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Richard E. Mourdock Indiana

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Richard E. Mourdock Indiana INDIANA RICHARD E. MOURDOCK TREASURER OF STATE 200 W. Washington, St., #242 Indianapolis, IN 46204 Tel: 317-232-6386 Fax: 317-233-1780 Email: [email protected] Website: www.state.in.us/tos/ Selection Method: Constitutional— Elected by the People Term Length: Four Years Term Limit: No more than eight years in any 12-year period Served: Since February 2007 Next Election Year: 2014 Salary: $74,580 (plus $12,000 annual housing allowance) KEY STAFF Jim Holden, Chief Deputy Treasurer and General Counsel 317-232-6388 Michael Frick, Deputy Treasurer and Portfolio Manager BIOGRAPHICAL SKETCH 317-232-0140 Born Oct. 8, 1951 in Wauseon, OH. Currently resides Christopher Conner, Director of Communications and in Evansville. Wife’s name: Marilyn. B.S., natural Special Projects systems, De%ance College; M.S., geology, Ball State 317-232-6387 University. Republican. Alicia Crabtree, Scheduler and Administrative Assistant Treasurer Mourdock began his career in public 317-232-6386 service as the Vanderburgh County Commis- Jennifer Gilson, Scheduler and Administrative Assistant sioner from 1995 to 2002. Afterwards, Treasurer 317-232-6386 Mourdock founded R.E. Mourdock & Associates, an environmental consulting %rm. He is a licensed professional geologist. Prior to beginning his OFFICE OF THE TREASURER consulting practice, Treasurer Mourdock spent 16 years as a top executive with Koester Companies, Total Number of Employees: 12 Inc. He has over 30 years of private sector business Size of Treasury Annual Budget: $870,106 management experience. Size of Portfolio Managed by Treasury: $6,800,000,000 Treasurer Mourdock previously served as the vice- chairman of the College Savings Plan Network The treasurer is responsible for the receipt and custody and the Midwest Regional Vice President of the of all monies paid into the state treasury. The o"ce National Association of State Treasurers. manages the investment of state general fund monies and more than 70 trust and dedicated funds. The treasurer pays all warrants cleared through banks and reconciles collections daily with the state auditor. 30 NATIONAL ASSOCIATION OF STATE TREASURERS ABOUT THE TREASURY ADDITIONAL ACTIVITIES Administration (4 employees): Responsible for day-to- The treasurer has day-to-day authority over the day management of the o"ce including scheduling, operations of the following boards and quasi-gov- communications and media relations, legislative, o"ce ernmental entities: Chairman of the Indiana Bond accounting, data processing and general support Bank, Chairman of the Indiana Education Savings services. Authority, Chairman of the Indiana Wireless Enhanced 911 Advisory Board, Trustee of the Indiana State Police Cashier’s Section (5 employees): Duties include col- Pension Fund, and the Secretary/Investment Manager lections, disbursements, wire transfers and reconciliation. of the Indiana Board for Depositories. In addition, the Document division handles %ling of cancelled warrants treasurer serves as vice chairman of the Indiana Housing and researching all requests related to cancelled and Community Development Authority and a member warrants. of the following boards and commissions: Indiana Arts Investment/Cash Management/Fiscal (3 employees): Commission Cultural Trust Administrative Board, Indiana Responsible for investment of Indiana’s $7+ billion Deferred Compensation Committee, Indiana Board of portfolio, with primary objectives of safety, liquidity and Finance, Grain Indemnity Corporation, Indiana Business return. By law, the treasurer invests in %xed income Community Credit Corporation, Indiana Finance instruments only. Also oversees the operations of the Authority, Indiana Heritage Trust Committee and the State Police Pension Fund, for which the treasurer serves Underground Storage Tank Financial Assurance Board. as sole trustee. The treasurer also serves as administrator for the state’s local government investment pool. TREASURER’S AGENCIES Indiana Bond Bank (3 employees): The treasurer serves as chairman of the board of the Indiana Bond Bank. The Indiana Bond Bank is a quasi-governmental agency created by the Indiana General Assembly to assist local units of government with short and long-term borrowing needs. The Bond Bank pools bonds of local units of government to achieve the most competitive rate for participants at the lowest possible cost. Indiana Education Savings Authority: (2 employees): The treasurer serves as the Chairman of the Board of the Indiana Education Savings Authority. The Indiana Education Savings Authority oversees the Indiana College Choice 529 Plan. Indiana Board for Depositories: (2 employees): The Public Deposit Insurance Fund (PDIF) was created in 1937 to insure the deposits of public monies in Indiana’s banks, similar to the way the FDIC insures individual depositor’s accounts. PDIF funds are managed and invested by Treasurer Mourdock in his capacity as the Secretary-Investment Manager for the Indiana Board for Depositories. Treasurer Mourdock sta!s, administers, manages and directs the a!airs and activities of the board in accordance with the policies set forth by the board. Indiana Wireless Enhanced 911 Advisory Board (3 employees): The treasurer serves as chairman of the Wireless Board, which is responsible for the oversight of wireless E9-1-1 and routing wireless E911 calls to the proper public safety agency location. STATE TREASURY PROFILES 31.
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