The past four years have been filled with challenges and opportunities which your Kentucky State Treasury has embraced with hard work, dedication and commitment.
Upon taking office in 2008, we learned that the commonwealth's accounts had not been balanced for almost two years. We tackled this challenge by reconciling five years of work in only three years.
In her endorsement of my candidacy, Auditor Crit Luallen stated, "Todd inherited a problem with a technology system that was incapable of balancing the state's books, and he has worked tirelessly to bring that reconciliation process current. He has now successfully reconciled the state's accounts for the first time since 2006."
A focus on maximizing efficiency and productivity has transformed Treasury into the most cost-effective office in state government.
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We set a new record returning over $50 million of unclaimed property to Kentuckians by engaging more than 500 volunteers through our "Treasure Finders" initiative.
We produced a series of job fairs in the most economically disadvantaged regions of the state.
We developed and promoted "Financial Literacy Boot Camps" in high schools throughout the commonwealth.
We implemented the first new general depository banking contract for state government in almost 100 years and took on significantly expanded responsibilities under Kentucky's new payroll system.
We accomplished all of this while our general fund budget allocation was reduced by 27 percent.
I'm proud of these accomplishments and respectfully request your endorsement of my continued service as your treasurer.