childhood services.
- Illinois’ backlog of unpaid bills stood at record $14.5 billion as of May 31, according to Comptroller Susana Mendoza.
- The state’s Medicaid managed care organizations are owed $2 billion.
- Centerstone, a non-profit behavioral health organization that helps 16,000 clients in southern Illinois and the metro-east region, has shuttered offices and cut services amid the budget impasse, affecting 700 clients and 39 staff members throughout the state.
- The Wells Center, a drug treatment facility in downstate Jacksonville that has been operating for 50 years, was forced to shut down operations because of the budget impasse.
- Illinois’ unpaid bill backlog could hit $25 billion by FY 2019 if the state continues without a budget.
- Students and parents are looking to out-of-state colleges due to the unstable climate within Illinois’ higher education system.
- More than 1,500 employees have been laid off at public universities and community colleges throughout the state.