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Revision as of 13:08, 12 March 2013

Dan Rutherford
Dan Rutherford.jpg
Illinois Treasurer
Incumbent
In office
January 10, 2011 - Present
Term ends
January 12, 2015
Years in position 3
PartyRepublican
PredecessorAlexi Giannoulias (D)
Compensation
Base salary$130,800
Elections and appointments
First electedNovember 2, 2010
Next generalNovember 4, 2014
Term limitsN/A
Prior offices
Illinois State Senate
2003 - 2010
Education
Bachelor'sIllinois State University (1978)
Personal
BirthdayMay 26, 1955
Place of birthPontiac, Illinois
Websites
Office website
Dan Rutherford is the current Republican Treasurer of Illinois. First elected in 2010, Rutherford succeeded Alexi Giannoulias.[1] His term as Treasurer expires in 2015.

Biography

Rutherford served as a Legislative Assistant for former State Representative Tom Ewing from 1978 to 1980 and was a Business Executive.

He served in the Illinois State Senate, representing District 53 from 2003 to 2010 and serving as an Assistant Minority Leader. Before becoming a Senator, Rutherford was a member of the Illinois House of Representatives from 1993 to 2003. [2]

Education

  • BS, Business Administration, Illinois State University, 1978

Political career

State treasurer (2011-Present)

Borrowing

When they were first elected, Rutherford and comptroller Judy Baar Topinka said they planned to flex their muscle as the state’s fiscal officers, with an aim at Gov. Pat Quinn’s borrowing. Quinn called borrowing one of his “budget pillars,” yet the state treasurer and comptroller must sign-off on short term borrowing, according to Illinois state law requires.

“I have a number of questions about any type of short term borrowing,” Topinka said. “What will the money be used for, how long will it be out, and is there money for the state to pay it back?”

Topinka said she would not issue blank checks to the governor. Rutherford said he thinks he has a mandate to be tough and that voters picked Republicans to hold the fiscal offices of the state for a reason.

“[One] thing that I think is going to be impactful is to have people who are willing to articulate what may be a differing opinion on the finances of the state.”

Rutherford said that not all borrowing is bad, but he does worry about Illinois’ mounting debt and the state’s ability to repay what it borrows. [1]

Debt

While Rutherford cannot stop lawmakers from borrowing billions to pay the state’s backlog of unpaid bills, he said he planned to deter this practice by making it more expensive.

On May 23, 2011, Rutherford said he could not support adding to Illinois' burgeoning debt.

He released his own report that states Illinois total debt would cost every household in the state $42,000. Rutherford arrived at the number by adding Illinois’ $140 billion in unfunded pension and health-care liabilities, the state’s $45 billion bond debt, and the nearly $8 billion in unpaid bills.

The treasurer said lawmakers must cut spending and live within their means in order for Illinois to pay off the debt.

“You can’t borrow anymore money,” said Rutherford. “And if I need to send letters to the rating companies to tell them the treasurer of Illinois is opposed to any more borrowing, I’ll go ahead and do that.”

Rutherford said alerting national rating agencies and bond houses could make it more expensive for Illinois to borrow. He said hopes that step would give lawmakers pause before asking for a billion dollars.[3]

Criticism for raises

Rutherford, along with Illinois Comptroller Judy Baar Topinka, came under criticism in September 2011 for giving pay raises during a fiscal crisis. Topinka gave 56 employees raises of at least 3 percent and several employees raises up to 15 percent. Rutherford gave out 19 raises averaging 16 percent increases. The issue came to light by an analysis of payroll records by the Better Government Association, a Chicago nonprofit group.[4]

Illinois State Senate (2003-2010)

Civil Unions

Rep. Rutherford was the only GOP lawmaker to vote yes on the civil unions legislation before it headed to Gov. Quinn’s desk.[5]

Illinois State House (1993-2003)

Elections

2014

See also: Illinois gubernatorial election, 2014

Rutherford plans to seek the 2014 Republican nomination for Governor of Illinois.[6]

2010

Rutherford won his campaign for state treasurer in the November 2, 2010 election.[1]

Illinois State Treasurer General Election, 2010
Party Candidate Vote % Votes
     Republican Green check mark transparent.pngDan Rutherford 49.7% 1,811,293
     Democratic Robin Kelly 45.3% 1,650,244
     Green Scott K. Summers 3.2% 115,772
     Libertarian James Pauly 1.9% 68,803
Total Votes 3,646,112
Election Results Via: Follow The Money


2008

On November 4, 2008, Republican Dan Rutherford won re-election to the Illinois State Senate District 53 receiving 90,199 votes.[7]

Illinois State Senate, District 53 General Election, 2008
Party Candidate Vote % Votes
     Republican Green check mark transparent.pngDan Rutherford 100% 90,199
Total Votes 90,199

Campaign donors

Ballotpedia collects information on campaign donors for each year in which a candidate or incumbent is running for election. The following table offers a breakdown of Dan Rutherford's donors each year.[8] Click [show] for more information.


Personal

Rutherford resides in Pontiac, Illinois.

See also

External links

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References

Political offices
Preceded by
Alexi Giannoulias (D)
Illinois State Treasurer
2011–present
Succeeded by
Current
Preceded by
'
Illinois Senate District 53
2003–2010
Succeeded by
Shane Cultra