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A One-On-One With Comptroller Mendoza

Current Illinois State Comptroller, Susana Mendoza took the office in 2016 with much work to be done, fixing the issues that past comptrollers neglected to complete. Illinois has ended its FY 2024 in a position that in decades past would not have been reached. All States General Revenue Fund Vouchers have been closed out, meaning there are zero bills on hand to pay for the State of Illinois. But this was not always the case. Mendoza says Illinois was a unique entity, continuing that the state of Illinois had the worst fiscal condition in the United States and in recent state history upon her arrival.


Mendoza talks about these milestones that the Comptrollers Office has accomplished that have not been reached in decades. Mendoza Mentions that Accounts Payable, (the costs of running state government), usually sit at around $3 Billion, AP for this fiscal year sits at a low of $528 million.

 


When Mendoza took the Comptroller's Office in December of 2016, the state of Illinois owed vendors and providers almost $17 billion in unpaid bills, some over two years overdue. This left many vendors and service providers out to dry as many could not withstand the fiscal crisis without being paid by the state.

 


Mendoza says “That was then,” meaning the state of Illinois funds are in a much better position now. Under Mendoza, the state has eight full-credit upgrades after losing those credits and being downgraded years prior. The backlog of bills has been paid off and the state can begin healing economically under the watchful eye of comptroller Mendoza.

 


With years of overdue bills and an office in disarray paid and back in order, Mendoza says, rest assured your money is protected. Mentioning Illinois State Treasurer Mike Frerichs and herself are protecting the state funds.


Susana Mendoza appeared as a guest on the WTIM Morning Show.
 

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