Lynn Fitch spoke at the Neshoba County Fair highlighting her successful tenure
as State Treasurer.
there’s no limit to what our state can accomplish,” stated Treasurer Fitch.
“I’m proud of my record as your State Treasurer, and my commitment to you is to
continue to be a positive leader with a positive plan for Mississippi’s
Fitch highlighted several accomplishments spanning the agency’s primary
programs and responsibilities:
Mississippi taxpayers $69 Million dollars through restructuring the state’s
the state’s strong AA credit rating while working to be a positive ambassador
to the rating agencies and bond investors.
over $41 Million in unclaimed property to the rightful owners as well as
modernizing the reporting and claims processes to make it more business
friendly and claimant friendly.
the Mississippi Prepaid Affordable College Tuition Plan (MPACT) after
reevaluating the program to ensure the taxpayers were safeguarded going
the Mississippi Affordable College Savings Plan (MACS) which currently has a
record $186 Million in assets.
her financial literacy initiative, called the Treasurer’s Education About Money
(TEAM), which has now reached over 15,000 students in over 200 schools.
Fitch expanded on one of the more difficult decisions in the past four years,
pushing to defer enrollments to MPACT.
“We suspended MPACT because it was not
sustainable,” Treasurer Fitch noted. “We were losing ground on every new
contract. I was not going to allow taxpayers to be forced to bail out this
program. Not on my watch. Leading is an action word, and we took action that
was fiscally prudent and necessary to shore up a program that is backed by the
full faith and credit of our state.”
continued to say that her agency accomplishments are tied together “by
educating our children; by saving for their college education; by teaching them
the critical life skill of personal finance; and then they will become the
workforce of the future. We have a great state and we must all be ambassadors.
We must all work to move Mississippi forward in a positive way.”