Comptroller Mendoza Starts Fiscal Year 2026 With All The State's General Revenue Fund Bills Paid
SPRINGFIELD - With the close of fiscal year 2025 on June 30, Illinois Comptroller Susana A. Mendoza reports another successful year in paying the state’s bills in a timely manner while the state’s Rainy Day Fund balance has again increased to new records. For the fourth consecutive year, the Illinois Office of Comptroller (IOC) released all pending bills to vendors from the state’s General Revenue Fund (GRF), while reporting an end-of-year GRF cash balance of $1.9 billion. This means the IOC is current on all bills received related to Medicaid, the state’s Group Health Insurance program, elementary and high schools, higher education, and other government operations and programs. “Working with Governor Pritzker and the General Assembly, we have positioned the state in the most fiscally stable position we can, given the uncertainties of federal funding in the months to come,” Comptroller Mendoza said. “While we keep a close watch on the latest