El Paso County Treasurer Mark Lowderman has been appointed as the County’s Public Trustee by Colorado Governor Jared Polis. As Public Trustee, Treasurer Lowderman will oversee an operation that serves County residents by protecting those who have borrowed money to buy property, as well as lienholders and lenders.
Treasurer Lowderman’s appointment became necessary because the previous Public Trustee, Thomas S. Mowle, resigned effective August 30.
“I’m looking forward to assuming the duties of Public Trustee,” said Lowderman. “The idea of joining the Public Trustee’s Office with the County Treasurer’s Office is a tremendous opportunity to streamline services and shrink government for the citizens of El Paso County. I will have the chance to better leverage existing resources to provide a better experience for those that need these services.”
For the time being, citizens can still use the same address and weekly sale services available through the Public Trustee’s Office. Eventually, the Public Trustee staff and operations will fully consolidate into the County Treasurer’s Office located at the Citizens Service Center building located at 1675 W. Garden of the Gods Road.
Treasurer Lowderman’s appointment represents an acceleration of an already planned merger of the El Paso County Public Trustee’s Office and the County Treasurer’s Office. In most of the state, County Treasurer’s already serve as the Public Trustee. However, in the state’s 10 largest counties, the Governor had the authority to appoint a Public Trustee to a four-year term. That changed this year when the legislature passed—and the Governor signed—House Bill 19-1295, which consolidated all Public Trustee operations into each county’s respective Treasurer’s Office.
The Public Trustee’s Office is funded solely through fees charged for services. Three employees will transfer over to the Treasurer’s Office, and all other functions will be completed by existing Treasury staff.
Treasurer’s Office Location:
1675 West Garden of the Gods Road, Suite 2100
Colorado Springs, CO 80907