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Marion mayor seeking GOP nod for Indiana treasurer

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Former Olympic figure skater and Marion Mayor Wayne Seybold announced Tuesday he is running for Indiana treasurer.

Seybold said he would seek the Republican nomination for the office primarily concerned with state investments and pensions. He touted his work as mayor and said he would work to coordinate more with local officials if elected.

"The way we continue to strengthen Indiana and, again, move it from good to great, is by building and making sure that our local governments are strong," Seybold said.

Current GOP state Treasurer Richard Mourdock is term-limited from seeking re-election. Mourdock's comments during last year's U.S. Senate race about rape and abortion sunk his campaign and evolved into a cautionary tale for Republicans nationwide. Seybold said he has not yet sought Mourdock's endorsement.

Seybold skated in the 1988 Olympics with his sister and is in his third term as Marion's mayor. Seybold also lost in a crowded Republican primary last year for the 5th District congressional seat representing central Indiana. He touted his work turning around the city's finances upon taking office in 2003, and said he would bring that same focus to the treasurer's office. But Marion is mired in a new round of financial troubles, a fact Indiana Democrats quickly seized on.

"Mayor Seybold lost a Congressional bid last year and has run his city's finances into the ground," Democratic Chairman John Zody said in a statement. "We hope he and others who might be interested in running for this office will pledge to fulfill the duties of the office, not make it a political stepping stone at taxpayer expense."

The three-term mayor has had to borrow money this year to pay off operating expenses and city vendors and has fought with the city council to borrow more money, according to reports in The Chronicle-Tribune of Marion.

On the political front, Seybold has already secured the support of several leading Republicans, including Dan Dumezich and Bob Grand, the Indiana co-chairmen of Mitt Romney's 2012 campaign. But unlike primary battles, which require more money, the party's treasurer battle will be fought at next year's Republican convention, should any other candidates enter the ring.

Other top lawmakers, Republican party officials and Statehouse lobbyists have signed on with Seybold, including former U.S. Rep. Dan Burton and former Republican Party chairmen Murray Clark, Rex Early, and Mike McDaniel.

No Democrats have yet emerged to run for treasurer.

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  • Qualifications?
    What qualifies Seybold to be Indiana treasurer? What is his education level?

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    1. to mention the rest of Molly's experience- she served as Communications Director for the Indianapolis Department of Public Works and also did communications for the state. She's incredibly qualified for this role and has a real love for Indianapolis and Indiana. Best of luck to her!

    2. Shall we not demand the same scrutiny for law schools, med schools, heaven forbid, business schools, etc.? How many law school grads are servers? How many business start ups fail and how many business grads get low paying jobs because there are so few high paying positions available? Why does our legislature continue to demean public schools and give taxpayer dollars to charters and private schools, ($171 million last year), rather than investing in our community schools? We are on a course of disaster regarding our public school attitudes unless we change our thinking in a short time.

    3. I agree with the other reader's comment about the chunky tomato soup. I found myself wanting a breadstick to dip into it. It tasted more like a marinara sauce; I couldn't eat it as a soup. In general, I liked the place... but doubt that I'll frequent it once the novelty wears off.

    4. The Indiana toll road used to have some of the cleanest bathrooms you could find on the road. After the lease they went downhill quickly. While not the grossest you'll see, they hover a bit below average. Am not sure if this is indicative of the entire deal or merely a portion of it. But the goals of anyone taking over the lease will always be at odds. The fewer repairs they make, the more money they earn since they have a virtual monopoly on travel from Cleveland to Chicago. So they only comply to satisfy the rules. It's hard to hand public works over to private enterprise. The incentives are misaligned. In true competition, you'd have multiple roads, each build by different companies motivated to make theirs more attractive. Working to attract customers is very different than working to maximize profit on people who have no choice but to choose your road. Of course, we all know two roads would be even more ridiculous.

    5. The State is in a perfect position. The consortium overpaid for leasing the toll road. Good for the State. The money they paid is being used across the State to upgrade roads and bridges and employ people at at time most of the country is scrambling to fund basic repairs. Good for the State. Indiana taxpayers are no longer subsidizing the toll roads to the tune of millions a year as we had for the last 20 years because the legislature did not have the guts to raise tolls. Good for the State. If the consortium fails, they either find another operator, acceptable to the State, to buy them out or the road gets turned back over to the State and we keep the Billions. Good for the State. Pat Bauer is no longer the Majority or Minority Leader of the House. Good for the State. Anyway you look at this, the State received billions of dollars for an assett the taxpayers were subsidizing, the State does not have to pay to maintain the road for 70 years. I am having trouble seeing the downside.

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