Press Release

Treasurer Pieciak announced that Vermont’s credit ratings were affirmed by the major credit rating agencies, S&P Global Ratings (AA+), Fitch Ratings (AA+), and Moody’s (Aa1). Leveraging this fiscal strength, Pieciak and his office successfully refinanced outstanding higher-interest bonds, resulting in savings of approximately $3.7 million. 

They discussed a variety of programs worth potentially hundreds of millions of dollars to Vermonters, including an uncapped Federal program that could benefit towns and non-profits. Treasurer Pieciak also highlighted his office’s new program providing low-cost capital in this space.

After a semester learning various financial topics—from budgeting and saving to investing and managing credit card debt—Ms. Poquette’s students each presented their budget and plan for the future, their final assignment for the course.

The pilot program will return over $150,000 to over 250 nonprofit organizations in Vermont

State Treasurer Mike Pieciak announced today that he will be delivering $25,000 in unclaimed property checks to Vermont non-profits and community organizations this holiday season.

Former Vermont State Treasurer Beth Pearce has been appointed to the Financial Accounting Foundation’s Board of Trustees. The FAF provides oversight of the financial standards-setting boards for U.S. companies and governments.

State Treasurer Mike Pieciak announced his office is launching a pilot program that will proactively reunite Vermonters with their unclaimed property.

State Treasurer Mike Pieciak joined Governor Scott and state housing leaders to announce $55.5 million in housing investments from the Treasurer’s Office’s 10% in Vermont local investment program.

State Treasurer Mike Pieciak announced that up to $53.5 million of State of Vermont Citizen Bonds will be offered for sale on August 24. It’s the state’s first bond offering in more than two years.

State Treasurer Mike Pieciak and Bennington County Senators announced that over $130,000 of federal funds are available to reimburse Bennington County public entities that conducted search and rescue operations on Green Mountain National Forest land on or after Oct. 1, 2012.