Miss. voters to choose new treasure

Mississippians will choose a new money manager this year because two-term state Treasurer Tate Reeves is trying to become lieutenant governor.

The treasurer helps oversee accounts, including the state-sponsored college savings plans and the Public Employees Retirement System. As one of three members of the state Bond Commission, the treasurer helps manage Mississippi’s public debt. The treasurer also helps shape the annual Mississippi budget by serving on a five-member committee that estimates how much revenue the state will collect.

Reeves, 37, is a Republican, as are three of the five candidates trying to succeed him. Lynn Fitch, Lucien Smith and Lee Yancey are competing in the Aug. 2 GOP primary. A runoff, if needed, will be Aug. 23.

AP
7/4/11