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ILLINOIS COMPTROLLER SUSAN MENDOZA IS RELEASING HER LATEST REPORT ON THE STATE’S FINANCES.
 
IT’S THE SECOND REPORT UNDER THE NEW DEBT TRANSPARENCY ACT…DESIGNED TO GIVE A DETAILED MONTHLY SNAPSHOT OF ILLINOIS’ ENTIRE BILL BACKLOG. COMPTROLLER MENDOZA SAYS IT SHOWS THE STATE STILL HAS MORE THAN NINE BILLION DOLLARS IN BILLS TO BE PAID.
 
 
MENDOZA SAYS THE STATE OWES 946 MILLION DOLLARS IN LATE PAYMENT INTEREST PENALTIES ALONE.
 
 
MENDOZA SAYS THE GOVERNOR AND LAWMAKERS NEED TO ADDRESS THIS MOUNTAIN OF DEBT WHEN THEY PUT TOGETHER A BUDGET FOR THE NEXT FISCAL YEAR.

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