JACKSON, Miss. – State Treasurer David McRae today returned nearly $20,000 in unclaimed property to Alcorn State University, the nation’s first public, historically black, Morrill land-grant university. “Alcorn State University has provided a remarkable educational experience to Mississippians for nearly 150 years,” said McRae. “I was proud to return this $20,000 to its rightful owners today and am grateful it will be … Read More
Governor Reeves, Treasurer McRae Approve Deal to Save Taxpayers $36 Million
Governor Tate Reeves and State Treasurer David McRae today announced a debt refinancing deal that will save taxpayers $36 million. The savings will be used to reduce debt service payments in upcoming fiscal years. “Mississippi taxpayers deserve watchdogs to look after their finances. Careful stewardship is essential,” said Governor Reeves. “I want to thank Treasurer McRae for his excellent work … Read More
2020-21 College Savings Enrollment Period Opens
Treasurer David McRae today announced the 2020-21 enrollment period for Mississippi’s prepaid college tuition program is now open. A Mississippi Prepaid Affordable College Tuition (MPACT) plan allows families to lock in tuition rates and prepay their child’s tuition fees. Enrollment is open from September 1, 2020, to May 31, 2021. To learn more, visit Treasury.MS.gov/MPACT. “Typically saddled with tens of … Read More
State Treasurer McRae Finds, Returns $271,000 in Unclaimed Property to Mississippi Division of Medicaid
Treasurer David McRae has returned $271,000 in unclaimed property to the Mississippi Division of Medicaid. This adds to the more than $9 million in unclaimed property returned to Mississippi since Treasurer McRae took office in January. Of that, $5 million has been returned throughout the COVID-19 pandemic, providing critical economic relief to the state during this time. “Throughout the pandemic, … Read More
Mississippi Treasury Launches Upgraded Website Designed for Transparency
Treasurer David McRae today gave a new look to Treasury.MS.gov. The upgraded website makes it easy for Mississippians to search for unclaimed property, learn about college savings opportunities, and track the state’s credit ratings and investments. “We wanted this website to be a hub for transparency within state government,” said McRae. “The new design makes it easier than ever for … Read More
State Treasurer Returns $10 Million to Mississippi Economy
Treasurer David McRae today announced his office has found and returned $10 million in unclaimed property since he took office in January 2020. Of this, approximately $4.8 million was returned during the COVID-19 crisis, serving as a meaningful economic boost during this difficult time. “This isn’t the state’s money; it’s just our responsibility to find its rightful owners and return … Read More
Promises Made. Promises Kept.
When I told Mississippi that protecting our credit rating would be one of my top priorities, we had no idea what was about to happen to our economy. We didn’t see a global pandemic at that time, nor did we expect that so many Mississippians would find themselves out of work as commerce ground to a virtual halt. But despite … Read More
Treasurer McRae: Mississippi’s Credit Rating is Secure
Treasurer David McRae today announced the State has reaffirmed its credit rating and outlook with Standard and Poor’s (AA/Stable), Moody’s Investors Service, Inc. (Aa2/Stable), and Fitch Ratings (AA/Stable). “I am incredibly proud to report that even amid the economic chaos of 2020 Mississippi is well positioned to get our bills paid on time,” said McRae. “Because of our strong budgetary … Read More
State Treasurer Returns $31k in Unclaimed Property to Jackson State University
Treasurer David McRae today presented Jackson State University with a check for more than $31,000 after the State Treasury found unclaimed property in the school’s name. This adds to the $9 million found and returned since McRae took office in January, $4.8 million of which was returned during the COVID-19 crisis. “Returning unclaimed property is one way the State Treasury … Read More
A Big Week at the Treasury
Last week was a big one at the Treasury. Here’s what happened… First, we returned Unclaimed Property to Make-a-Wish Mississippi. More than 160 Mississippi kids are waiting for their wishes to be granted. I’m grateful we could play at least a small role in making these wishes come true by finding and returning money to this exceptional organization from unclaimed property. … Read More