The governor fought me on a plan to refinance bills we were paying 12% interest on with bonds we got for 3.5%. ![]() I immediately began targeting the most important bills to pay to those who care for the state’s most vulnerable - and especially bills that get a federal match. When I stepped into office in 2016, our bill backlog had reached $16.7 billion thanks to fiscal mismanagement. Mendoza: My policy of methodically paying down the bills over the past six years is restoring Illinois’ financial reputation and helped earn Illinois six credit upgrades, the first in 20 years after eight credit downgrades under the previous administration. With that experience, I will work to ensure that taxpayers know exactly what their tax dollars are paying for. McHenry County has more equity (net position) than the state of Illinois because of sound financial practice. On my watch, McHenry County has maintained a AAA bond rating and now we have no debt. My record shows that I have put systems in place in McHenry County to pay the bills on time, be transparent about what is being paid, and cutting out corrupt practices leading to wasted taxpayer dollars. We are walking off a financial cliff, which Moody’s warned could happen with a recession. ![]() They have used federal dollars to address their mismanagement vs. It is like paying one credit card, but taking out five more. ![]() Pritzker and Mendoza. They have taken on more loans to pay unpaid bills, so they have provided no real reform. Teresi: The state's liabilities have overall significantly increased under Gov.
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