DES MOINES – State Treasurer Roby Smith reports over $456 million in interest was earned on the Pooled Money Fund for the State’s 2024 fiscal year, which runs from July to June. “Records were broken in fiscal year 2024 as we earned more for the State than ever before,” said...
DES MOINES, Iowa – State Treasurer Roby Smith is thrilled to announce historic updates across Iowa’s 529 plans. Recent state legislation has increased the tax deduction amount up to $5,500 for contributions to Iowa’s two 529 plans, College Savings Iowa and the IAdvisor 529 Plan, and IAble, Iowa’s Achieving a...
Lowest annual percentage increase over the last five years DES MOINES, Iowa – State Treasurer Roby Smith reports the Iowa outstanding debt obligations for state and local governments totaled $20.9 billion as of June 30, 2023. Overall, this represents a 3.93% increase over the past fiscal year – the state’s...
DES MOINES, Iowa – State Treasurer Roby Smith reminds Iowans the 2024 Robert D. Blue Scholarship deadline is rapidly approaching. Students of any Iowa high school who plan to pursue, or are currently pursuing, higher education in the state for the upcoming academic year must submit their application at RDBlue.org...
DES MOINES, Iowa – April is Financial Literacy Month, and State Treasurer Roby Smith is encouraging all Iowans to strengthen their financial education skills. “There’s always something to learn to enhance our financial well-being. This year, my office has been working hard to find resources that are educational and engaging...
State Treasurer Roby Smith announces Iowa’s AAA credit rating has been affirmed by Fitch Ratings. “This is great news for Iowa. We are in a good financial position according to the experts,” Smith said. “An AAA credit rating indicates the strength of the state’s economy, and Iowa’s economy outlook is...
DES MOINES – State Treasurer Roby Smith announces the 2024 Robert D. Blue Scholarship is open for applications. Applicants must be a current senior or former graduate of any Iowa high school who plans to attend a college or university within the state. Awards are based on financial need, an...
DES MOINES - When I ran for State Treasurer, I promised I would fight every day for the hard-working taxpayers of this state. Promises made, promises kept. Over the last 8 months as a member of the State Appeals Board, I voted against millions of dollars of taxpayer-funded settlements involving...
DES MOINES - State Treasurer Roby Smith reports over $235 million in interest was earned on the Pooled Money Fund for the State’s 2023 fiscal year, which runs from July to June. “The State of Iowa earned a striking amount of interest in the last year, mainly due to the...
DES MOINES - State Treasurer Roby Smith voted today to provide $200,000 in assistance to those impacted by the recent Davenport building collapse. These funds will be distributed through the Iowa Individual Assistance Grant Program (IIAGP) and Iowa Disaster Case Management Program (IDCM). Recipients will be able to use the...
