Spencer Coggs to finish out Senate term while he's Milwaukee City Treasurer

CREATED Apr 18, 2012 - UPDATED: Apr 18, 2012

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MILWAUKEE- Spencer Coggs is holding on to his job in the state Senate, even though he was just elected to another position.

State Sen. Spencer Coggs was just sworn in as Milwaukee's city treasurer, but has no plans of stepping down from his Senate seat.  He argues it's the best way to keep the balance in the Senate until the November elections.

Coggs spent Wednesday settling into his new job as Milwaukee city treasurer.  "Our rapid rate of foreclosures in the city of Milwaukee is abysmal," said Coggs to TODAY'S TMJ4.  "I want to see if we can hit the ground running and do something about it."
 
But while the new treasurer is unpacking boxes in his new office, he has no plans of packing up things at the Capitol, just yet.  "With us in the state Senate tied 16-16, it just makes sense for me to keep my position.  If I were to leave, I'm not saying my Republican friends would cause mischief, but I don't want to give them any temptation," said Coggs.

By law, he can do both jobs at the same time, but that has some critics raising their eyebrows.

As state Senator, Coggs pulls in nearly $50,000 a year, but with his new position, comes a salary bump -- he'll more than double his current salary
 
For at least the next five months, Coggs will pull in both salaries from taxpayers.  "I'm going to be giving my Senate salary to charity," announced Coggs.

That would mean a check of more than $20,000 to a charity Coggs hasn't selected yet.  "This gives me an opportunity to transition more smoothly.  It won't be as hectic as it would seem, but it won't be a cake walk either," said Coggs.

Coggs says he will not run for re-election as state Senator.