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Responsible Debt Management and Protecting State’s Bond Rating

The State’s bonded debt funds critical infrastructure throughout the State such as schools, housing, transportation infrastructure, child care facilities and clean water programs. We have to manage this responsibly and with an experienced hand.

The Treasurer’s Office is responsible for the cost-effective issuance and management of the State’s bonded debt, which funds critical infrastructure throughout the State such as schools, housing, transportation infrastructure, child care facilities and clean water programs. Erick has spent his career representing municipalities, state agencies and the Treasurer’s Office in this area, and will apply his experience to guide the Treasurer’s Office in making critical investments that provide for continued economic growth and more vibrant communities. He will ensure that we are making responsible investments and maintaining and improving our State’s bond ratings by paying down our unfunded pension liabilities and remaining fiscally sound, allowing for continued investment at the lowest cost and putting more money back in taxpayers’ pockets.