From AP - News Headlines -

GOP Candidates Endorse Merging Two Financial Offices

The Republican candidates for Illinois Treasurer and Comptroller say they're confident that consolidating the two offices will not only save the state money, but be done in a system with checks and balances.

Former Treasurer Judy Barr Topinka and Pontiac Senator Dan Rutherford say merging the positions will save the state 12-million dollars by trimming jobs, office space, and saving communication time when investing money. Campaigning in Urbana Tuesday, Topinka says it used to be that way, when Illinois simply had a state auditor. A person in the office in the 1950's... Orville Hodge... was convicted and sentenced to prison for embezzlement. Topinka says the two offices were created for oversight, but adds that's what the office of auditor general is for now. "He (William Holland) serves in that function of oversight. Second of all, becase of the high-tech computerization, we have the same numbers."

If they're elected, Topinka and Rutherford say they'll actively campaign for the change before lawmakers next year. If lawmakers approve the change, it would require voter approval in November 2012. If the question passes, the single financial officer would be on the ballot two years later. And during their time in office, "Communication will be key," said Rutherford. "Because of our relationship, we will talk about when she's gonna disperse and when I can make funds available. But the thing is, someday Judy and Dan aren't gonna be there, there will be a different personality, and we want to have this thing fixed for the future."

Illinois' Democratic candidates for Treasurer and Comptroller, Robin Kelly and David Miller, have also gone on record supporting the idea. Kelly contends she first proposed merging the offices, but the GOP candidates say press reports indicate she was only exploring such a plan until recently.

Categories: Economics, Government, Politics