Race for Treasurer in Del. One of Most Hotly Contested This Year - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

Race for Treasurer in Del. One of Most Hotly Contested This Year

Posted:
DOVER, Del. (WBOC) - Perhaps one of the most contentious political races in Delaware this year is the race for state treasurer.

Incumbent Democrat Chip Flowers is facing off against Gov. Jack Markell's former policy director, Sean Barney, in a primary this summer. The winner will likely face Republican businessman Ken Simpler.

There has been a lot more public attention on the treasurer's office over the past than is normal for Delaware. That's due to a state credit scandal involving the deputy treasurer and a dispute between the treasurer and lawmakers.

Still, Flowers points to his accomplishments during his three years in office as the reason voters should re-elect him.

"I've made over $45 million since I've been in office," he said. "We've had positive returns 31 out of 38 months and White House recognition for many of our innovative programs, especially in financial education."

But the other men seeking his job see that $40+ million dollars differently. Both say it's not that much.

"Frankly, when you have $2 billion to invest, making $44 million over the course of three years is no Herculean feat," said Simpler.

"The returns the state has gotten on its cash amounts to less than one-percent on an annualized basis," Barney said. "It's quite low by historical standards."

Flowers questions their math.

"Only about $650-$850 million is invested long-term. So, that's a much higher rate of return," the treasurer said.

Simpler says he's the candidate in this race who would bring the most useful experiences to the position.

"It's one part money manager and one part managing a finance office that collects and disperses all the receipts we have in the state of Delaware," he said. "That's what I've done for 20 years. Sean and Chip are equally inexperienced in financial matters."

Barney says he'd be a different kind of treasurer for Delawareans than his primary opponent chip Flowers.

"They deserve a leader who takes seriously the first responsibility of the treasurer's office, which is to protect the integrity of taxpayer resources, to safeguard those resources against abuse," he said. "They deserve a leader who is less interested in grandstanding than in getting things done."

During the past year, Flowers has sparred with lawmakers in Dover over the balance between the treasurer and the state's Cash Management Policy Board when it comes to investing the state's money. Flowers didn't have a ton of success in that fight - though he sees it in positive terms anyway.

"We stood up to the system. I'm very proud. Change is difficult."

And Flowers says he'll continue to stand up if re-elected.

Delaware's primary election is in September.

*Editor's note - Ken Simpler sits on the board of directors for the company that owns WBOC.

CANDIDATE PROFILES

Name: Chip Flowers
Party: Democrat
Age: 39
Address: 121 Betsy Rawls Dr., The Legends, Middletown, DE
Education: Penn, Georgetown (JD), Harvard (MPA)
Job: State Treasurer
Political Experience: One term as treasurer

Name: Sean Barney
Party: Democrat
Age: 39
Address: PO Box 25189, Wilmington, DE
Education: Swarthmore, Yale (JD), Harvard (MPA)
Job: Former policy director for Gov. Markell
Political Experience: Sen. Carper senior aide, Gov. Markell policy director, US Marine Corps (wounded in Iraq)

Name: Ken Simpler
Party: Republican
Age: 46
Address PO Box 9233, Newark, DE 19714
Education: Princeton, Chicago (JD, MBA)
Job: Owner of Seaboard Hotels, Board of Directors for WBOC parent company
Political Experience: None
  • Delmarvawide NewsDelmarvawide NewsMore>>

  • Downtown Tree Lighting Excites Community

    Downtown Tree Lighting Excites Community

    11/17/2017 23:38:00 -05:002017-11-18 04:38:00 GMT
    Friday, November 17 2017 11:45 PM EST2017-11-18 04:45:07 GMT
    Downtown Salisbury Tree Lighting CeremonyDowntown Salisbury Tree Lighting Ceremony
    SALISBURY, Md.- Downtown Salisbury flipped the switch on Friday night, lighting up their 18-foot Christmas tree and 5-foot menorah for the holiday season. With the excitement of this first holiday event many community members said even though it isnMore
    Downtown Salisbury flipped the switch on Friday night, lighting up their 18-foot Christmas tree and 5-foot menorah for the holiday season.More
  • Hearing in Delaware Prison Lawsuit Postponed

    Hearing in Delaware Prison Lawsuit Postponed

    11/17/2017 19:27:00 -05:002017-11-18 00:27:00 GMT
    Friday, November 17 2017 7:27 PM EST2017-11-18 00:27:47 GMT
    The James T. Vaughn Correctional Center in Smyrna, Del. (Photo: WBOC)The James T. Vaughn Correctional Center in Smyrna, Del. (Photo: WBOC)
    DOVER, Del. (AP) - A judge has granted a request by lawyers for Delaware to delay a hearing in a federal lawsuit filed against the state in a deadly prison siege.U.S. District Judge Richard Andrews granted the request Friday, according to court records.More
    DOVER, Del. (AP) - A judge has granted a request by lawyers for Delaware to delay a hearing in a federal lawsuit filed against the state in a deadly prison siege.U.S. District Judge Richard Andrews granted the request Friday, according to court records.More
  • New Report Finds Industrial Facilities Violating Pollution Permits, Harming Bay

