State treasurer

Last updated

In the state governments of the United States, 48 of the 50 states have the executive position of treasurer. New York abolished the position in 1926; duties were transferred to New York State Comptroller. Texas abolished the position of Texas State Treasurer in 1996, transferring the duties of that office to the Texas Comptroller of Public Accounts.

Contents

The state treasurer serves as the chief custodian of each state's treasury and as the state's head banker. Typically, they receive and deposit state monies, manages investments, and keeps track of budget surpluses and deficits. The position has powers and responsibilities similar to those of the United States Secretary of the Treasury and the Treasurer of the United States, or the chief financial officer of a corporation.

Current state treasurers or equivalents

In most states, the position is a statewide elected office, usually a constitutional office (that is, provided for in the state constitution). In some states the position is appointed by the governor as a member of the governor's cabinet.

OfficeholderStatePartyAssumed officeNext electionTitle
Young Boozer Alabama Republican October 1, 20212026 Treasurer
Adam Crum Alaska UnknownNovember 16, 2022Appointed by GovernorRevenue Commissioner
Malemo Tausaga American Samoa UnknownJanuary 20, 2021Appointed by GovernorTreasurer
Kim Yee Arizona Republican January 7, 20192026 Treasurer
Larry Walther Arkansas Republican August 7, 20232024 (special) Treasurer
Fiona Ma California Democratic January 7, 20192026 Treasurer
Dave Young Colorado Democratic January 8, 20192026 Treasurer
Erick Russell Connecticut Democratic January 4, 20232026 Treasurer
Colleen Davis Delaware Democratic January 1, 20192026Treasurer
Glen Lee District of Columbia UnknownJune 28, 2022Appointed by MayorChief Financial Officer
Jimmy Patronis Florida Republican June 30, 20172026 Chief Financial Officer
Steve N. McCoy Georgia UnknownAugust 5, 2020Appointed by GovernorTreasurer
Marie Lizama
Acting
Guam UnknownNovember 26, 2023Appointed by GovernorDirector of Revenue and Tax
Luis Salaveria Hawaii UnknownDecember 5, 2022Appointed by GovernorDirector of Finance
Julie Ellsworth Idaho Republican January 6, 20192026Treasurer
Mike Frerichs Illinois Democratic January 12, 20152026 Treasurer
Dan Elliott Indiana Republican January 1, 20232026 Treasurer
Roby Smith Iowa Republican January 1, 20232026Treasurer
Steven Johnson Kansas Republican January 9, 20232026 Treasurer
Mark Metcalf Kentucky Republican January 1, 20242027 Treasurer
John Schroder Louisiana Republican November 18, 20172023 Treasurer
Henry Beck Maine Democratic January 2, 2019Elected by Legislature [1] Treasurer
Dereck Davis Maryland Democratic December 17, 2021Elected by Legislature [2] Treasurer
Deb Goldberg Massachusetts Democratic January 21, 20152026 Treasurer and Receiver-General
Rachael Eubanks Michigan UnknownJanuary 1, 2019Appointed by Governor Treasurer
Erin Campbell Minnesota UnknownAugust 15, 2023Appointed by GovernorCommissioner of Management and Budget
David McRae Mississippi Republican January 14, 20202023 Treasurer
Vivek Malek Missouri Republican January 17, 20232024 Treasurer
Brendan Beatty Montana UnknownJanuary 4, 2021Appointed by GovernorDirector of the Department of Revenue
Tom Briese Nebraska Republican November 1, 20232026Treasurer
Zach Conine Nevada Democratic January 7, 20192026 Treasurer
Monica Mezzapelle New Hampshire UnknownMarch 27, 2020
Acting: March 27, 2020 – December 2, 2020
Elected by Legislature [3] Treasurer
Liz Muoio New Jersey Democratic January 16, 2018Appointed by Governor Treasurer
Laura Montoya New Mexico Democratic January 1, 20232026 Treasurer
Thomas DiNapoli New York Democratic February 2, 20072026 Comptroller
Dale Folwell North Carolina Republican January 1, 20172024 Treasurer
Thomas Beadle North Dakota Republican January 1, 20212024 Treasurer
Tracy Norita Northern Mariana Islands UnknownFebruary 1, 2023Appointed by GovernorFinance Secretary
Robert Sprague Ohio Republican January 14, 20192026 Treasurer
Todd Russ Oklahoma Republican January 9, 20232026 Treasurer
Tobias Read Oregon Democratic January 3, 20172024 Treasurer
Stacy Garrity Pennsylvania Republican January 19, 20212024 Treasurer
Francisco Parés Puerto Rico UnknownJune 24, 2019Appointed by Governor Secretary of Treasury
James Diossa Rhode Island Democratic January 3, 20232026General Treasurer
Curtis Loftis South Carolina Republican January 12, 20112026 Treasurer
Josh Haeder South Dakota Republican January 5, 20192026Treasurer
David Lillard Tennessee Republican January 15, 2009Elected by Legislature [4] Treasurer
Glenn Hegar Texas Republican January 5, 20152026 Comptroller of Public Accounts
Marlo Oaks Utah Republican June 29, 20212024 Treasurer
Mike Pieciak Vermont Democratic January 5, 20232026 Treasurer
Kevin McCurdy
Acting
Virgin Islands UnknownJuly 18, 2023Appointed by GovernorCommissioner of Finance
David Richardson Virginia Independent June 2, 2022Appointed by Governor Treasurer
Mike Pellicciotti Washington Democratic January 13, 20212024 Treasurer
Riley Moore West Virginia Republican January 18, 20212024 Treasurer
John Leiber Wisconsin Republican January 3, 20232026 Treasurer
Curt Meier Wyoming Republican January 7, 20192026Treasurer

