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DOA says vendor payables fall sharply; refunds and payment processes remain under review
Summary
DOA told the finance committee that outstanding vendor payables declined from roughly $41 million to about $4 million, but that invoice-aging, funding gaps and credit-card convenience-fee reimbursement remain under active review.
Department of Administration leaders told the finance committee on June 19 that outstanding vendor payables have fallen substantially but that payment timing, aging and certain reimbursements still need work.
Director Edward Byrne told the panel, "When I first took this position, the outstanding vendor payables were about 41,000,000. When we ran the report, for this meeting, it was something over just over 4,000,000." DOA CFO Theresa Rivers and accounting staff said the outstanding total reflects invoices that have been submitted; they cautioned the figure can move as agencies continue to submit previously…
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