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we are in it for the long term

We help state and municipal financial leaders leverage their influence to deliver economic opportunity, inclusive growth, sustainable investment stewardship, and responsible fiscal stewardship. 

FTLT financial officers warn of SpaceX governance risk

The Council of Institutional Investors and 16 of the association’s asset owner members penned a letter to SpaceX’s management highlighting their concerns about governance provisions, including its proposed share class structure, in the companies’ upcoming initial public offering.

-Matt Toledo / Chief Investment Officer

Maryland Comptroller Brooke Lierman publishes analysis on the impact of federal cuts on the state's economy

Report highlights job losses, economic risks, and county-level impacts across

Maryland

-News release from the Office of the Comptroller of Maryland

Vermont Treasurer Mike Pieciak invests in affordable housing as part of 10% in VT program

Treasurer Pieciak posted on Facebook: When we rise to the moment, we can make real progress on Vermont’s greatest challenges 🏠

I’m proud that my office has invested millions from our 10% in VT program to alleviate Burlington’s housing shortage. 

It’s part of the $130 million we’ve put to work, jumpstarting thousands of new units across the state, creating jobs, and sparking economic growth—all without requiring Vermonters to pay a dime more in taxes.

Connecticut Treasurer Erick Russell announces transportation bond sale

Hartford, CT – Connecticut State Treasurer Erick Russell today announced the results of a successful State of Connecticut Special Tax Obligation (STO) Transportation Infrastructure Refunding bond sale.

The 2026 Series A bonds (the “Bonds”) will refinance STO bonds issued in 2016.  The bond sale generated $492 million in proceeds which, together with $48 million in reserve funds released from the 2016 bonds enabled by the new STO Bond Indenture implemented in 2024, will produce $110 million in savings for taxpayers over the next 10 years.

-Office of the Connecticut State Treasurer

Illinois Treasurer Michael Frerichs announces new grants to address hunger as Washington cuts food security programs

Illinois State Treasurer Michael Frerichs today announced a new grant program to help volunteer groups battling hunger and food insecurity in the wake of federal government cuts to critical food programs.

Illinois State Treasurer's Office News Releases

Massachusetts Treasurer Deborah Goldberg recognizes winners of the My Ideal School Contest

Massachusetts State Treasury posted on Facebook: Treasurer Goldberg joined this year’s winners of the MSBA My Ideal School Contest at the State House to celebrate their creativity and imagination for the future of education. Held in partnership with M&T Bank, the contest encourages first grade students to share their vision for their dream school. Congratulations to these talented students!

For The Long Term is a 501(c)(3) nonprofit charity, and as such all donations are tax deductible to the fullest extent allowable by the IRS. For giving through Donor Advised Funds, please use your preferred DAF provider (or reach out to us for advice). Please contact daf@forthelongterm.org with any questions. Our EIN is 85-3008040
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