Treasurer (state executive office)

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In the United States, the treasurer of a state is the official charged with overseeing revenue and finances and generally acting as the state's chief banker. Every state in the United States has a treasurer, though some have a different official title for the office. In New York and Texas there is no treasurer -- instead, those duties are performed by the controller.

Most states elect the treasurer; of those states, it is common for treasurer to be a constitutional executive office. Some states, however, treat the position as a member of the governor's cabinet, thus making the position a gubernatorial appointment.

HIGHLIGHTS
  • The position of state treasurer exists in 48 states; it is elected in 36 and appointed in 12.
  • Of the 12 states to appoint state treasurers, the governor is primarily responsible for appointment in eight, while the legislature is responsible in four.
  • In 2022, state treasurer salaries ranged from $222,252 in Tennessee to $70,000 in Colorado.
  • As opposed to treasurers in the corporate world, state treasurers are often elected partisan offices who administer various programs and have control over financial decisions without being involved in the highly detailed day-to-day bookkeeping and accounting.

    In some states, the treasurer may share financial duties with a comptroller, a chief financial officer or an auditor. Areas that often fall under a treasurer's job description include:

    • Debt management and debt policy
    • Disaster preparation
    • Pension fund administration
    • Oversight to prevent fraud with public money
    • Payroll matters for public employees
    • Investing public funds and managing portfolios



    Method of selection

    The position of treasurer is an elected office in 36 out of the 48 states where it exists. In the remaining 12 states, the position is appointed. In eight of those states the power of appointment is given to the governor, while in the remaining four the state legislature is empowered to select a treasurer.

    Partisan affiliation

    The position of treasurer is nonpartisan in 12 states. The position is held by a Republican in 24 states and by a Democrat in 12. Texas and New York do not have this office.

    Compensation

    According to compensation figures for 2022 compiled by the Council of State Governments in the Book of the States, the highest salary for a state treasurer is $222,252 in Tennessee while the lowest is $70,000 in Arizona. To view the compensation of a specific state treasurer, hover your mouse cursor over the state.

    Political parties

    The chart below is a breakdown of the political parties of the state executive office of treasurer. For other state executive offices, click here.

    Office Democratic Party Democratic Republican Party Republican Grey.png Independent Nonpartisan Vacant Total seats
    Treasurer 12 24 0 12 0 48
    Counts current as of December 2024. If you see an error, please email us.

    Current officeholders

    List of current treasurers

    List of current state treasurers in the United States:


