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{{Short description|American political office}}
{{Infobox Political post
|post = Treasurer
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|insigniasize = 100px
|insigniacaption = [[Seal of Indiana]]
|image = Daniel Elliott.jpg
|imagesize = 165px
|incumbent = [[KellyDaniel MitchellElliott (Indiana politician)|Dan Elliott]]
|incumbentsince = January 79, 20152023
|style =
|appointer =
Line 16 ⟶ 17:
|inaugural = Daniel Crosby Lane<br />November 7, 1816
|website = http://www.in.gov/tos/
|salary = $6694,000501.42
}}
 
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 20182023, there have been fifty-five treasurers. The incumbent is [[Republican Party (United States)|Republican]] [[KellyDaniel MitchellElliott (Indiana politician)|Dan Elliott]] who has served in the position since NovemberJanuary 189, 20142023.
 
==Term limits and qualification==
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The Indiana State Treasurer is a constitutional office first established in the 1816 [[Constitution of Indiana]], and was made largely to mirror the position of the treasurer during [[Indiana Territory|Indiana's territorial period]]. Between 1816 and until 1851, the treasurer was nominated by the governor and confirmed by the state senate. With adoption of the current constitution in 1851 the treasurer's office was filled by a public statewide election every four years.<ref name = ic16>Indiana Chamber, p. 16</ref>
 
Treasurers take office on February 10 following their election and hold office for four years. Should they resign, be impeached, or die in office the governor has the power to appoint a temporary treasurer to serve until the next general election. The new treasurer, either appointed to elected may only complete the term of the previous treasurer, not serve a new four-year term. A treasurer may be elected to consecutive terms, but may serve no more than eight years in any twelve-year period.<ref name = ic16/> As of 2007, the salary for the treasurer is $66,000 annually.<ref name = ic18/>
 
==Powers==
[[File:John J. Cooper (Indiana).jpg|thumb|125px|John J. Cooper, Treasurer from 1883 to 1887]]
The treasurer's powers are both constitutional and statutory. The treasurer's constitutional powers make him the chief financial officer of the state government and give him control over all of the state's financial assets. Because the state operates with a large [[rainy day fund|reserve fund]], this give the treasurer control over a large amount of money. In 2007, the total state portfolio was valued at over $5 billion.<ref name = ic16/> The treasurer is permitted to invest the funds several different ways, including investments in [[United States Treasury security|United States Treasury securities]], [[Certificate of deposit|certificates of deposit]], repurchase agreements, and money market mutual funds.<ref name = ic16/>
 
