Election 2022: Who is running for state treasurer in Ohio?

10/11/2022 5:54:00 AM

Election 2022: Who is running for state treasurer in Ohio?

Election 2022: Who is running for state treasurer in Ohio?

Ohio's treasurer appoints public pension board members, gives below market loans to farmers and manages Ohio's billions in investments.

is campaigning to unseat him.Zachary Smith, cleveland.By.Hide Caption Tim Ryan talks Democratic Party, U.

Here's what both candidates had to say about the major issues facing the office: Why is the treasurer's office an important part of state government? Schertzer: "The treasurer is the watchdog of the state’s investment portfolio." But what he thinks matters most to millions of voters is the role Ohio's treasurer plays in the public pension systems.Cleveland."If you're part of one of those systems, you have lost benefits over the past 12 years while the Republicans were in control of those pension funds," Schertzer said."People are very familiar and upset with those losses.This list includes both traditional public school districts and charter schools." More: He promised to appoint board members who prioritized preserving the benefits promised to"hard-working Ohioans.Tim Ryan spoke with USA TODAY Network Ohio about his U.

" Sprague: "We really believe in this theme of using the power of finance to help families.(Scroll to the bottom of the story to see the complete rankings, from 1 to 823) Fifty-four high schools received a score of 100 or higher, with the highest being 108." For example, the Ag-LINK program wasn't being used the way Sprague hoped even though it provides substantial interest rate reductions on loans.(Ohio deposits money into a bank in exchange for giving farmers below market rates.Among those scoring above 100 were a dozen others from Cuyahoga and the six surrounding counties in Greater Cleveland: Solon (106.) "It’s been in the treasurer’s office for 30 years but no one was using it because of all the red tape," he said.Sprague's office worked to simplify the process and saw"record results" during the first half of 2022.672), Kenston (104.Vance in tight race Ryan says Democrats don't have a clear message.

He said the changes couldn't have come at a better time.Inflation doubled the price of diesel and tripled the price of many fertilizers.682), Cuyahoga Heights (103.Why are you the right person for this job? Schertzer: "I have been the mayor of my hometown for almost 15 years now.We’re the closest to our taxpayers, our voters, our constituents.402), West Geauga (103.And I don't believe that kind of connection is taking place in our state government.Democratic U.

" He's never had a visit from a state treasurer during his time as Marion mayor, and that's something he'd like to reinstate if elected.795), Aurora (102.State Treasurer Mary Ellen Withrow, who Schertzer worked for, used to do this."There are three questions that I get asked virtually everywhere I go and one is who the treasurer is now," Schertzer said.87), Hudson (101."If I'm elected, you will see him.He will be back in your county.747).Vance are facing off in the Nov.

I won’t be a ghost like my opponent." He also promised to use his platform to speak out in opposition to abortion restrictions, calling the proposed bans an economic development issue.9% of its 44 high schools."I hear employers almost daily that they just can’t find enough qualified employees, so why are we throwing up a barrier when it comes to women’s rights?" Sprague: $28 billion portfolio , and hundreds of millions of dollars potentially moving each day on the investment side.You want somebody who understands finance.While the Ohio school report card’s new star ratings across multiple categories offer a more balanced assessment of schools and districts, a numerical measure of a school’s success, for better or worse, is still how well students perform in their state tests." Sprague has a master’s degree with an emphasis in finance from the University of North Carolina.A Q&A with Vance will be published tomorrow.

He served as City Treasurer and City Auditor of Findlay.Schools receive points for every student who takes a test, with more points awarded the higher the performance level on state tests.And he worked for a major accounting firm that implemented systems for Fortune 500 companies.What programs would you change, implement or continue if elected? Schertzer: "I want to be the point person out there promoting all our programs.4%, or 176 schools in the state, received a performance index score of less than 65." The Ohio Checkbook , for example, is"great for transparency but not enough political subdivisions are participating" and Schertzer wants to get all of Ohio's school districts and local governments enrolled.The interactive budget tool lets voters see how their money is being spent, but"thousands do not participate in one of the most transparent programs the state has ever created.Three schools, Black River Local Virtual School, North College Hill TrojanWay Learning Center, and Marysville Virtual School, did not receive a calculated score.I don't know if a lot of people know that.

" He would lobby state lawmakers to consider a carrot rather than stick approach to getting municipalities enrolled by offering to increase local government dollars.Sprague: He would expand his office's K-12 literacy programs to more schools, specifically Ohio State Univerity's Real Money, Real World program.13 by the Ohio Department of Education and used a new star-based rating system that replaced the former A through F grades, along with the test score.The class puts kids in a simulation where they get to choose their family composition and try to make a budget work.Sprague said his own son took the class and quickly realized the cost of owning five pets.Early literacy is not included as it is mainly inapplicable to high schools."They have an experience instead of just some boring lectures.I think there's an understanding that that's a problem.

.Related: * Ranking all 607 Ohio public school districts by performance index test scores, led by 3 Cuyahoga County districts *..," Sprague said."This is the way that’s really effective to help kids learn." He's also likely to continue modernizing the treasurer's office to"fit with modern banking process" such as a system that automatically"checks our investments against our criteria.Let's make no mistake about it.

" What is an accomplishment from your recent professional life? Schertzer: "Nobody has had to go through the challenges that local governments have in the last 15 years." From the Great Recession to the opioid crisis, cuts in state funding, and COVID-19, Schertzer said being in local government has been challenging to say the least."We survived it all because we made good decisions," he said.Sprague: its first AAA rating in September, and Sprague said,"We need to recognize how significant this upgrade is for the state of Ohio.It's been 50 years since Ohio’s credit has received an update.We're not going to solve inflation in the short term.

" The upgrade lowers the interest on every loan the state and local governments take going forward, saving Ohio millions in the years to come.And he's proud of the that offers grants for"successful" social and public health projects.The idea is that the treasurer's office helps launch an idea but only covers the cost if verified goals are achieved.For example, the iSee project received $1.2 million for a pilot project to create a mobile vision center that gives glasses to children in rural areas, Sprague said.I just think people didn't do anything wrong.

"In Appalachian counties, many kids don’t get eye exams because there aren’t enough optometrists...This is us using the power of finance to help families." Anna Staver is a reporter for the USA TODAY Network Ohio Bureau, which serves the Columbus Dispatch, Cincinnati Enquirer, Akron Beacon Journal and 18 other affiliated news organizations across Ohio.I just think you've got to admit it.

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