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Smart Money Choices is a free personal financial planning conference series for all Ohioans presented by Treasurer Josh Mandel, and supported by a variety of statewide and regional partners.

Thank you for your question.

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I believe government should serve the people. Feel free to contact my office if you have any questions we can assist in answering.

RECENT QUESTION

What is Smart Money Choices?
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Quick Poll

Recently the Treasurer of State implemented an electronic check processing system that saves taxpayer dollars and creates a more efficient process. Do you use online banking?


  

State Treasury Feed

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Treasurer’s Office Receives Third “Clean” Annual Audit in Three Years
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Ag-LINK

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ag-link brochureEvery year before the planting season, many Ohio farmers seek to finance their operating costs for feed, seed, fertilizer and fuel. Ag-LINK can help offset the impact of these up-front costs by providing an interest rate reduction on a farmer’s loan or line of credit with the Ohio Treasurer’s eligible banks and Farm Credit Lenders.


How does Ag-LINK work?

Through Ag-LINK, Ohio farmers can apply for an interest rate reduction on new or existing loans or lines of credit up to $150,000.  Applications are accepted on an annual basis from January through March. Lenders must complete and submit applications online on behalf of their borrowers at www.aglink.ohio.gov. If an eligible farmer’s application is accepted, the Ohio Treasurer’s office places an investment with the financial institution for one year (see sample application, actual application must be done online with at participating bank). In turn, the lender lowers the interest rate on the farmer’s loan according to the rate reduction established annually by the Treasurer’s office.   

Goal

Agriculture is one of Ohio’s most important industries. It employs one-in-seven Ohioans and pumps over $90 billion into our economy each year. It is important that Ohio farmers receive the help they need to offset the risks of rising fuel costs, unpredictable weather, and variable market prices.

How does Ag-Link help?

For over 28 years, Ag-LINK has been increasing opportunities for Ohio’s farmers to operate and thrive by offering a reduced interest rate on operating loans and credit lines. Since the beginning of Ag-LINK, more than 40,000 farmers have received over $2.8 billion in reduced-rate financing.

Interest Calculation Worksheet

This Excel Sheet is used by banks to calculate the amount of interest due to the Ohio Treasurer on the line of credit loans. The 2015 calculator will be added after the new rate has been set.
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Describe Yourself (check all that apply)

Office Of Debt Mgmt

The Office of Debt Management plays an important role in the operation of state government: it oversees the borrowing of funds to assure it is completed in an efficient manner.
    

SaveNOW

SaveNOW, a program offered by the State Treasurer through our linked deposit authority, offers a 3% bonus interest on savings accounts for Ohio citizens.
    

Smart Money Choices

A free personal financial-planning conference series for all Ohioans presented by State Treasurer Josh Mandel, and supported by a variety of statewide and regional partners.
    

Top-Bottom Review 2011

Review Outlines Steps to Improve Operations, Safeguard Investments, Leverage Technology, Increase Transparency and Modernize Banking Practices
    

e-Funds Transfer

Electronic Funds Transfers makes tax payments easy. Entities that have received a notice from the Ohio Department of Taxation can register for electronic payment via the website.
    

Veteran's Preference

Veteran’s Preference provides veterans with priority to be accepted into the GrowNOW and Ag-LINK linked-deposit programs.
    

GrowNOW

A partnership between eligible banks and the Ohio Treasury, enables small business owners to receive a 3% interest rate reduction on small business loans for two years with the opportunity for renewal
    

Renew & Rebuild Ohio

Small business owners, farmers and homeowners are eligible to receive financial assistance to rebuild and recover following an emergency.
    

Ag-LINK

A program for farms to receive an interest rate reduction on new or existing loans or lines of credit up to $150,000. Applications are accepted on an annual basis from January through March.
    

CPIM

The Center for Public Investment Management (CPIM) provides continuing education to Ohio’s public funds managers and their oversight authorities.
    

CPIM Conference: Bowling

The CPIM (Center for Public Funds Managers) Academy allows public funds managers to increase their financial competencies in managing and safeguarding Ohio’s tax dollars.
    

CPIM Akron

The CPIM (Center for Public Funds Managers) Academy allows public funds managers to increase their financial competencies in managing and safeguarding Ohio’s tax dollars.
    

CPIM Dayton

The CPIM (Center for Public Funds Managers) Academy allows public funds managers to increase their financial competencies in managing and safeguarding Ohio’s tax dollars.
    

CPIM Columbus

The CPIM (Center for Public Funds Managers) Academy allows public funds managers to increase their financial competencies in managing and safeguarding Ohio’s tax dollars.
    

ECO-Link

A partnership between the State Treasurer and participating banks that provides a 3% interest rate reduction for 5 or 7 years on bank loans when completing energy-efficient upgrades to your home.