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===State treasurers===
{| class="wikitable sortable"
!#!!Image!!Name!!Took office!!Left office!!Party!!Hometown!!Notes
|- {{Party shading/Democratic-Republican}}
|1
|
|Daniel Crosby Lane
|[[Daniel Crosby Lane]]
|November 16, 1816
|December 28, 1822
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|- {{Party shading/Whig}}
|2
|[[File:Samuel Merrill (Indiana1792-1855).jpg|Samuel Merrill60px]]
|[[Samuel Merrill (Indiana politician)|Samuel Merrill]]
|December 28, 1822
|February 13, 1834
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|- {{Party shading/Democratic}}
|3
|
|Nathan B. Palmer
|[[Nathan B. Palmer]]
|February 13, 1834
|February 9, 1841
|Democratic
|Democrat
|[[Jefferson County, Indiana]]
|
|- {{Party shading/Whig}}
|4
|
|[[George H. Dunn]]
|February 9, 1841
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|- {{Party shading/Democratic}}
|5
|
|Royal Mayhew
|[[Royal Mayhew]]
|February 9, 1844
|February 9, 1847
|Democratic
|Democrat
|[[Lawrenceburg, Indiana]]
|
|- {{Party shading/Whig}}
|6
|
|Samuel Hannah
|February 9, 1847
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|- {{Party shading/Democratic}}
|7
|
|James P. Drake
|February 9, 1850
|February 9, 1853
|Democratic
|Democrat
|[[Indianapolis|Indianapolis, Indiana]]
|
|- {{Party shading/Democratic}}
|8
|
|Elijah Newland
|[[Elijah Newland]]
|February 9, 1853
|February 9, 1855
|Democratic
|Democrat
|[[Washington County, Indiana]]
|
|- {{Party shading/Republican}}
|9
|
|William R. Nofsinger
|[[William R. Nofsinger]]
|February 9, 1855
|February 9, 1857
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|- {{Party shading/Democratic}}
|10
|
|Aquilla Jones
|February 9, 1857
|February 9, 1859
|Democratic
|Democrat
|[[Columbus, Indiana]]
|
|- {{Party shading/Democratic}}
|11
|
|Nathaniel G. Cunningham
|February 9, 1859
|February 9, 1861
|Democratic
|Democrat
|[[Vigo County, Indiana]]
|
|- {{Party shading/Republican}}
|12
|
|Jonathan S. Harvey
|February 9, 1861
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|- {{Party shading/Democratic}}
|13
|
|Matthew L. Brett
|February 9, 1863
|February 9, 1865
|Democratic
|Democrat
|[[Daviess County, Indiana]]
|
|- {{Party shading/Republican}}
|14
|
|John I. Morris
|February 9, 1865
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|- {{Party shading/Republican}}
|15
|[[File:NKimball.jpg|60px]]
|Nathan Kimball
|[[Nathan Kimball]]
|February 9, 1867
|February 9, 1871
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|- {{Party shading/Democratic}}
|16
|
|James B. Ryan
|February 9, 1871
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|- {{Party shading/Republican}}
|17
|
|John B. Glover
|February 9, 1873
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|- {{Party shading/Democratic}}
|18
|
|Benjamin C. Shaw
|February 9, 1875
|February 9, 1879
|Democratic
|Democrat
|[[Indianapolis|Indianapolis, Indiana]]
|
|- {{Party shading/Democratic}}
|19
|
|William Fleming
|February 9, 1879
|February 5, 1881
|Democratic
|Democrat
|[[Fort Wayne, Indiana]]
|
|- {{Party shading/Republican}}
|20
|
|Roswell S. Hill
|February 5, 1881
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|- {{Party shading/Democratic}}
|21
|[[File:John J. Cooper (Indiana).jpg|60px]]
|John J. Cooper
|February 9, 1883
|February 9, 1887
|Democratic
|Democrat
|[[Indianapolis|Indianapolis, Indiana]]
|
|- {{Party shading/Republican}}
|22
|
|Julius A. Lemcke
|[[Julius A. Lemcke]]
|February 9, 1887
|February 9, 1891
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|- {{Party shading/Democratic}}
|23
|[[File:Albert Gall portrait.png|60px]]
|[[Albert Gall]]
|February 9, 1891
|February 9, 1895
|Democratic
|Democrat
|[[Indianapolis|Indianapolis, Indiana]]
|
|- {{Party shading/Republican}}
|24
|
|Frederick J. Scholz
|[[Frederick J. Scholz]]
|February 9, 1895
|February 10, 1899
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|- {{Party shading/Republican}}
|25
|
|Leopold Levy
|[[Leopold Levy]]
|February 10, 1899
|February 9, 1903
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|- {{Party shading/Republican}}
|26
|
|Nathaniel U. Hill
|February 9, 1903
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|- {{Party shading/Republican}}
|27
|
|Oscar C. Hadley
|February 10, 1907
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|- {{Party shading/Democratic}}
|28
|
|William H. Vollmer
|February 10, 1911
|February 10, 1915
|Democratic
|Democrat
|[[Vincennes, Indiana]]
|
|- {{Party shading/Democratic}}
|29
|
|George A. Bittler
