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  State "Borrowing" Money Meant for Charities
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Last EditedCOSDem  Aug 22, 2011 07:23pm
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News DateWednesday, July 27, 2011 01:00:00 AM UTC0:0
DescriptionThe state of Illinois last year, in a move that angered many, began to "borrow" money from charities.

State officials said the borrowing -- to the tune of about $1.2 million -- was essential, but former Illinois Comptroller Dawn Clark Netsch puts it in clear terms.

"This is not money that in my judgment belongs to the state at all," she says.
The money was given by Illinois taxpayers to a variety of charities, including Alzheimer’s Disease Research, the Military Family Relief Fund and the Penny Severns Breast, Cervical and Ovarian Cancer Research Fund.
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