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Our special guest speaker on Friday, April 25th was our State Treasurer, Mike Pellicciotti. He was elected in 2020 as the 24th Treasurer of Washington. As the Chief Financial Officer, Mike Pellicciotti is dedicated to increasing government transparency, protecting Washington's financial health and to reduce financial barriers for Washingtonians. This was his 83rd Rotary presentation. The role of the State Treasurer is to manage $35 billion dollars of state government operating cash and local government surpluses (cities, school districts, counties and other local government districts) through the Local Government Investment Pool. The Treasurer manages state debt from legislatively approved bond sales that finance local infrastructure, major state capital and transportation projects. Cash flow amounts to billions of dollars annually involving most state deposits, withdrawals and transfers. |
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