    Office Name Party Date assumed office
    Alabama Treasurer Young Boozer Republican October 1, 2021
    Alaska Commissioner of the Department of Revenue Adam Crum Nonpartisan November 16, 2022
    Arizona Treasurer Kimberly Yee Republican January 7, 2019
    Arkansas Treasurer Larry Walther Republican August 7, 2023
    California Treasurer Fiona Ma Democratic January 7, 2019
    Colorado Treasurer Dave Young Democratic January 8, 2019
    Connecticut Treasurer Erick Russell Democratic January 4, 2023
    Delaware Treasurer Colleen Davis Democratic January 1, 2019
    Florida Chief Financial Officer Jimmy Patronis Republican 2017
    Georgia Treasurer Steve McCoy Nonpartisan August 5, 2020
    Hawaii Director of Finance Luis Salaveria Nonpartisan April 28, 2023
    Idaho Treasurer Julie Ellsworth Republican January 7, 2019
    Illinois Treasurer Mike Frerichs Democratic January 12, 2015
    Indiana Treasurer Daniel Elliott Republican January 1, 2023
    Iowa Treasurer of State Roby Smith Republican January 1, 2023
    Kansas Treasurer Steven C. Johnson Republican January 9, 2023
    Kentucky State Treasurer Mark Metcalf Republican January 1, 2024
    Louisiana State Treasurer John Fleming Republican January 8, 2024
    Maine Treasurer Henry Beck Nonpartisan January 2, 2019
    Maryland Treasurer Dereck Davis Nonpartisan December 17, 2021
    Massachusetts Treasurer Deb Goldberg Democratic January 21, 2015
    Michigan Treasurer Rachael Eubanks Nonpartisan 2019
    Minnesota Commissioner of Management and Budget Erin Campbell Nonpartisan August 15, 2023
    Mississippi Treasurer David McRae Republican January 9, 2020
    Missouri Treasurer Vivek Malek Republican January 17, 2023
    Montana Director of the Department of Revenue Brendan Beatty Nonpartisan January 4, 2021
    Nebraska Treasurer Tom Briese Republican November 1, 2023
    Nevada State Treasurer Zach Conine Democratic January 7, 2019
    New Hampshire Treasurer Monica Mezzapelle Nonpartisan March 25, 2020
    New Jersey Treasurer Elizabeth Maher Muoio Nonpartisan 2018
    New Mexico Treasurer Laura Montoya Democratic January 1, 2023
    North Carolina Treasurer Dale Folwell Republican January 1, 2017
    North Dakota Treasurer Thomas Beadle Republican January 1, 2021
    Ohio Treasurer Robert Sprague Republican January 14, 2019
    Oklahoma Treasurer Todd Russ Republican January 9, 2023
    Oregon Treasurer Tobias Read Democratic January 2, 2017
    Pennsylvania Treasurer Stacy Garrity Republican January 19, 2021
    Rhode Island General Treasurer James Diossa Democratic January 3, 2023
    South Carolina Treasurer Curtis Loftis Republican 2011
    South Dakota Treasurer Josh Haeder Republican January 7, 2019
    Tennessee Treasurer David Lillard, Jr. Nonpartisan January 15, 2009
    Utah Treasurer Marlo Oaks Republican July 20, 2021
    Vermont Treasurer Michael Pieciak Democratic January 5, 2023
    Virginia Treasurer David Richardson Nonpartisan June 2, 2022
    Washington Treasurer Mike Pellicciotti Democratic January 11, 2021
    West Virginia Treasurer Riley Moore Republican January 18, 2021
    Wisconsin Treasurer John Leiber Republican January 2, 2023
    Wyoming Treasurer Curt Meier Republican January 7, 2019



    Election history

    2025

    See also: State executive official elections, 2025

    No state is holding elections for treasurer in 2025.

    2024

    See also: State executive official elections, 2024

    Ten states held elections for treasurer in 2024:

    2023

    See also: State executive official elections, 2023

    Three states held elections for treasurer in 2023:

    2022

    See also: State executive official elections, 2022

    Twenty-six states held elections for treasurer in 2022.

    2021

    See also: State executive official elections, 2021

    No state held elections for treasurer in 2021.

    2020

    See also: State executive official elections, 2020

    Nine states held elections for treasurer in 2020:

    2019

    See also: State executive official elections, 2019

    Three states held elections for treasurer in 2019:

    2018

    See also: State executive official elections, 2018

    Twenty-five states held elections for treasurer in 2018.

    2017

    One state held an election for treasurer in 2017:

    2016

    See also: Treasurer elections, 2016

    Nine states held elections for treasurer in 2016:

    2015

    See also: State executive official elections, 2015

    Three states were holding elections for treasurer in 2015: Kentucky, Louisiana and Mississippi. Allison Ball (R) was elected in Kentucky, incumbent Lynn Fitch (R) was re-elected in Mississippi, and incumbent John Neely Kennedy (R) was re-elected in Louisiana.

    2014

    Main article: State executive official elections, 2014

    Twenty-five states held regularly scheduled treasurer elections in the 2014 electoral cycle:

    2013

    There were no state treasurer elections in 2013.

    2012

    Main article: State executive official elections, 2012

    Nine states held treasurer elections in the 2012 electoral cycle: Missouri, North Carolina, North Dakota, Oregon, Pennsylvania, Utah, Vermont, Washington and West Virginia.

    Going into the November 6 elections, Democrats held seven of the seats up and Republicans held two. No seats changed party hands.

    2011

    See also: State executive official elections, 2011

    Three states, Kentucky, Louisiana and Mississippi, held scheduled elections for treasurer in the 2011 electoral cycle. Two of the seats that were up for election were held by a Republican while another was held by a Democrat. Only one incumbent treasurer, Mississippi's Tate Reeves, did not run for re-election in 2011.

    See also

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    External links

    Footnotes