Under law, when the state pays late, it pays interest.
Governor Bruce Rauner’s office couldn’t say how much this year’s budget impasse could drive up those late fees.
However, a state report provides an estimate for one part: Insurance benefits for state employees. Just those late fees will cost $232 million in the coming year. That’s not counting the tab for the rest of state government.
Lawmakers convene just two more times before the state starts a second fiscal year with no budget.