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Plan to Merge Illinois Treasurer and Comptroller Stalled

 

The plan to merge the Illinois treasurer and comptroller's office is stuck in the state House of Representatives.

Combining the two offices that handle state finances could save Illinois an estimated $12 million, but the legislature hasn't signed off on the constitutional change.

State treasurer Dan Rutherford and comptroller Judy Baar Topinka both favor combining their offices into one. Topinka, a Republican, blames Democratic House Speaker Mike Madigan for keeping it "bottled up" in that chamber.

Madigan's spokesman denies that claim, saying the Speaker does believe the two offices have dramatically different duties, and the public's funds are best safeguarded when they're kept separate.

Illinois used to have one fiscal office known as the state's auditor, but in the '50s Orville Hodge used the office to rob the state. Madigan was part of the constitutional drafters who in 1970 separated the office's duties to prevent future scandals. Topinka said she understands that history.

"But the oversight angle of splitting those offices is long gone," Topinka said. "We have other ways of doing it. So now it's time to bring them back and avoid at least 20 percent duplication. That's easy pickings. For gosh sake's what does it take to figure it out? There is honestly no downside. No downside."

The Speaker's spokesman said Madigan believes the consolidation proposal as is doesn't have enough safeguards.