Governor Jack Markell as State Treasurer (1999-2009)
As State Treasurer, Governor Markell worked tirelessly to improve the lives of Delawareans through innovative programs aimed at cutting spending and improving individual fiscal responsibility. He has been recognized in Delaware and across the country as a leader in promoting policies to help all people achieve their economic potential.
Governor Markell was elected State Treasurer in 1998, a position he held for three consecutive terms; winning his last re-election in November of 2006 with an overwhelming 70 percent of the vote before being elected Governor in November of 2008.
In the Treasurer's office, Markell:
- Developed innovative programs aimed at cutting spending and improving individual fiscal responsibility.
- Saved more than $25 million (2002-2008) by instituting bulk purchasing policies.
- Helped created "Health Rewards" to improve the health care of state employees and reduce costs through comprehensive physical exams. For this, he was recognized by The Council of State Governments with a prestigious Innovation Award.
- Earned second Innovation Award for "The Delaware Money School," a program created to increase financial literacy through classes on topics such as saving for college and retirement planning.
- Created the Consumer Tool Chest to help seniors prepare for retirement.
- Promoted awareness of the federal Earned Income Tax Credit (EITC), bringing more than $17 million into the pockets of working Delawareans.