Treasurer Osborn Responds to Resolution to Eliminate the State Treasurer's office

Lincoln, Neb. State Treasurer Shane Osborn responded today to Legislative Resolution 284 CA introduced by Senator Utter on the elimination of the State Treasurer’s Office.

“The State Treasurer serves a vital role as an independent elected official who is accountable to the citizens of Nebraska, and a check to the power of the Governor and Legislature” said Osborn. “In an era of growing government, my office has been doing more with less, increasing efficiency, all while creating transparency in government spending.”

“My actions in office speak for themselves, returning more than $42 million in unclaimed property, dispersing more than $276 million dollars in Child Support Payments electronically, processing $9.6 billion in state agency receipts through my Treasury Management Division, and the highest in-state participation rate in the country for the Nebraska College Savings Plan.”

Treasurer Osborn also cited the recent improvement made to Nebraskaspending.gov, which includes the addition of 1.76 million payments made by state agencies, a first in the history of the state.

“I don’t believe that combining the Treasurer’s Office into additional departments will provide a cost savings to the state,” stated Treasurer Osborn.