Opinion Columns

State Should Protect Unclaimed Property Money

By: State Treasurer John M. Schroder, Sr. At any point in time there is $850 million to $900 million in unclaimed money that is owed to Louisiana citizens.  Our dedicated employees work hard to return…

State Government Can Benefit from a Different Perspective

By: State Treasurer John M. Schroder, Sr. You may remember when “privatization” was a buzzword when it came to state government operations.  As a legislator, I would often be the first one to argue that…

Treasury Year in Review

By: State Treasurer John M. Schroder, Sr. When I was first elected to the job of State Treasurer a year ago, one of my goals was to educate the public about the many different functions…

Treasury Partners with Revenue Department to Pay $15 Million in Unclaimed Property Claims

By State Treasurer John M. Schroder, Sr. Hundreds of bills move through the legislative process each year, and many eventually become new laws.  There’s one new law in particular that deals with the Treasury and…

START Saving for College Even with TOPS

By State Treasurer John M. Schroder, Sr. When I attended Southeastern Louisiana University, I worked several jobs to help pay for my college education.  There was no TOPS program when I was in school, and…

LMA Convention Provided Great Opportunity to Discuss Local Financing and Collect Unclaimed Money

Thank you again for the warm welcome at this year’s LMA annual convention.  I thoroughly enjoyed the prayer breakfast, and appreciated the opportunity to take part in the panel on capital outlay financing and the…

Legislative Session Ends and Now Hard Work Must Begin

The legislative sessions are finally over.  At the end of the day, whether everyone agreed on how we got there, we do have a budget.  Higher education and other critical needs were spared from cuts,…

Treasury’s Unclaimed Property Division Successfully Returns Millions This Month

By State Treasurer John M. Schroder I’ve hit the six-month mark serving as State Treasurer, and it’s been a privilege to jump in feet first to learn about all of the functions of the Treasury…

Bond Commission Is Your Watchdog Over State and Local Debt

By State Treasurer John M. Schroder One of my duties as State Treasurer is serving as Chairman of the State Bond Commission. The commission was statutorily created in the late 60s as a successor to…

We Must Reform the State’s Capital Outlay System Now

By State Treasurer John M. Schroder As Louisiana’s banker, part of my job is to tell you what you need to hear about the state’s finances. Unfortunately, it may not always be what you want…