See also

Related Research Articles

<span class="mw-page-title-main">Treasurer</span> Person responsible for running the treasury of an organization

A treasurer is a person responsible for the financial operations of a government, business, or other organization.

<span class="mw-page-title-main">North Carolina State Auditor</span> Auditor of the U.S. state of North Carolina

The State Auditor of North Carolina is a statewide elected office in the U.S. state of North Carolina. The state auditor is a constitutional officer responsible for overseeing and reviewing the financial accounts of all state government agencies. The auditor also conducts performance audits of state agencies, ensures state agencies' accounting conforms with Generally Accepted Accounting Principles, evaluates the integrity of computer-generated information, and investigates the misuse of state funds or property. The incumbent is Jessica Holmes, who became state auditor on Dec. 16, 2023.

<span class="mw-page-title-main">Government of Maryland</span> State government of the United States

The government of Maryland is conducted according to the Maryland Constitution. The United States is a federation; consequently, the government of Maryland, like the other 49 state governments, has exclusive authority over matters that lie entirely within the state's borders, except as limited by the Constitution of the United States.

<span class="mw-page-title-main">Constitution of Texas</span> Principles, institutions and law of political governance in the U.S. state of Texas

The Constitution of the State of Texas is the document that establishes the structure and function of the government of the U.S. state of Texas, and enumerates the basic rights of the citizens of Texas.

<span class="mw-page-title-main">California State Treasurer</span> Position in state government

The state treasurer of California is a constitutional officer in the executive branch of the government of the U.S. state of California. Thirty-five individuals have held the office of state treasurer since statehood. The incumbent is Fiona Ma, a Democrat. The state treasurer's main office is located in the Jesse M. Unruh State Office Building in Sacramento.

<span class="mw-page-title-main">Minnesota State Auditor</span> Constitutional officer of Minnesota, United States

The state auditor of Minnesota is a constitutional officer in the executive branch of the U.S. state of Minnesota. Nineteen individuals have held the office of state auditor since statehood. The incumbent is Julie Blaha, a DFLer.

<span class="mw-page-title-main">Oklahoma State Treasurer</span>

The State Treasurer of Oklahoma is the chief custodian of Oklahoma’s cash deposits, monies from bond sales, and other securities and collateral and directs the investments of those assets. The treasurer provides for the safe and efficient operation of state government through effective banking, investment, and cash management. The state treasurer has the powers of a typical chief financial officer for a corporation.

<span class="mw-page-title-main">Government of Oklahoma</span> Government of the U.S. state of Oklahoma

The government of the U.S. State of Oklahoma, established by the Oklahoma Constitution, is a republican democracy modeled after the federal government of the United States. The state government has three branches: the executive, legislative, and judicial. Through a system of separation of powers or "checks and balances," each of these branches has some authority to act on its own, some authority to regulate the other two branches, and has some of its own authority, in turn, regulated by the other branches.

