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Accomplishments
Created the "Idaho Prime" rate loan program where Idaho small businesses have access to capital at prime
rate. Ron received a national award from the U.S. Small Business Administration for this innovative program.
Implemented and chairs the Idaho College Savings 529 Plan known as "IDeal". This program allows Idahoans
to deduct monies set aside for college expenses from their tax return.
Established a long term fund known as the
Diversified Bond Fund
to achieve better returns for participating state agencies and local units of government.
Hosted the
Idaho Smart Women, Smart Money Conference
10 times with over 16,000 women receiving money management tips. These seminars, paid for with private dollars raised from
the community, featured Debbie Reynolds. Naomi Judd, Dixie Carter, Lucy Arnaz, and Vicki Lawrence and taught women how to
save, invest and plan for their future.
Started an internet auction known as
Bid Idaho
for Certificates of Deposit placed in Idaho banks. This unique program provides an opportunity for Idaho banks to bid online
for state monies, resulting in higher earnings for the state.
Introduced the
Idaho Bond Bank Authority
allowing Idaho municipalities to join together and gain access to the capital markets for their public purpose borrowing
needs. This saves Idaho municipalities from paying exorbitant access fees which results in significant cost savings to the
property tax payers in Idaho.
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