Dan Schwartz, Republican candidate for Nevada State Treasurer visited at the Windmill Ridge in Alamo May 14.
A Las Vegas businessman, he is running against State Controller Democrat Kim Wallin and independent Kress Cave. State Treasure Kate Marshall is not running again due to term limits, and is running instead for Secretary of State.
Schwartz told a few handful of interested voters from Pahranagat Valley who turned out, that he is quite concerned the state Millennium Scholarship Fund has no built in accountability, which he would like to change.
An unsuccessful candidate for the U.S. House of Representatives, in Nevada’s new Congressional District IV in 2012, he has 35 years of financial and business experience, and also visited in Lincoln County in March.
The state treasurer race does not have a primary but goes directly to the general election in November.
Schwartz criticized opponent Kim Wallin for her statements that she will “continue the good work of the current treasurer and I don’t think there’s a lot of good work there.”
He explained, “We have a state general fund of $2 billion, and if you look at the return and look at inflation, she (Marshall), is losing money. She has made one $50 million fund that has made one $2 million dollar investment. She has taken in $200,000 and paid out $600,000 in fees.”
He said Wallin has claimed she will make the State Millennium Scholarship a priority, “but she stops there.”
Schwartz says he will refresh the scholarship so it doesn’t run out of money by 2018, but wants to see it be restructured as well, “to encourage the kids to finish the course they started following, instead of getting the money, go for awhile, then drop out.”