State treasurer explained

In the state and territorial governments of the United States, 54 of the 56 states and territories have the executive position of treasurer. New York abolished the office of New York State Treasurer in 1926, in which the duties were transferred to the 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.

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
AlabamaRepublican2026Treasurer
AlaskaUnknownAppointed by GovernorRevenue Commissioner
American SamoaUnknownAppointed by GovernorTreasurer
ArizonaRepublican2026Treasurer
ArkansasRepublican2024 (special)Treasurer
CaliforniaDemocratic2026Treasurer
ColoradoDemocratic2026Treasurer
ConnecticutDemocratic2026Treasurer
DelawareDemocratic2026Treasurer
District of ColumbiaUnknownAppointed by MayorChief Financial Officer
FloridaRepublican2026Chief Financial Officer
GeorgiaUnknownAppointed by GovernorTreasurer

GuamUnknownAppointed by GovernorDirector of Revenue and Tax
HawaiiUnknownAppointed by GovernorDirector of Finance
IdahoRepublican2026Treasurer
IllinoisDemocratic2026Treasurer
IndianaRepublican2026Treasurer
IowaRepublican2026Treasurer
KansasRepublican2026Treasurer
KentuckyRepublican2027Treasurer
LouisianaRepublican2027Treasurer
MaineDemocraticElected by Legislature[1] Treasurer
MarylandDemocraticElected by Legislature[2] Treasurer
MassachusettsDemocratic2026Treasurer and Receiver-General
MichiganUnknownAppointed by GovernorTreasurer
MinnesotaUnknownAppointed by GovernorCommissioner of Management and Budget
MississippiRepublican2027Treasurer
MissouriRepublican2024Treasurer
MontanaUnknownAppointed by GovernorDirector of the Department of Revenue
Nebraska2026Treasurer
NevadaDemocratic2026Treasurer
New HampshireUnknown
Elected by Legislature[3] Treasurer
New JerseyDemocraticAppointed by GovernorTreasurer
New MexicoDemocratic2026Treasurer
New YorkDemocratic2026Comptroller
North CarolinaRepublican2024Treasurer
North DakotaRepublican2024Treasurer
Northern Mariana IslandsUnknownAppointed by GovernorFinance Secretary
OhioRepublican2026Treasurer
OklahomaRepublican2026Treasurer
OregonDemocratic2024Treasurer
PennsylvaniaRepublican2024Treasurer

Puerto RicoUnknownAppointed by GovernorSecretary of Treasury
Rhode IslandDemocratic2026General Treasurer
South CarolinaRepublican2026Treasurer
South DakotaRepublican2026Treasurer
TennesseeRepublicanElected by Legislature[4] Treasurer
TexasRepublican2026Comptroller of Public Accounts
UtahRepublican2024Treasurer
VermontDemocratic2026Treasurer
Virgin IslandsUnknown
Appointed by GovernorCommissioner of Finance
VirginiaIndependentAppointed by GovernorTreasurer
WashingtonDemocratic2024Treasurer
West VirginiaRepublican2024Treasurer
WisconsinRepublican2026Treasurer
WyomingRepublican2026Treasurer

See also

Notes and References

  1. http://www.maine.gov/legis/const/ Maine State Constitution
  2. http://msa.maryland.gov/msa/mdmanual/43const/html/06art6.html Constitution of Maryland
  3. http://www.nh.gov/constitution/secretary.html New Hampshire State Constitution
  4. http://www.state.tn.us/sos/bluebook/05-06/46-tnconst.pdf Constitution of the State of Tennessee