State Treasurer of Iowa

General Treasury

Treasurer Fitzgerald earns more than $51 million for Iowa in FY20

State Treasurer Michael Fitzgerald earned $51.6 million in interest on the State of Iowa’s short term investment pool in the fiscal year that ended June 30th. Fiscal year 2020 (FY20), July 1, 2019 through June 30, 2020, marks the second highest earnings for Iowa in over a decade. The FY20...
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Protecting Your Finances During a Crisis

Treasurer Fitzgerald’s Tips to Prevent Your Assets from Becoming Unclaimed Property Des Moines, Iowa – In light of the ongoing COVID-19 pandemic, State Treasurer Michael Fitzgerald wants to remind Iowans to monitor their assets to prevent them from becoming unclaimed property. The Treasurer’s Office receives millions of dollars in unclaimed...
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Treasurer Fitzgerald Recognizes Autism Awareness Month

DES MOINES, IA – April is nationally recognized as Autism Awareness Month, and State Treasurer Michael Fitzgerald is taking this opportunity to shine light on Iowa’s Achieving a Better Life Experience (ABLE) plan, IAble. As a tax-advantaged savings plan for individuals with disabilities, IAble allows eligible individuals to save for...
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Iowa Remains at the Top of Credit Rating Scales

DES MOINES, IA – State Treasurer Michael Fitzgerald reports the state of Iowa has once again affirmed its Triple A credit rating from rating agencies Standard & Poor’s, Fitch Group and Moody’s – exemplifying the state’s strong capacity to meet its financial commitments. “Triple A is the highest rating a...
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State and Local Outstanding Debt Obligations Increase 4.8 Percent

State Treasurer Michael Fitzgerald reports the Iowa outstanding debt obligations for state and local governments totaled $17.1 billion as of June 30, 2019, a 4.84% increase from fiscal year 2018. “While this is the largest percentage increase since 2011, it is not alarming,” stated Fitzgerald. “This growth is expected in...
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Treasurer Fitzgerald Looks to Reunite Iowans with Lost Valentine Treasures

DES MOINES, Iowa –While millions of people will be exchanging cards or handing out roses and boxes of chocolates this Valentine’s Day, State Treasurer Michael Fitzgerald will be looking to reunite Iowans with their lost treasures from the Great Iowa Treasure Hunt. “On Valentine’s Day we celebrate our commitments to...
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