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WELCOME FROM THE TREASURER

Thank you for visiting the Maryland State Treasurer’s Office website. We hope you find it informative and helpful. We welcome your ideas and suggestions.

As a Constitutional officer responsible for the prudent management and protection of State funds and property, I am committed to investment and distribution practices that protect and preserve Maryland’s fiscal integrity. Maryland is one of only seven states to benefit from a triple A bond rating, thus enabling our State to save millions and millions of dollars on interest payments.

Along with managing the State’s deposits, investing excess funds, safekeeping all State securities and investments, operating a capital lease financing program and energy performance master lease-purchase agreement, the State Treasurer’s Office (STO) provides insurance protection against unexpected damage to State property or liability of State employees. The STO purchases all of the State’s financial and insurance services.

A member of the Board of Public Works (BPW), along with the Governor and the Comptroller, I review and approve all major contracts and procurements for all State agencies. The BPW is the only one of its kind in our nation. The responsibility to oversee the expenditure of State funds for significant commodities, construction and maintenance of facilities and vital services is one that I take very seriously.

My office serves the citizens of Maryland. We are fiscal guardians of State money. We act deliberately and responsibly. We hope that our website provides insight and information for you.
Again, thank you for your interest.


INVESTING IN MARYLAND

Maryland expects to offer its general obligation bonds for sale to retail investors twice a year. This gives citizens an opportunity to own highly rated bonds of various maturities backed by the full faith and credit of the State.

By purchasing Maryland bonds, you can also invest in the future of Maryland.   In recent years, Maryland has used more than 60% of the proceeds of its general obligation bonds to finance the construction of public schools and higher education facilities in the State. The bonds are also used for the construction of State facilities; the construction by local governments of jails and correctional facilities; and the construction of hospitals, cultural projects and other facilities.  

To learn more about Maryland bonds and how to purchase them, visit www.BuyMarylandBonds.com

NEWS
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Public Debt Testimony 2/26/10

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Treasurer's Office Operating Budget Testimony 3/3/10

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Bond Sale Results

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AAA Bond Rating Affirmed Again

» MLGIP receives highest rating
» Report to the Maryland General Assembly on Status of State Center Lease
» Fraudulent Check Scam Alert
» 2008 Capital Debt Affordability Committee Report
» State Agency Emergency Insurance Contact Information
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» 2008 Maryland State Treasurer's Annual Report
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