ABOUT US
The focus of my campaign for West Virginia State Treasurer is Growth, Transparency, and Stewardship. West Virginia deserves leaders who understand the concerns of citizens, and who work hard every day to ensure prosperity for future generations.
growth
In order to provide a high quality-of-life for residents, policies that encourage growth must be advocated for and maintained. To achieve this, says Schetrom, "the Treasurer's Office needs to continue to pursue innovative solutions at the State Government level which increase efficiency, and allow for greater numbers of our population to participate in economic advances in our state."
In pursuing this agenda, Schetrom will work to grow the Jumpstart Savings Plan, which was signed into law during the legislative session of 2021, and became available to users in July, 2022. This program is similar to a 529 College Savings Plan, but allows people who wish to work in the trades--ranging from welding to cosmetology--to invest money for future purchases of tools, equipment, certifications, etc. This is a potentially great program that creates a means for more people to save toward future careers in the trades. Any investment signifies hope for the future, and Schetrom will work to grow this program in order to see more people in West Virginia prosper.
transparency
Schetrom has been an advocate of the statewide Transparency Initiative. This initiative is called Project Mountaineer, and its goal is to provide local governments a no-cost method for reporting revenues and expenses. This initiative is valuable for localities, and allows citizens to easily track accounting and investment decisions made by their local elected leaders. Schetrom maintains that "transparency and openness makes everyone better."
Schetrom maintains that the West Virginia Treasurer has a powerful and unique role in guiding investment decisions related to the state's resources. At the most basic level, these investments represent the people's hope for the future. It is imperative that the Treasurer's Office maintains transparency regarding its investment decisions. The Office should utilize modern and efficient reporting systems, so that constituents are informed about the financial decisions of the state.
STEWARDSHIP
Schetrom firmly believes that the highest duty of elected officeholders is to serve the people who elected them Elected representatives do not own state tax revenues and other sources of funding, but are charged with the duty to act as good stewards of those financial resources. In pursuing the goal of good stewardship, Schetrom has attended numerous Local Government Services training conferences hosted by the County Commissioners' Association around the state, and has worked tirelessly to implement sound fiscal policies in the county he serves.
At the State Government level, the Treasurer's Office must be a tireless advocate for policies that protect citizens' rights. For example, when asset management firms enact policies that work to destroy the value of West Virginia's investments, the Treasurer's Office should create and maintain policies that prohibit state investments from being held by these institutions.
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