Dr. Douglas B. Roberts
Michigan Department of Treasury
Dr. Douglas B. Roberts returned to the position of State Treasurer as of May 1, 2001. As State Treasurer, he directs a department with a broad range of responsibilities. His responsibilities include administration of the state’s tax system, all state government banking functions, regulation and oversight of local financial operations, and management of the investment of the state’s $50 billion pension system. In addition to the duties as State Treasurer, he is a Special Policy Advisor to Governor John Engler. Dr. Roberts previously held the position of State Treasurer from January 1991 to November 1998.
Beginning his career as a legislative staff aide, Dr. Roberts continued to make meaningful contributions to public policy as he moved between the legislative and executive branches of government. During his 28-year tenure in state government, he has brought his personal integrity to positions as both Deputy Director and Acting Director of the Department of Management and Budget, as Deputy Superintendent of Public Instruction, as Director of the Senate Fiscal Agency, and as State Treasurer.
As an economist, Dr. Roberts received his doctor’s and master’s degrees from Michigan State University. He received his undergraduate degree in business administration from the University of Maryland.
Dr. Roberts played a leading role in developing sweeping school finance reform in Michigan. Under Governor Engler’s leadership, Dr. Roberts authored the report Our Kids Deserve Better! which dramatically reformed the way public schools are financed in Michigan. Many of the proposals contained in this report were put into place with the passage of a constitutional amendment in March 1994.