Issue Position: Assure an Adequate Return on State Funds -- Providing More Money to Lower Taxes and Fund Vital Services
Issue Position
Issues: Taxes
The State Treasurer is responsible for wisely but profitably investing the approximately $2 billion of taxpayer money that has been entrusted to that office. The current State Treasurer has earned a return of one half of one percent. That is the lowest return among all 11 Western states, actually a negative return if fees and inflation are taken into account. Dan has pledged to earn a return that is several times greater than the current amount by changing maturity dates as well as the mix of securities in the State's portfolio.
Source