Tishaura Jones

Treasurer

St. Louis, MO

Tishaura Jones is the first woman to hold the office of Treasurer. She is the chief investment and cash management officer of the city and also oversees and manages the city’s parking division.   Since becoming Treasurer, Tishaura has increased transparency in city government, streamlined and modernized the parking division, improved returns on the city’s investments, increased the overall financial health of city residents by reducing the number of unbanked households, and started a citywide children’s savings program. Prior to becoming Treasurer, Tishaura was a Missouri State Representative from 2008-2012 and was the first African American and First Female Assistant Minority Floor Leader.  

Born in St. Louis, Tishaura has a Bachelor’s degree in Finance from Hampton University, a Bachelor’s degree in Finance from Hampton University, Master’s degree in Health Administration from the Saint Louis University School of Public Health, and is a graduate of the Executives in State and Local Government program at Harvard University’s Kennedy School of Government.    

Pro-Growth Progressive Ideas Shared

Problem

In our modern economy, a college degree is still the primary way that children can become self-sufficient and contributing adults. Unfortunately for many students -- especially in low-income areas -- lack of sufficient savings for college has been a barrier to higher educational attainment, limiting opportunities for future economic success.

Solution

Treasurer Jones is proposing to provide each child entering Kindergarten in a public school in St. Louis a seed account with $50, which they would have the chance to build upon via financial incentives for good grades, perfect attendance, and family participation in a financial wellness program. Studies show that kids with savings accounts are more likely to enroll in and graduate from college, and therefore become meaningful contributors to the economy. Children's Savings Accounts (CSAs) also have the capacity to change an entire family's mental, emotional, and economic health with spillover effects changing the family's spending and saving patterns.


Problem

Employees often do not have time or access to resources where they can learn important information related to their financial health. Better saving habits and financial literacy help citizens become more self-sufficient and has positive effects on the community through economic growth and higher educational attainment.

Solution

St. Louis Treasurer Tishaura Jones has initiated a Financial Wellness program for city employees by partnering with different financial institutions who deliver monthly financial workshops over lunch. Financial institutions are able to reach a broader audience and they can report their trainings as charitable activities. And employees get the information they need to improve their financial management and saving habits.


Problem

Employees often do not have time or access to resources where they can learn important information related to their financial health. Better saving habits and financial literacy help citizens become more self-sufficient and has positive effects on the community through economic growth and higher educational attainment.

Solution

St. Louis Treasurer Tishaura Jones has initiated a Financial Wellness program for city employees by partnering with different financial institutions who deliver monthly financial workshops over lunch. Financial institutions are able to reach a broader audience and they can report their trainings as charitable activities. And employees get the information they need to improve their financial management and saving habits.