State Treasurer at Virginia Department of the Treasury
Employing Organization
Team
Decision makers at Virginia Department of the Treasury
Administrative Services Manager
Chief Information Officer
Chief Investment Officer
Deputy State Treasurer
Director of Cash Management and Investments
Key decision makers in the same organization
Organization Signals
Board meetings, strategic plans, and buyer signals from David Lee Richardson’s organization
This document outlines the strategic direction for the Virginia Department of the Treasury for the period of 2024-2026.
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The Treasury Board meeting included the approval of financing for the Old Dominion University Real Estate Foundation, as well as presentations by investment managers regarding portfolio performance. Resolutions were passed for the transfer of the Virginia Foundation for Healthy Youth Endowment to the Virginia Tobacco Settlement Fund and for the issuance and sale of Commonwealth of Virginia Federal Transportation Grant Anticipation Revenue and Refunding Notes. Additionally, the Board reviewed investment reports, debt management schedules, and security for public deposits, and heard a presentation regarding the acquisition of student residential housing at Old Dominion University.
The meeting included the adoption of a resolution in recognition of James P. Carney for his service. The Board reviewed and approved plans of finance for Christopher Newport University Real Estate Foundation and the Commonwealth Transportation Board. Additionally, staff reports were presented regarding debt management, including updates on the debt calendar and equipment leasing programs, as well as investment reports for the general account and the local government investment pool. The meeting also addressed security for public deposits.
The Board discussed and authorized several bond and note issuances, including the Spring 2026 School Financing Bonds, Educational Technology Notes Series XXVI, School Security Equipment Notes Series XIV, and Special Obligation School Financing Bonds and Refunding Bonds for Stafford County. The Board also discussed potential future pool program applicants, readopted the policy regarding electronic participation in board meetings, and held elections for Fiscal Year 2027 officers. Additionally, the Board reviewed a news release regarding School Security Equipment Grants and received reports on the results and final financing summaries for several 2025 bond series.
Extracted from official board minutes, strategic plans, and video transcripts.
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