Pennsylvania Treasurer

PA Treasurer Making Plans For Budget Impasse, Just In Case

By • Apr 6, 2017
Chris Knight / AP

State lawmakers are making progress on next year's budget three months before their June 30 deadline.

But it's still a legislature prone to deadlock, so state Treasurer Joe Torsella is making preparations for a potential impasse.

Most of the time when Harrisburg misses its budget deadline, it's not a serious issue. A majority of state services can keep running for a time on the budget from the previous fiscal year.

But if lawmakers miss the deadline by a lot, questions arise. Namely, can the treasury keep paying out public money to the branches of government?

Pennsylvania Treasury Small Business Initiative To Offer Resources, Networking Opportunities

By & & Essential Pittsburgh • Jun 1, 2016
Pennsylvania Treasury

Pittsburgh was recently named one of the top ten cities in the United States for small business activity, according a new study of entrepreneurial activity across the country conducted by the Kauffman Foundation of Kansas City, Mo.

In the aftermath of the 2008 financial collapse, Pennsylvania Treasurer Timothy Reese applauds the city’s comeback, but wants to continue providing resources for small businesses looking to expand throughout the Commonwealth.

PA Treasury Department to Return Forgotten War Medals

By • Nov 10, 2013

The Pennsylvania Treasury Department wants military veterans or their heirs to get the military medals they rightfully deserve.

The Treasury is trying to return some of the 300 military medals the department has acquired over the years.

In conjunction with Veterans Day, State Treasurer Rob McCord is urging his Return Team to renew their efforts in finding the rightful owners or heirs to unclaimed war medals.

PA Treasurer Pushes Parents to Open College Funds

By • Aug 26, 2013

State Treasurer Rob McCord is urging parents to open a Pennsylvania 529 Guaranteed Savings Plan (GSP) before Sept. 1 to take advantage of last year’s lower cost per college credit.

529 plans are offered by states that include tax-free earnings growth and withdrawals.