State Treasurer of Iowa

General Treasury

Iowa's Aaa Credit Rating Reaffirmed

Des Moines, Iowa – State Treasurer Michael Fitzgerald reports Iowa’s Aaa credit rating has been reaffirmed by Moody’s Investor Services (Moody’s). Moody’s recently introduced a new methodology on how they asses a State’s financial position, which led to the reassessment. “Much like a credit score represents an individual’s financial well-being,...
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Treasurer Fitzgerald Helps Iowans Achieve Financial Wellness

Des Moines, Iowa – April is Financial Literacy Month and State Treasurer Michael L. Fitzgerald is empowering Iowans of all ages to be smart consumers by encouraging them to improve their financial well-being. “As State Treasurer, finances are important to me,” said Fitzgerald. “Providing Iowans with unbiased information and equipping...
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Treasurer Fitzgerald Supports Divestment of Public Funds from Russian-Domiciled Companies

Des Moines, Iowa – State Treasurer Michael L. Fitzgerald is joining a group of state treasurers around the country in supporting efforts at all levels of government to divest public and pension funds from investments in Russian-domiciled companies. “I condemn Russia’s unprovoked and unjustified invasion of Ukraine,” Fitzgerald stated. “I...
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Treasurer Fitzgerald Reports Modest Increase in Outstanding Debt Obligations from 2020

Des Moines, Iowa – State Treasurer Michael L. Fitzgerald reports the Iowa outstanding debt obligations for state and local governments totaled $18.8 billion as of June 30, 2021. This represents a 5.30% increase from fiscal year 2020. “In fiscal year 2020, the total amount of debt increased due to public...
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State of Iowa Receives Exceptional Credit Rating Affirmation

DES MOINES, Iowa – State Treasurer Michael L. Fitzgerald announces Iowa’s AAA credit rating has been affirmed by Fitch Ratings. “Iowans can continue to rest assured the State’s finances are in secure order,” said Fitzgerald. “Our conservative budget management, low debt liability and diverse economy helped the State maintain our...
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