Gov. Pat Quinn has repaid – early and with interest – $1.176 million borrowed during the last fiscal year from 11 state-controlled charity funds. But about $434,300 seized from seven such funds the year before appears. to be gone for good. During the last fiscal year, Quinn, with authorization from the Democratic-controlled General Assembly, borrowed […]
borrow
Posted inNews
State taps charity funds to pay its bills
Over the last two years, the state of Illinois in order to pay its basic bills has seized more than $1.6 million from at least 15 different “charity” funds, to which Illinoisans voluntarily donate for causes like feeding the hungry and helping the homeless. Each year, the Illinois Department of Revenue invites taxpayers to donate […]
