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| Kay Ellen Ivey (born October 15, 1944) is the 38th Alabama State Treasurer. She is a Republican. Ivey defeated Stephen Black, grandson of former United States Supreme Court Justice Hugo Black, in the 2002 general election, by a margin of 52-48%. She was the first Republican to be elected State Treasurer since Reconstruction. In 2006, Ivey was re-elected by a 60-40% margin, gaining the most votes of any statewide Republican candidate that year, including Governor Bob Riley. Under the Alabama Constitution, Ivey will not be eligible to seek re-election to a third term in 2010. | |||
| On June 24, 2009, Ivey officially announced her candidacy for governor at a |
On June 24, 2009, Ivey officially announced her candidacy for governor at a series of events in Montgomery, Birmingham, Huntsville and Mobile, Alabama. | ||
| ⚫ | Ivey grew up in Camden, Alabama. She graduated from Auburn University, and worked in education, banking and government before winning her current post. She was Director of Government Affairs and Communications for the Alabama Commission on Higher Education from 1985 until 1998. | ||
| One of Ivey's duties as State Treasurer is administration of the state's Wallace-Folsom Prepaid Affordable College Tuition Program. Ivey has made a regular practice of extending deposit deadlines and otherwise improving access to the program. One of Ivey's duties as State Treasurer is administration of the state's Wallace-Folsom Prepaid Affordable College Tuition Program. Ivey has made a regular practice of extending deposit deadlines and otherwise improving access to the program. During the two years before Ivey took office as Treasurer, the program had -13.5% return in 2001 and -10.12% in 2002. The Wallace-Folsom PACT fund grew by +17.25% in 2003, +9.92% in 2004, +10.98% in 2005, +9.98% in 2006 and +15.48% in 2007. (9) | |||
| ⚫ | Ivey |
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| One of Ivey's duties as State Treasurer is administration of the state's Prepaid Affordable College Tuition Program. Ivey has made a regular practice of extending deposit deadlines and otherwise improving access to the program.<ref>"Prepaid Tuition Deadline Extended," ''The Montgomery Advertiser'', January 1, 2008, p. B1</ref> However, Ivey's 2006 opponent, Steve Segrest, criticized Ivey for delaying improvements until just before the 2006 election, and for not taking action regarding actuarial deficits in the tuition program.<ref>"Stewardship, College Funds Noted," ''The Montgomery Advertiser'', October 6, 2006, p. A7</ref> | |||
| In early 2008, Ivey was named a defendant in a lawsuit (by virtue of her position as State Treasurer) filed on behalf of property owners, who claimed that the State inflated property values for ] taxes by improperly excluding foreclosure sales from valuations.<ref>Property Tax Lawsuits Filed Across the State," ''Mobile Press-Register'', January 19, 2008, p. B5</ref> | |||
| == Notes == | == Notes == | ||
Revision as of 22:40, 4 January 2010
| Kay Ivey | |
|---|---|
| File:Kay Ivey-Alabama Treasurer.jpg(Photo courtesy Office of the State Treasurer) | |
| 38th Alabama State Treasurer | |
| In office 2003–Present | |
| Preceded by | Lucy Baxley (D) |
| Personal details | |
| Born | (1944-10-15) October 15, 1944 (age 80) Camden, Alabama, U.S. |
| Political party | Republican |
| Residence | Montgomery, Alabama |
| Occupation | Banker |
Kay Ellen Ivey (born October 15, 1944) is the 38th Alabama State Treasurer. She is a Republican. Ivey defeated Stephen Black, grandson of former United States Supreme Court Justice Hugo Black, in the 2002 general election, by a margin of 52-48%. She was the first Republican to be elected State Treasurer since Reconstruction. In 2006, Ivey was re-elected by a 60-40% margin, gaining the most votes of any statewide Republican candidate that year, including Governor Bob Riley. Under the Alabama Constitution, Ivey will not be eligible to seek re-election to a third term in 2010.
On June 24, 2009, Ivey officially announced her candidacy for governor at a series of events in Montgomery, Birmingham, Huntsville and Mobile, Alabama. Ivey grew up in Camden, Alabama. She graduated from Auburn University, and worked in education, banking and government before winning her current post. She was Director of Government Affairs and Communications for the Alabama Commission on Higher Education from 1985 until 1998.
One of Ivey's duties as State Treasurer is administration of the state's Wallace-Folsom Prepaid Affordable College Tuition Program. Ivey has made a regular practice of extending deposit deadlines and otherwise improving access to the program. One of Ivey's duties as State Treasurer is administration of the state's Wallace-Folsom Prepaid Affordable College Tuition Program. Ivey has made a regular practice of extending deposit deadlines and otherwise improving access to the program. During the two years before Ivey took office as Treasurer, the program had -13.5% return in 2001 and -10.12% in 2002. The Wallace-Folsom PACT fund grew by +17.25% in 2003, +9.92% in 2004, +10.98% in 2005, +9.98% in 2006 and +15.48% in 2007. (9)
Notes
External links
- Kay Ivey for Governor 2010
- Draft Kay Ivey for Alabama Governor
- Kay Ivey Biography at the Alabama Department of Archives and History
- Alabama State Treasury Official Website