IL state comptroller candidates Susana Mendoza, Shannon Teresi make their pitch ahead of midterms

CHICAGO (WLS) — There’s a few month left earlier than the 2022 midterm elections on Nov. 8.

Among the many key races is for the workplace of Illinois state comptroller, whose duties embrace paying the state’s payments and monitoring state funds.

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By legislation, this workplace assumes the function of the state’s chief fiscal management officer. Meaning they’re liable for the authorized, environment friendly and efficient operations of state authorities.

Incumbent Susana Mendoza is in search of a second time period as she faces off in opposition to McHenry County Auditor Shannon Teresi.

Teresi’s resume contains greater than 15 years of accounting expertise. She transitioned to a profession of public service 12 years in the past, and has been elected auditor twice by McHenry County voters.

“I am working as a result of Illinois is likely one of the most corrupt, fiscally mismanaged, highest taxed state within the nation and as CPA and a licensed fraud examiner I am additionally a licensed inner auditor,” stated Teresi. “I’ve a confirmed monitor document and monetary management expertise the state has by no means had earlier than within the comptroller’s workplace. We have to get the state’s funds heading in the right direction.”

Republican State Rep. Tom Demmer, who’s presently working for treasurer, is the sponsor of a invoice that will mix the treasurer and comptroller’s workplace.

“I undoubtedly assist combining the places of work of comptroller and treasurer,” stated Teresi. “What we see is definitely different states have these places of work mixed and that saves taxpayer cash.”

Mendoza seeks second time period as state comptroller

Susana Mendoza has been the state’s comptroller since December 2016, ending the time period for the late Judy Baar Topinka.

She was elected to a full time period in 2018.

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“I’m so thrilled to have had the privilege and the distinction of getting to steer our state throughout probably the most troublesome difficult occasions,” stated Mendoza.

She stated the credit score companies have taken be aware of her accomplishments at State Comptroller having given Illinois six full credit score upgrades.

“I additionally paid down a horrific, nearly 17 billion greenback backlog of unpaid payments over the past six years.”

Mendoza stated the thought of mixing the places of work of comptroller and treasurer is a political stunt.

“The credit standing companies, you must hearken to that and so they’ve already stated that if the state of Illinois merges these two capabilities they might see it as an enormous lack of inner management and it might be a credit score unfavourable merchandise,” Mendoza stated.