The Treasurer of the State of Louisiana is the chief financial officer of the government of Louisiana. The treasurer is responsible for maintaining the state funds and acting as the state’s bank. The office is split into five divisions: unclaimed property, investments, administration, fiscal control and LAMP (Louisiana Asset Management Pool). The job of the treasury office is to invest the state’s money in a wise way, ensure returns and to give money to cities or schools as needed.
Derrick Edwards
Derrick Edwards says he is the best person to become the next state treasurer because it’s time for a change in the way the state of Louisiana is governed. Edwards says he is running because he is the only candidate with bachelor’s and master’s degrees in accounting and a law degree from Tulane University.
He promises to bring accountability and transparency to the office so that everyone knows exactly how their tax dollars are being spent.
If elected, Edwards says he will conduct a financial audit and review of all state spending and spending bills, making that information available on the state treasurer’s website and social media.
Edwards’ life has been fueled by self-determination and a never give up attitude. After sustaining a broken neck playing high school football, he spent six months in the hospital and two months in the intensive care unit (ICU) at Tulane hospital.
Despite his spinal cord injury that left him paralyzed, he graduated on time with his John F. Kennedy High School class and went on to graduate from Tulane University A.B. Freeman School of Business, where he earned a bachelors degree in management with a concentration in accounting.
He also earned a masters degree in accounting from Tulane University. He also earned a law degree from Loyola University School of Law.
Teresa Kenny
Teresa Kenny says she is running for state treasurer because she has never seen a problem that needs her financial expertise as much as the state treasurer’s office in Baton Rouge
The state’s budgeting and tax system is convoluted and non-effective, she said on TribTalk.
Kenny thinks her decades of experience in managing financial systems, investments, benefits and administration for varied environments, qualifies her to be an effective state treasurer.
If elected, Kenny’s top priorities include finding out the facts about the state’s financial condition. Kenny says she will conduct a review of the state’s finances and review the budgets of each department.
As state treasurer, Kenny says she will place a high priority on transparency.
A native of Florida, Kenny chose to settle in New Orleans and started OfficeOps, which champions small businesses and nonprofits through accounting and finances and streamlining and modernizing their businesses
As state treasurer, Kenny says she will employ the best practices available to save the state money and grow revenue, while cutting administrative costs.
