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6/20/2019

Statement from Ohio Treasurer Robert Sprague

COLUMBUSOhio Treasurer Robert Sprague has released the following statement regarding the Senate passage of House Bill 166, the biennial budget bill. The Senate-passed version of the budget includes language to establish the ResultsOHIO pay for success fund in the Ohio Treasurer’s office. The statement can be attributed to Treasurer Sprague:

“I applaud President Obhof and the Ohio Senate for passing a budget bill that would create the ResultsOHIO fund. I also would like to thank Senator Steve Wilson for his hard work in helping us move this proposal forward. 

“With crises like addiction, infant mortality and others plaguing our state, now is the time to focus on producing results for the people of Ohio. ResultsOHIO will do just that by turning to the private sector for innovative solutions.

“Not only will ResultsOHIO help produce better outcomes for Ohioans, it will ensure state resources are directed to programs that actually work. I look forward to working with the Conference Committee as they finalize the state’s biennial budget.”

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Robert Sprague became Ohio’s 49th Treasurer of State on January 14, 2019, bringing to the office his extensive experience working on financial matters in both the public and private sectors. Under Treasurer Sprague’s direction, the office manages the state’s $20 billion investment and $10 billion debt portfolios, collects and deposits all state revenues, and oversees custodial assets. 

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