Comptroller Mendoza deposits $150 million more into Rainy Day Fund – WICS (Springfield)

While the additional transfers into the Rainy Day Fund are a welcome boost, Comptroller Susana Mendoza continues to call for regular automatic deposits into the fund during strong economic times, without having to depend on one-time infusions from future legislatures.
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Joey Zamboni
3 years ago

That’s like me depositing $1.50 into my bank account…

WOO HOO, hello debt free living…!

Old Spartan
3 years ago

WOW! Really? A whole $150 million! That certainly is worth having a press conference to brag about. That will really make a dent in the $180 billion debt we already have.

Admin
3 years ago
Reply to  Old Spartan

She does it time after time and the press always gobbles it up.

ron
3 years ago
Reply to  Old Spartan

It is smart to invest new cash flows at 4.5% , than pay off old debt at 2.5%

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