Published: Monday, October 25 2010 5 H.
In the run-up to the Deputy Treasurer of State Republican Young Boozer, Director finance for Governor Bob Riley, facing old conservation and natural resources Commissioner Charles Grimsley, a Democrat.
The State Treasurer serves a term of four years and is paid $79,579.68 per year.
What are the changes that you recommend in the college savings programs?
Boozer:?
They should be managed by someone with experience in investment management and plan opérations.Le PACT is in a financial position précaire.Il is essential that the successful implementation of the new structure juridique.Le recent actuarial report shows under-that Pact is again funded 50 million to $ 300 million. The situation will be critical to once again in 2014. Additional annual appropriations will be needed.
Grimsley:
??
I am the only candidate for Treasurer of State who fought to save the Covenant and to the State of its promise of the 44,000 children college education.Save Alabama PACT leaders endorsed the me .the ' last year paid PACT 1.6 million $ investment advisers for what? to lose money. We must stop paying millions to lose millions.
Would what changes you in the Office of the Treasurer to improve its overall operation?
Boozer:
General Norman Schwarzkopf said: "when placed in the order, take over and do what is good."Meet immediately division leaders seek their insight and suggestions is the right thing.This process, combined with my 37 years of financial experience of the Treasury Board, will generate improvements in operations and technology that will benefit the citizens of Alabama.
Grimsley:
We must be more transparent Treasurer Office easier to client.Actuellement taxpayers must complete applications written for the information of the public, and ends when I'm élu.Le State Treasury is people's Bank, and treat taxpayers for what they are: valued clients the company store. ""Service with a smile" is our motto.
What changes would you make, where appropriate, to the investment of public funds to other organizations?
Boozer: I experience it as Director of Finance Director adjoint.Le finance to identify investment funds he controlled and improve their performance YH ' worked with each entity to establish goals, policies and procedures, which leads to a standard methodology, returns a larger and reduces the risques.Je am works with organizations as much as possible to ensure that they are financially solides.a?
Grimsley: Kay Ivey put 70 per cent of the Fund of the Covenant in the stock market and loss of 400 million dollars.afin to rebuild public confidence in the Office of the Treasurer of the State, we make safety and soundness of the State of our principle investment funds primordiale.Nous must also use public deposits to encourage lending to small businesses, which is crucial to our economic recovery.
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