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Friday, January 7, 2011

Ohio Attorney General Collects Record $411,324,856 in Debt for State

Posted By on Fri, Jan 7, 2011 at 12:22 PM

This is what Richard Cordray looks like on the phone.
  • This is what Richard Cordray looks like on the phone.

Think that buddy who owes you $100 is bad? Try having millions of friends like that. With grand totals north of the half billion mark. That's what Ohio goes through every year; the state has a plentiful supply of deadbeat friends.

$411,324,856 of that debt was recovered last year by the Ohio Attorney General's office according to a press release, which apparently is a record.

Ohio Attorney General Richard Cordray's office set a record in 2010 by collecting $411,324,856 million in debt owed to the state, surpassing 2009 totals by more than $46 million. The debts collected include overdue taxes, fines and fees, and can range from items such as past due book fines at state libraries to unpaid corporate income taxes.

"The money that is owed to the state is vital for the various state agencies that rely upon it to operate, and in turn, provide the services and programs that Ohioans count on," said Attorney General Cordray. "In this time of tightened budgets for all, keeping these services secure is more important that ever."

This follows upon a previous record-setting collection of $365,186,479 in 2009.

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