MEDIA ADVISORY

Arizona State Treasurer Dean Martin
FOR IMMEDIATE RELEASE Contact: Kimberly Yee
April 11, 2007 (602) 604-7882
TREASURER DEAN MARTIN - FIRST 100 DAYS REPORT:
OPENING GOVERNMENT FINANCES & INVESTMENTS
(STATE CAPITOL, PHOENIX ) –– A new website with greater access to public finance information, and new open meetings to provide greater public access and understanding of the state’s finances are just two of the accomplishments of State Treasurer Dean Martin’s first 100 days in office.
“My goal is to keep an open line of communication between taxpayers and the new Treasurer’s Office,” Treasurer Dean Martin said. “Our focus is on customer service, efficiency, and the safety, liquidity, and yield of taxpayers’ investments.”
First 100 Days milestones:
- Rebuilding staff & filling key vacancies. “We have been attracting the best and brightest from government and the private sector as well as bringing back experienced personnel from previous administrations,” said Treasurer Martin. “We have a great team that is doing amazing work!”
- Launched a new website, aztreasury.gov as part of the Treasurer’s comprehensive plan to integrate technology with business services to maximize efficiency of the Treasurer’s Office. The website provides additional features for banking, investment and endowment services. New features to make state finances available online and guides to help the public better understand state finances are under development.
- The first new financial database to be published online is the State Shared Revenue distributions database, updated daily and searchable by recipient, geographic location, county, and date. “We have begun our business re-engineering plan to strengthen our internal technology capabilities and improve customer service,” Treasurer Dean Martin said. “By completely overhauling our online capabilities, our customers will have access to important financial information 24/7.”
- Actively implemented a thorough review of all policies and procedures, published an RFP for an external review of the past administration’s investments and future investment strategy.
- Establishment of the first taxpayer and investor shareholder meeting and conference call every quarter. These meetings will keep the public and shareholders updated on the status of their investments, operations within the Treasurer’s office, and provide a forum for questions and feedback. The first meeting is scheduled for April 18, 2007 at 1:30 p.m. for local government investment and 3:30 p.m. for the State Land Trust Endowment (agenda available online at aztreasury.gov).
As a statewide constitutional officer, Treasurer Martin serves as the state’s Chief Financial Officer for the State of Arizona, charged with the prudent custody and management of taxpayer monies and oversight of over $11.7 billion in assets under management.
