Treasurer briefs sheriffs on options
BECKLEY –
State Treasurer John Perdue and staff briefed southern West Virginia sheriffs Friday on investments, electronic commerce and possible revenue collection services, during a presentation at the Raleigh County Courthouse.
Treasurer Perdue’s office, through its Board of Treasury Investments, manages $3.6 billion in public money, most in state operating funds. Some $160 million comes from political subdivisions, such as cities, counties, public service districts and volunteer fire departments.
“We want these sheriffs and other officials to know that we have a competitive investment product that offers constant access to one’s money; payments to the state that can be made electronically; and revenue collection either by paper or electronically,” Perdue said.
Raleigh County Sheriff Steve Tanner coordinated the event and introduced Perdue. He praised the Treasurer for its BTI services and the willingness of its computer support staff to aid those who invest.
”They have a staff in place to learn how to learn more effectively use the computer,” Tanner said. “It’s difficult to find relevant and important training. You can’t beat it when the State Treasurer offers to give it to you for free.”
The Treasurer’s Office is offering some political subdivisions the option of revenue collection, in exchange for investing in the BTI. Those payments can either be made by paper or by electronic transfer.
Electronic commerce has grown greatly under Treasurer Perdue’s tenure, particularly among college students looking to pay for tuition and hunters and fishermen who want to pay for licenses.
Other sheriffs in attendance were Fayette County Sheriff Steve Kessler; Greenbrier County Sheriff James Childers; Mercer County Sheriff Danny Wills; and Wyoming County Sheriff Sherill Parker. Raleigh County commissioners John Humphrey and John Aliff were also present, as was Lt. Scott Van Meter of the State Police and City of Beckley Police Chief Tim Deems.