|February 10, 1915
|February 10, 1917
|Democratic
|Democrat
|[[Fort Wayne, Indiana]]
|
|- {{Party shading/Republican}}
|30
|
|Uz McMurtie
|February 10, 1917
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|- {{Party shading/Republican}}
|31
|
|Ora J. Davies
|February 10, 1921
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|- {{Party shading/Republican}}
|32
|
|Bernhardt H. Urbahns
|February 10, 1925
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|- {{Party shading/Republican}}
|33
|[[File:Grace Reynolds 1936.jpg|60px]]
|Grace Urbahns
|[[Grace Urbahns]]
|January 22, 1926
|February 10, 1931
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|- {{Party shading/Democratic}}
|34
|
|William Storen
|February 10, 1931
|February 10, 1935
|Democratic
|Democrat
|[[Scottsburg, Indiana]]
|
|- {{Party shading/Democratic}}
|35
|
|Peter Hein
|February 10, 1935
|February 10, 1939
|Democratic
|Democrat
|[[Crown Point, Indiana]]
|
|- {{Party shading/Democratic}}
|36
|
|Joseph M. Robertson
|February 10, 1939
|February 10, 1941
|Democratic
|Democrat
|[[Brownstown, Indiana]]
|
|- {{Party shading/Republican}}
|37
|
|James M. Givens
|February 10, 1941
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|- {{Party shading/Republican}}
|38
|
|Frank T. Millis
|February 10, 1945
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|- {{Party shading/Democratic}}
|39
|
|F. Shirley Wilcox
|[[F. Shirley Wilcox]]
|February 10, 1949
|February 10, 1951
|Democratic
|Democrat
|[[New Albany, Indiana]]
|
|- {{Party shading/Republican}}
|40
|
|William L. Fortune
|February 10, 1951
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|- {{Party shading/Republican}}
|42
|
|John Peters
|February 10, 1953
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|- {{Party shading/Republican}}
|43
|
|Adolph L. Fossler
|February 10, 1957
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|- {{Party shading/Democratic}}
|44
|
|Jack A. Haymaker
|February 10, 1959
|February 10, 1961
|Democratic
|Democrat
|[[Logansport, Indiana]]
|
|- {{Party shading/Republican}}
|45
|
|Robert E. Hughes
|February 10, 1961
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|- {{Party shading/Democratic}}
|46
|
|Jack L. New
|February 10, 1965
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|- {{Party shading/Republican}}
|47
|
|John Snyder
|February 10, 1967
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|- {{Party shading/Democratic}}
|48
|
|Jack L. New
|February 10, 1971
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|- {{Party shading/Republican}}
|49
|
|Julian Ridlen
|February 10, 1979
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|- {{Party shading/Republican}}
|50
|
|Majorie H. O’Laughlin
|Marjorie H. O’Laughlin
|February 10, 1987
|February 10, 1995
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|- {{Party shading/Republican}}
|51
|
|Joyce Brinkman
|February 10, 1995
Line 459 ⟶ 509:
|- {{Party shading/Republican}}
|52
|
|[[Tim Berry (politician)|Tim Berry]]
|February 10, 1999
Line 467 ⟶ 518:
|- {{Party shading/Republican}}
|53
|[[File:StateTreasurerRichardMourdock (1).jpg|60px]]
|[[Richard Mourdock]]
|February 10, 2007
Line 475 ⟶ 527:
|- {{Party shading/Republican}}
|54
|
|[[Kelly Mitchell]]
|JanuaryNovember 718, 20152014
|January 9, 2023
| ''Incumbent''
|Republican
|[[Logansport, Indiana]]
|
|- {{Party shading/Republican}}
|55
|[[File:Daniel Elliott.jpg|60px]]
|[[Daniel Elliott (Indiana politician)|Dan Elliott]]
|January 9, 2023
|present
|Republican
|[[Green Township, Morgan County, Indiana|Green Township, Indiana]]
|
|}
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==Sources==
*{{cite book|author=Funk, Arville L|title=A Sketchbook of Indiana History|origyearorig-year=1969|year=1983|location=[[Rochester, Indiana]]|publisher=Christian Book Press|pages=210&ndash;211}}
*{{cite book|author=Indiana Chamber|title=Here's Your Indiana Government|year=2007|publisher=Indiana Camber of Commerce|isbn=978-1-883698-79-9|url-access=registration|url=https://archive.org/details/hereisyourindian00indi}}
 
==External links==
*{{cite web|url=http://www.in.gov/treasurer/|title=State Treasurer|publisher=IN.gov|accessdateaccess-date=2008-12-01}}
 
{{-}}
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[[Category:Government of Indiana]]
[[Category:State constitutional officerstreasurers of Indiana| ]]
[[Category:State1816 treasurersestablishments ofin Indiana]]
[[Category:Government agencies established in 1816]]
Retrieved from "https://en.wikipedia.org/wiki/Indiana_State_Treasurer"