Indiana Treasurer

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Indiana Treasurer

Seal of Indiana.png

General information
Office Type:  Partisan
Office website:  Official Link
Compensation:  $91,707
2025 FY Budget:  $39,655,692
Term limits:  8 years in any 12 year period
Structure
Length of term:   4 years
Authority:  Indiana Constitution, Article 6, Section 1
Selection Method:  Elected
Current Officeholder

Indiana Treasurer Daniel Elliott
Republican Party
Assumed office: January 1, 2023

Elections
Next election:  2026
Last election:  2022
Other Indiana Executive Offices
GovernorLieutenant GovernorSecretary of StateAttorney GeneralTreasurerComptrollerExaminerSecretary of EducationAgriculture DirectorInsurance CommissionerNatural Resources DirectorLabor CommissionerUtility Regulatory Commission

The Treasurer of the State of Indiana is an elected state executive position in the Indiana state government and one of five constitutional offices. The treasurer is the chief investment officer and banker of the state and serves on numerous state boards, commissions and authorities The treasurer is elected in a statewide election every four years.[1]

Current officeholder

The current Indiana Treasurer is Daniel Elliott (R). Elliott assumed office in 2023.

Authority

Article 6, Section 1 of the Indiana Constitution addresses the office of state treasurer:[2]

There shall be elected, by the voters of the state, a Secretary, an Auditor and a Treasurer of State, who shall, severally, hold their offices for four years. They shall perform such duties as may be enjoined by law; and no person shall be eligible to either of said offices, more than eight years in any period of twelve years.

Qualifications

Note: Ballotpedia's state executive officials project researches the constitutional or statutory text that establishes the requirements necessary to qualify for a state executive office. That information for the Indiana Treasurer has not yet been added. After extensive research, we were unable to identify any relevant information on state official websites. If you have any additional information about this office for inclusion on this section and/or page, please email us.

Elections

Indiana state government organizational chart

The treasurer is elected every four years during midterm elections (2022, 2026, 2030, etc.).[2] The treasurer takes office on January 1 following the election.[3]

2022

See also: Indiana Treasurer election, 2022

General election

General election for Indiana Treasurer

Daniel Elliott defeated Jessica McClellan in the general election for Indiana Treasurer on November 8, 2022.

Candidate
%
Votes
Image of Daniel Elliott
Daniel Elliott (R)
 
60.9
 
1,121,158
Image of Jessica McClellan
Jessica McClellan (D) Candidate Connection
 
39.1
 
720,778

Total votes: 1,841,936
Candidate Connection = candidate completed the Ballotpedia Candidate Connection survey.
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Democratic convention

Democratic convention for Indiana Treasurer

Jessica McClellan advanced from the Democratic convention for Indiana Treasurer on June 18, 2022.

Candidate
Image of Jessica McClellan
Jessica McClellan (D) Candidate Connection

Candidate Connection = candidate completed the Ballotpedia Candidate Connection survey.
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Republican convention

Republican convention for Indiana Treasurer

Daniel Elliott defeated Lana Keesling, Elise Nieshalla, and Pete Seat in the Republican convention for Indiana Treasurer on June 18, 2022.


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Withdrawn or disqualified candidates

2018

See also: Indiana Treasurer election, 2018

General election

General election for Indiana Treasurer

Incumbent Kelly Mitchell defeated John Aguilera in the general election for Indiana Treasurer on November 6, 2018.

Candidate
%
Votes
Image of Kelly Mitchell
Kelly Mitchell (R) Candidate Connection
 
58.6
 
1,300,631
Image of John Aguilera
John Aguilera (D)
 
41.4
 
917,592

Total votes: 2,218,223
Candidate Connection = candidate completed the Ballotpedia Candidate Connection survey.
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2014

See also: Indiana down ballot state executive elections, 2014
Indiana Treasurer, 2014
Party Candidate Vote % Votes
     Republican Green check mark transparent.pngKelly Mitchell 58.2% 772,422
     Democratic Mike Boland 37% 490,965
     Libertarian Mike Jasper 4.8% 63,780
Total Votes 1,327,167
Election results via Indiana Secretary of State

Vacancies

Note: Ballotpedia's state executive officials project researches the constitutional or statutory text that details the process of filling vacancies for a state executive office. That information for the Indiana Treasurer has not yet been added. After extensive research, we were unable to identify any relevant information on state official websites. If you have any additional information about this office for inclusion on this section and/or page, please email us.

