3/31/2011 - TOPINKA APPLAUDS SENATE PASSAGE OF FISCAL OFFICE CONSOLIDATION

Combining offices would save an estimated $12 million annually

SPRINGFIELD – Illinois Comptroller Judy Baar Topinka on Thursday released the following statement in response to Senate passage of legislation to consolidate the offices of Comptroller and Treasurer. Sponsored by Sen. Kwame Raoul, the bill was approved by a vote of 55-0.

“Members of the Senate did the right thing for Illinois and its taxpayers today by voting to consolidate the state’s fiscal offices, and I appreciate Senator Raoul’s work to move the bill forward. Consolidation of the offices of Comptroller and Treasurer will improve efficiency, save on personnel and office costs, and deliver the long-term benefit of more timely state investments. In all, it will save the state an estimated $12 million annually without sacrificing services, and there is absolutely no reason for further delay.”

“Quite simply, Illinois’ precarious fiscal condition will not improve until government stops spending more than it takes in. There is no tax increase or borrowing plan that can dig us out of this – it all comes back to spending. Difficult decisions must be made, but Consolidation is an easy one. It is time to get it done.”