Kansas State Treasurer Ron Estes filed his paperwork Friday morning to seek another term in office. First elected in 2010, Treasurer Estes has spent his first term successfully advocating responsible fiscal policy for Kansas.
During his term, Estes has become known as the state's "fiscal hawk" by keeping watch over the state general fund and other statewide budgetary matters. He has been an advocate for keeping the state’s promise through sound KPERS reform, and he has continued to ensure that all school district payments are made on-time. Furthermore, Estes worked to expand low-fee options for investors in the Kansas Learning Quest 529 Program.
Reuniting lost money with rightful owners and protecting Kansas tax dollars have continued to be priorities of Treasurer Estes.
Within his first year of office, Estes traveled to all 105 counties to return more than $53 million in unclaimed property to Kansans. He was instrumental in making Kansas the first state in America to successfully claim $861,000 in unclaimed U.S. savings bonds owned by Kansans through a lawsuit filed against the U.S. Treasury. In 2011 he worked with members of the Kansas Legislature implementing a Public Service Announcement Blackout Initiative to ensure Kansas tax dollars are not used for political gain.
"I am proud of the accomplishments the State Treasurer's Office has achieved throughout the last three years," Estes said. "Throughout the last three years I've remained committed to streamlining the process of returning unclaimed property, strengthening the Learning Quest higher education savings program, and identifying common sense solutions for Kansas taxpayers. If entrusted to a second term, I would be honored to continue serving the citizens of this great state."
As State Treasurer, Estes oversees an office that currently handles over $20 billion of state funds and an annual operating budget of $3.5 million. Key programs in the office are Bonds Services, Cash Management, Unclaimed Property, the Ag Loan and Housing Loan Deposit Programs and the Kansas 529 Education Savings Program.