Your Money: Safeguarding and Spending It Right
State Treasurer Clint Zweifel Talks Money, Helping Small Business and Returning What’s Lost
By Mike Ferguson
(St. Charles, MO) – What happens to your money once it leaves your bank account and ends up in the state government’s coffers?
Before it’s spent on whatever our lawmakers decide, it’s managed by the State Treasurer.
That job isn’t just about making sure the line items match up and the checks don’t bounce; it’s about keeping billions of dollars safe from waste and investment losses.
That’s the job the people of Missouri gave to Clint Zweifel in 2008 and 2012. The Democrat served in the state House of Representatives before winning those elections.
He recently sat joined me on the “Missouri Viewpoints” set to report on what challenges he (and taxpayers) face when it comes to safeguarding the money collected in taxes, fines, fees and sales. There’s more to it than making sure the bank does its job because much of the money you send in is invested in bonds and securities.
The Treasurer’s office may have a role in helping that nearby farmer get back on his or her feet after a natural disaster. It also may help your community’s small business owners and also has a role in the efforts to fund housing for Missouri’s low-income residents in many areas.
Also, Zweifel’s office may have some of your money without you even knowing it. He explains how old insurance policies, refunds and other business transactions may have left money for you from businesses or government that you aren’t aware of.
The Treasurer’s office is more low profile than that of other statewide officials but has more of an impact than many people realize.
Find out why by watching this week’s “Missouri Viewpoints.”
On the web: http://www.treasurer.mo.gov/