League of Women Voters of Ohio
Ohio State Government November 5, 2002 Election
	Mary O. Boyle Answers Questions Candidate for Treasurer of State; State of Ohio

The questions were prepared by the League of Women Voters of Ohio and asked of all candidates for this office.

Read the answers from all candidates.

Questions & Answers

1. What changes, if any, would you make to the way state funds are collected, invested, and distributed?

I propose an investment strategy based on competition. All investment, depository and financial advisory services should be competitively bid - it is the best and least expensive way to find high-quality financial services and keep costs low. Ohio law prohibits high-risk investments. But within those limits are various safe options. In the current economy, longer-term investments may offer a higher yield than shorter-term. When rates climb, shorter-term investments may look better. A recent comparative analysis by the Cleveland Plain Dealer documented that Ohio's returns are lagging behind other states and even some of Ohio's counties. I believe we can do better.

U.S. Senate: Total words in answer to the question may not exceed 100 words. The word limit must be observeds. Words over the limit will be cut off in published information.