COMPTROLLER MENDOZA THANKS GOVERNOR PRITZKER AND LEGISLATORS AT SIGNING OF HISTORIC BALANCED BUDGET
“Today’s historic budget-signing is a testament to what can happen when a governor reaches out and works constructively with members of both parties to pass a balanced budget with real numbers that lets me pay the state’s bills. This budget gives my office some tools to continue paying down the backlog of bills, which stands at $6.2 billion as of today.
“This gives Illinois a good start to regaining the trust of the markets. Moody’s said yesterday this budget is good enough to prevent a lowering of the state’s credit rating. But we still have far to go to get an upgrade. That will come when they see progress in lowering our pension shortfall and making deeper cuts to the backlog of bills. Thank you, Governor Pritzker and legislative leaders!”
— Illinois Comptroller, Susana A. Mendoza