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Leadership
Leadership
Treasury leaders today are champions for a better tomorrow.
At Treasury we recognize that our employees make Treasury a special place to work. Valuing our workforce is why we have committed to an inclusive environment with diverse perspectives, and why we cultivate employee recruitment, retention, development and leadership.
This commitment permeates all levels of Treasury. Each of our senior leaders is a champion of one of our Employee Resource Groups. These champions ensure that communication and continuous improvement are at the forefront of what we do; they embody Treasury values and offer opportunities for mentorship.
VIEW Treasury’s Core Program and Leadership Areas:
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Executive Office
- Bureau of Lean Innovation and Improvement applies various process improvements and techniques to successfully implement change, inclusion and diversity.
- Office of Communications produces and oversees all internal and external Treasury communications while employing innovative strategies, tactics and deliverables for online and print media.
- Bureau of Budget and Information Technology Management develops, controls and monitors all phases of the budget process. Confirms oversight and direction of all Information Technology projects and critical modernization initiatives and is responsible for safeguarding customer information and ensuring compliance with a variety of security standards.
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Financial and Administrative Services
- Acts as the state of Michigan’s cashier for payments, managing about $95.1 billion in receipts every year.
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Investments
- Oversees a broadly diversified portfolio of state of Michigan investments that total nearly $118 billion.
- Helps raise funds for the State of Michigan Retirement Systems, with more than 530,000 state and teacher pension participants.
- Manages other state investments – like the Michigan Natural Resources Trust Fund, which provides funding for outdoor recreation in local communities throughout the state.
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Office of Postsecondary Financial Planning
- Works to make college accessible, affordable, and achievable for every student in Michigan.
- Holds outreach tours around the state of Michigan to provide college financing information to prospective college students.
- Supports the Michigan Department of Labor and Economic Opportunity in Futures for Frontliners scholarship program.
- Home to the Michigan Education Trust (MET), Michigan Education Savings Plan (MESP) and Michigan Achieving a Better Life Experience
(MiABLE).
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Revenue Services
- Provides optimal taxpayer service for both individuals and businesses.
- Oversees processing of more than 8 million individual and business tax returns every year, providing $1.9 billion in individual income tax refunds.
- Ensures compliance with state of Michigan tax laws while concurrently providing customer service by effectively managing the Taxpayer Bill of Rights.
- Acts as the centralized collection agency for all overdue assessed taxes and delinquent non-tax debts owed to state agencies.
Some major tax areas include:
- City of Detroit Taxes (Individual and Business) Corporate Income Tax
- Individual Income Tax
- Marijuana Excise Tax
- Michigan Business Tax
- Motor Fuel Taxes
- Sales, Use and Withholding Taxes
- Tobacco Tax
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State and Local Finance
- Assists more than 1,850 local units of government – like counties, cities, villages and townships, among others – in the administration of specific taxes, tax exemptions and retirement monies.
- Implements and enforces state laws relating to local taxation, local audits, retirement and other post-employment benefits, local finance, and preserves the credit of the state.
- Provides early warning and technical assistance regarding the finances of Michigan schools.
- Manages state bonding for environment and building programs, as well as other state finance programs.
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Tax Policy
- Develops, supports, and influences tax policy alongside the State Treasurer, State Budget Director and the Governor.
- Provides legal research, policy position development, analysis of legislation and support for tax litigation efforts for the state Treasury Department.
- Prepares official Michigan economic and revenue forecasts, which are used to formulate the administration’s tax and budget policy.
- Manages statutory state revenue sharing appropriated by the state legislature.