<span class="mw-page-title-main">State auditor</span> Executive officer of a U.S. state

State auditors are fiscal officers lodged in the executive or legislative branches of U.S. state governments who serve as external auditors, financial controllers, bookkeepers, or inspectors general of public funds. The office of state auditor may be a creature of the state constitution or one created by statutory law.

<span class="mw-page-title-main">Government of Tennessee</span>

The Government of Tennessee is organized under the provisions of the 1870 Constitution of Tennessee, first adopted in 1796. As set forth by the state constitution, administrative influence in Tennessee is divided among three branches of government: executive, legislative, and judicial.

<span class="mw-page-title-main">Illinois Comptroller</span> U.S. state constitutional officer position

The Comptroller of Illinois is a constitutional officer in the executive branch of government of the U.S. state of Illinois. Ten individuals have held the office of Comptroller since the enactment of the Illinois Constitution of 1970, replacing the prior office of Auditor of Public Accounts that was first created in 1799. The incumbent is Susana Mendoza, a Democrat.

<span class="mw-page-title-main">Illinois Treasurer</span> Elected official

The Treasurer of Illinois is an elected official of the U.S. state of Illinois. The office was created by the Constitution of Illinois.

The Indiana Auditor of State is a constitutional officer in the executive branch of government of the U.S. state of Indiana. Fifty-seven individuals have occupied the office of auditor of state since statehood. The incumbent is Elise Nieshalla, a Republican.

The Indiana Treasurer of State is a constitutional and elected office in the executive branch of the government of Indiana. The treasurer is responsible for managing the finances of the U.S. state of Indiana. The position was filled by appointment from 1816 until the adoption of the new Constitution of Indiana in 1851, which made the position filled by election. As of 2023, there have been fifty-five treasurers. The incumbent is Republican Dan Elliott who has served in the position since January 9, 2023.

<span class="mw-page-title-main">Texas Comptroller of Public Accounts</span> Financial officer of the executive branch of the U.S. state of Texas

The Texas Comptroller of Public Accounts is an executive branch position created by the Texas Constitution. The comptroller is popularly elected every four years, and is primarily tasked with collecting all state tax revenue and estimating the amount of revenue that the Texas Legislature can spend each biennium. The current comptroller is Glenn Hegar, who took office on January 2, 2015.

Texas State Treasurer was an elected constitutional officer in the executive branch of the state government of Texas, responsible for overseeing the financial operations of state government. The position was established in the Constitution of 1876. It was abolished in 1996.

<span class="mw-page-title-main">Lieutenant governor (United States)</span> State government official, typically second highest officer after the governor

A lieutenant governor is an official in state governments of 45 out of 50 of the United States. In most cases, the lieutenant governor is the highest officer of state after the governor, standing in for that officer when they are absent from the state or temporarily incapacitated. In the event a governor dies, resigns or is removed from office, the lieutenant governor typically becomes governor.

The Government Finance Officers Association of Texas is a professional association of state, county, and local government finance officers in Texas. The Government Finance Officers Association of Texas is the statewide organization serving all Texas municipal finance professionals, an affiliate of the nationwide Government Finance Officers Association (GFOA). Membership is open to anyone in the State of Texas actively engaged in government finance in any city, county, or special district. Its stated mission is to enhance the quality of local government finance, to assist and support local government finance professionals in Texas, and to promote the public service profession. GFOAT members are actively involved in the key issues facing cities, counties, and special districts in the State of Texas.

In the United States, each state and territory has constitutional officers who lead the state governments of the United States. These officers may be elected or appointed, depending on the position. The number and powers of state constitutional officers varies from state to state, based on the constitution and statutes of each state. State constitutional officers may reside in the executive or legislative branch, while state constitutions also establish the judicial system of the state, including state supreme courts.

<span class="mw-page-title-main">1972 Texas Proposition 8</span>

Proposition 8 was a referendum for a state constitutional amendment placed on the ballot by the Texas legislature and approved by the voters at the November 7, 1972 general election. The measure amended sections 4, 22, and 23 of the Texas Constitution, changing the length of the terms of statewide elected offices in Texas from two years to four years.

References