Jim McIntire for State Treasurer

Dear Friends-

It has been an exciting two and a half years since I first took office – professionally exhilarating but perhaps more exciting than the Treasurer’s Office should be!

I’ve put together a superb leadership team including some of the very best financial people in both the public and private sectors. Here’s a list of our top ten success stories:

Protected public deposits during the failure of 19 banks,
Improved cash management to save money and ensure liquidity,
Financed an unprecedented level of construction investment while maintaining a AA+ credit rating and saving hundreds of millions of dollars in debt service costs,
Conducted the first-ever debt affordability study, leading to a temporary expansion of debt capacity and long term reduction in the state’s working debt limit,
Helped the Legislature create a Debt Commission to prepare a comprehensive assessment of debt-financed capital spending and possible amendments to our constitutional debt limit
Challenged big banks and credit rating agencies,
Increased corporate accountability for state investments, and earned back all of the funds lost in 2008-09,
Urged the Legislature to fully fund required public pension contributions for the first time in years,
Elected to leadership positions on the Washington State Investment Board and the National Association of State Treasurers,
Doing more with less!

Read more about each of these accomplishments here.

I’m not content to rest on these accomplishments. This summer we are working on new agenda items for the coming year, including:

Expanding job-creating infrastructure financing options for local governments,
Fighting Tim Eyman’s I-1125, which would destroy financing plans for the 520 bridge project and threaten highway projects around the state with the loss of gas tax funding,
Promoting financial literacy in the schools, access to banking services for unbanked residents, and monitoring big bank handling of mortgages for distressed homeowners.

In 2008 with your help, I raised and spent $290,000 to run for State Treasurer. That afforded me two radio commercials – one for the primary and one for the general – a campaign manager, a website, and a modest number of yard signs and flyers. Although I am an incumbent, I expect 2012 to be a more difficult, noisy, and expensive election cycle in general, and I am certain to have one or more determined opponent.

I need your early support to begin building my campaign for 2012. It will not be expensive – about $400,000 – but difficult to raise with so may other demands. Dollar for dollar, I guarantee that your contributions to this race will be the most productive campaign dollars spent in Washington. Please consider making a contribution of $50, $100, $500 or whatever you can afford up to the maximum of $3,200 per person today!

As always, I look forward to hearing from you!

Sincerely,

Jim