Franchot Sworn-In as Third-Ever Maryland Comptroller to Serve Th - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

Franchot Sworn-In as Third-Ever Maryland Comptroller to Serve Three Consecutive Terms

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Gov. Larry Hogan administers the Oath of Office to Comptroller Peter Franchot in the House Chamber of the Maryland State House as his wife Annie, their daughter Abbe and her husband Dan Borok, and Secretary of State John C. Wobensmith look on. Gov. Larry Hogan administers the Oath of Office to Comptroller Peter Franchot in the House Chamber of the Maryland State House as his wife Annie, their daughter Abbe and her husband Dan Borok, and Secretary of State John C. Wobensmith look on.

ANNAPOLIS, Md. Surrounded by his wife and family, Comptroller Peter Franchot was sworn into his third term of office Monday by Governor Larry Hogan, joining Louis L. Goldstein, J. Millard Tawes and William S. Gordy Jr., as only the fourth Comptroller in state history to serve three terms and only the third to serve them consecutively.

After being sworn-in, the Comptroller thanked those in attendance and went on to acknowledge Maryland's working families, small business owners, law enforcement officers, watermen, coal miners and farmers, without whom he “wouldn't have a job.”

“Thank you for pouring your heart and soul into our state, for never giving up despite the adversity you faced, and for trusting me with your hard-earned money,” he said, echoing a line from his past campaign, “As long as I'm Comptroller, I'll never forget that it's your money.”

Franchot's remarks highlighted three reforms: economic, fiscal and political.

The Comptroller's economic reforms focused on a multi-year moratorium on new or increased taxes or major regulatory changes: “We must restore a sense of certainty so families have enough financial security to spend disposable income and businesses have enough confidence to plan, hire and grow and we must reinstate old-fashioned customer service to every aspect of government.”

Referring to what he called, “fiscal responsibility with a purpose,” the Comptroller repudiated the mindset “where we measure support for an issue based on the dollars we spend rather than by the results we achieve.”

“Draconian cuts to critical programs do nothing more than harm, but so, too, does wasting our limited public dollars on programs that clearly don't work,” he continued.

A large portion of his speech was dedicated to the cause of reforming a procurement process he called broken. “I'll be calling for a series of reforms that won't cost Maryland taxpayers a dime, that won't require legislative action, but simply require a greater degree of commitment to transparency, competition and attentive management.”

During his eight years on the Maryland Board of Public Works, the Comptroller has voted on 15,000 contracts worth $80 billion. He said the Board often is presented with an unacceptable choice between agreeing to a bad deal for taxpayers or discontinuing a service they desperately need.

Franchot then called for reforming politics in Annapolis, starting with being honest about the state's fiscal and economic realities.

“The times require us to put the people whom we serve over the parties to which we belong,” Franchot said. “Our fiscal and economic challenges aren't Democratic problems or Republican problems. They're Maryland problems, and they require us to all come together as Marylanders to solve them.”

The day's celebration included leaders and citizens from throughout the state, including: Speaker of the House of Delegates Michael E. Busch; Ocean City Mayor Richard Meehan; Montgomery County Sheriff's Office Honor Guard; Suitland's Bishop John A. Cherry II of From the Heart Church Ministries Worldwide; College Park's Rabbi Ari Israel, executive director of Maryland Hillel; and students Elizabeth Southworth of Middleborough Elementary, Hannah Gill of St. Michaels High and Mya J. Perkins of St. Charles High.

Additional guest speakers included Sen. George C. Edwards (Allegany, Garrett and Washington County); Del. Curt S. Anderson (Baltimore City); Baltimore County Council Chairwoman Vicki Almond and Anne Arundel County Sheriff Ron S. Bateman.

Special guests included former Gov. Marvin Mandel and Gov. Harry Roe Hughes, 56th and 57th governors respectively, Lt. Gov. Boyd Rutherford, Treasurer Nancy K. Kopp and Attorney General Brian E. Frosh.

View the Comptroller's full speech.

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