Duties

The treasurer is responsible for maintaining the state funds and acting as the state's bank. The main duty of the office is collecting money owed to the state and investing it as needed. The office also distributes money to local governments as needed and offers student loan programs.[1]

Divisions

Note: Ballotpedia's state executive officials project researches state official websites for information that describes the divisions (if any exist) of a state executive office. That information for the Indiana Treasurer has not yet been added. After extensive research we were unable to identify any relevant information on state official websites. If you have any additional information about this office for inclusion on this section and/or page, please email us.

State budget

See also: Indiana state budget and finances

The Indiana Treasurer of State's budget was $39,655,692 for Fiscal Year 2025.[4]

Compensation

See also: Compensation of state executive officers

The salaries of executive officers in Indiana are determined by the Indiana State Legislature. In 2007, the Indiana Senate passed SB 401, which tied annual salary increases to increases received by state employees. State executive officials are not eligible for salary increases if state employees do not receive increases to their salaries.[5]

2022

In 2022, the officer's salary was $91,707, according to the Council of State Governments.[6]

2021

In 2021, the treasurer received a salary of $89,514, according to the Council of State Governments.[7]

2020

In 2020, the treasurer received a salary of $86,654, according to the Council of State Governments.[8]

2019

In 2019, the treasurer received a salary of $82,640, according to the Council of State Governments.[9]

2018

In 2018, the treasurer received a salary of $82,640, according to the Council of State Governments.[10]

2017

In 2017, the treasurer received a salary of $81,020, according to the Council of State Governments.[11]

2016

In 2016, the treasurer received a salary of $78,584, according to the Council of State Governments.[12]

2015

In 2015, the treasurer received a salary of $76,892, according to the Council of State Governments.[13]

2014

In 2014, the treasurer received a salary of $76,892, according to the Council of State Governments.[14]

2013

In 2013, the treasurer received a salary of $74,581, according to the Council of State Governments.[15]

2012

In 2012, the treasurer received a salary of $72,974, according to the Council of State Governments.

Historical officeholders

Note: Ballotpedia's state executive officials project researches state official websites for chronological lists of historical officeholders; information for the Indiana Treasurer has not yet been added because the information was unavailable on the relevant state official websites, or we are currently in the process of formatting the list for this office. If you have any additional information about this office for inclusion on this section and/or page, please email us.

Contact information

Indiana State Treasurer's Office
200 W. Washington Street
Suite 242
Indianapolis, Indiana 46204

Phone: 317-232-6386
Fax: 317-233-1780

See also

External links

Footnotes

  1. 1.0 1.1 Indiana Treasurer's Office, "About the Office," accessed January 21, 2021
  2. 2.0 2.1 Indiana Constitution, "Article 6," accessed January 21, 2021
  3. Indiana Code, "IC 4-8.1-2-4," accessed January 21, 2021
  4. Indiana State Budget Agency, "2023-2025 The Whole Budget Report," accessed December 6, 2023
  5. Indiana General Assembly, "Senate Enrolled Act No. 401," accessed January 21, 2021
  6. Council of State Governments, "Book of the States 2022 Table 4.11: Selected State Administrative Officials: Annual Salaries," provided to Ballotpedia by CSG personnel
  7. Issuu, "The Book of the States 2021," accessed September 22, 2022
  8. [file:///C:/Users/Owner/Downloads/BOS_2020_WEB.pdf Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2020," accessed January 21, 2021]
  9. Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2019," accessed January 21, 2021
  10. Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2018," accessed January 21, 2021
  11. Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2017," accessed January 21, 2021
  12. Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2016," accessed August 27, 2016
  13. Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2015," accessed August 27, 2016
  14. Council of State Governments, "Selected State Administrative Officials: Annual Salaries," accessed November 14, 2014
  15. The Council of State Governments, "Book of the States 2013, Table 4.11," accessed February 2, 2014