Illinois borrowing tax funds intended for charities
The Illinois state government has borrowed about $1.17 million this fiscal year from money that Illinois taxpayers designate on their tax returns for charitable use, The News-Gazette in Champaign reported.
Lawmakers signed off on the plan to help deal with a multibillion-dollar state budget deficit.
Kelly Kraft, spokeswoman for the state Office of Management and Budget, said she expects the state to repay the money within a few months. By law, the money has to be returned, with interest, within 18 months, she said.
But officials from some of the charities say taxpayers are being fooled.