Illinois State Treasurer Rutherford Cutting His Own Budget for Second Time

Illinois State Treasurer Dan Rutherford is proactively cutting his office’s general revenue budget for the upcoming fiscal year by another 3 percent. The budget cut follows similar action last fiscal year when Rutherford self-imposed a 2 percent operations budget cut. Since Rutherford took office, his budget cuts will result in a funding level that has not been this low since 1999.