|Address||5313 Floradale Dr |
Cross Lanes, West Virginia 25301, United States
|| February 19, 1950
|Contributor||Not in Public Domain|
Oct 28, 2012 09:55pm
|Info||tate Treasurer John D. Perdue first took the oath of office in January of 1997 to become the 24th treasurer of the State of West Virginia but he is in his 29th year of pubic service to the State of West Virginia. He was re-elected in 2000. |
Treasurer Perdue’s public career began in 1973 when he joined the staff of the West Virginia Department of Agriculture, where he worked his way up to become assistant commissioner.
Former Governor Gaston Caperton recruited him in 1989 to work on the governor’s staff, where he was senior executive assistant for eight years.
His duties included handling of the financial operations of the governor’s office, being the governor’s disaster relief specialist, sewer and water project funding coordinator, and the governor’s legislative liaison.
Known as an accessible public servant, Treasurer Perdue used his experience and reputation to forge a victory in his first bid for statewide office in 1996 when he was overwhelmingly elected the state treasurer. He was unopposed for re-election in 2000.
Since taking office, Perdue has restored confidence in the Treasurer’s office and reorganized the staff to handle the additional duties that the Legislature returned to the agency. The State Treasurer has responsibility for all banking functions for the state.
He was able to convince the Legislature in 1997, in his first weeks as Treasurer, to return the cash management responsibilities to the office, to pass bills that allow credit card purchases by the state and to save millions of dollars by greatly reducing the number of checks written in lieu of electronic transfers.
Among his most gratifying achievements have been his Financial Education Initiatives. He conceived and fought for passage of the West Virginia Prepaid Tuition Trust Fund Act to help parents and grandparents pay for their children’s or grandchildren’s future college expenses through SMASRT529 initiatives. The new savings programs are helping establish college attendance as the norm for West Virginia children instead of the exception.
Treasurer Perdue has also started a “Bank at School” program for 5th and 6th grade students throughout the state. On the high school level, students are enjoying classes offered by the National Endowment for Financial Education and West Virginia University Extension Service in partnership with the State Treasurer’s Office. Both programs are designed to teach youngsters at an early age about the basics of money management. Adult financial education classes include investments, credit card debt and financing a home. The adult series has also included a statewide Women & Money Conference which annually draws 2,000 women from across the state to Charleston to learn about their financial futures.
One of the most successful programs within the office was improved after West Virginia become the first state in the nation to fully implement the national Uniform Unclaimed Property Act. Since implementation of the law, the Treasurer’s Office has returned more than $33 million to the owners of property turned over to the office.
Through innovative procedures, the Treasurer’s Office has saved $250,000 in the way checks are mailed; the office saved $3 million by creating a central revenue processing center that allowed two days of interest income to be added; thousands of dollars have been saved by starting direct deposits of state paychecks, ACH transactions and online payments to state agencies; and the office generated $70,000 in savings by creating an in-house training program.
By moving to the forefront of technological advances, the State Treasurer’s Office has vastly expanded its web page so that it is interactive for on-line filing of reports, applications for the SMART529 program, and Unclaimed Property searches. The office also has a state-of-the-art remittance system for same-day revenue processing and overnight investment of revenues. An e-government gateway has been set up for state agencies, such as the DNR and DMV, to accept credit card payments for goods and services.
Treasurer Perdue has served as head of the Northeast Region of the National Association of State Treasurers, has been elected to the board of the College Savings Plan Network and serves as its liaison with the National Association of State Treasurers.
He is a native of Dog Fork Hollow at Manila, Boone County, and the son of Mary and the late Glen Perdue. After graduating from Scott High School, Madison, the Treasurer attended West Virginia University and earned a B.S. degree in 1972.
The Treasurer is the chairman of the WVU College of Agriculture and Forestry Visiting Committee, he serves on the West Virginia Board of Trustees of the Leukemia Society of America, and is a member of the West Virginia Technology Enterprise Investment Council.
John and his wife, Robin, are the parents of two daughters. They are residents of Kanawha County.