The Massachusetts state treasurer could stay busy with the basic responsibilities of managing the state’s cash flow and debt. But the holder of the office has a much broader portfolio, overseeing the state school building fund, lottery, alcoholic beverages commission, public pension fund, state retirement board, and other duties. The position demands an executive with high energy and wide-ranging experience. That candidate is Democrat Deb Goldberg.
The Massachusetts state treasurer could stay busy with the basic responsibilities of managing the state’s cash flow and debt. But the holder of the office has a much broader portfolio, overseeing the state school building fund, lottery, alcoholic beverages commission, public pension fund, state retirement board, and other duties. The position demands an executive with high energy and wide-ranging experience. That candidate is Democrat Deb Goldberg.
Goldberg, whose family used to own Stop & Shop, learned the grocery business from the ground up. Unlike her opponent, Republican Mike Heffernan, she has held elected office on the local level, gaining valuable political and fiscal experience.
Serving six years on the Board of Selectmen in Brookline gave Goldberg pragmatic experience, which would serve her well when keeping tabs on school construction costs. She also has an appreciation for the impact that Lottery proceeds can have on police, fire, and other basic services, and vows to streamline the process further by fixing the outmoded technology used by lottery vendors.
Whoever becomes the next treasurer will follow a solid term by outgoing state treasurer Steve Grossman. He set a high bar for transparency, cash flow management, and return on investments in the state pension fund, which rose by 17.6 percent in the fiscal year that ended June 30. Goldberg pledges to continue that tradition of excellence with her plan to create a nonpartisan fiscal agency to predict the cost of new legislation and provide multiyear budget forecasts. She also promises to publicize the budgets of all departments connected to the treasurer’s office, reasoning that transparency must start with her.