    New Report Finds Industrial Facilities Violating Pollution Permits, Harming Bay

    11/17/2017 19:10:00 -05:002017-11-18 00:10:00 GMT
    Friday, November 17 2017 7:10 PM EST2017-11-18 00:10:32 GMT
    From the sewer to the ocean and everything in between, environmentalists say stormwater pollution is draining the health of the Chesapeake Bay.
    It's a problem that isn't getting better.
    More
    From the sewer to the ocean and everything in between, environmentalists say stormwater pollution is draining the health of the Chesapeake Bay.
    It's a problem that isn't getting better.
    More
  • Most Popular StoriesMost Popular StoriesMore>>

  • Parkside High School Teacher Back Behind Bars

    Parkside High School Teacher Back Behind Bars

    11/17/2017 17:29:00 -05:002017-11-17 22:29:00 GMT
    Friday, November 17 2017 5:29 PM EST2017-11-17 22:29:39 GMT
    Monica W. SneeMonica W. Snee
    The Wicomico County Sheriff's Office says the Parkside High School teacher arrested earlier this week in connection to a drug investigation is back behind bars.More
    The Wicomico County Sheriff's Office says the Parkside High School teacher arrested earlier this week in connection to a drug investigation is back behind bars.More
  • Six Arrested in Seaford Prostitution Sting

    Six Arrested in Seaford Prostitution Sting

    11/16/2017 13:46:00 -05:002017-11-16 18:46:00 GMT
    Friday, November 17 2017 10:14 AM EST2017-11-17 15:14:25 GMT

    Police have uncovered a prostitution operation involving six suspects in the city of Seaford.

    More

    Police say an undercover prostitution sting led to the arrests of six men in Seaford, Delaware on Tuesday.

    More
  • Parkside High Student Tased During Arrest

    Parkside High Student Tased During Arrest

    11/17/2017 15:57:00 -05:002017-11-17 20:57:00 GMT
    Friday, November 17 2017 3:57 PM EST2017-11-17 20:57:05 GMT
    Parkside High School (Photo: WBOC)Parkside High School (Photo: WBOC)
    The Wicomico County Sheriff's Office reports a Parkside High School student was tased by police during a drug investigation.More
    The Wicomico County Sheriff's Office reports a Parkside High School student was tased by police during a drug investigation.More
  • Most Popular VideosMost Popular VideosMore>>

  • Milford Family Collecting Donations After Fire Destroys Home

    Milford Family Collecting Donations After Fire Destroys Home

    A Milford family is collecting donations after a fire destroyed their home Tuesday.

    Four generations of Julie Connelly's family lived in the home on South Washington Street in Milford, before a space heater caught fire and caused $100,000 in damage. 

    More

    A Milford family is collecting donations after a fire destroyed their home Tuesday.

    Four generations of Julie Connelly's family lived in the home on South Washington Street in Milford, before a space heater caught fire and caused $100,000 in damage. 

    More
  • Barn Fire at DSU Under Investigation

    Barn Fire at DSU Under Investigation

    A barn in back of the Delaware State University campus in Dover caught fire Thursday night, authorities said.

    According to the Dover Fire Department, the blaze was reported at 7:30 p.m. Thursday. It took firefighters from Dover, Cheswold, Little Creek, and Leipsic Fire Departments nearly two hours to get the two-alarm fire under control. Part of the 50-foot by 100-foot barn collapsed during the fire.

    More

    A barn in back of the Delaware State University campus in Dover caught fire Thursday night, authorities said.

    According to the Dover Fire Department, the blaze was reported at 7:30 p.m. Thursday. It took firefighters from Dover, Cheswold, Little Creek, and Leipsic Fire Departments nearly two hours to get the two-alarm fire under control. Part of the 50-foot by 100-foot barn collapsed during the fire.

    More
  • Ocean City Safety, Median Fence along Ocean City Coastal Highway Underway

    Ocean City Safety, Median Fence along Ocean City Coastal Highway Underway

    Work is underway to keep pedestrians safe along Coastal Highway. 

    Workers used construction machinery to remove landscaping from the media. They're preparing to install a 5-7 foot aluminum fence that will stretch from the convention center to 62nd street.

    Maryland State Highway Administration says their number one goal for this 7 million dollar project is pedestrian safety.

    More

    Work is underway to keep pedestrians safe along Coastal Highway. 

    Workers used construction machinery to remove landscaping from the media. They're preparing to install a 5-7 foot aluminum fence that will stretch from the convention center to 62nd street.

    Maryland State Highway Administration says their number one goal for this 7 million dollar project is pedestrian safety.

    More
Powered by Frankly

All content © Copyright 2000 - 2017 WBOC. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices