State Treasurer P26
Job Description
How office affects the voter
Simplistically, The State Treasurer keeps the records of how state money is received and spent. That means keeping track of multiple departments and agencies, including Unclaimed Property, College Savings Plan, Enable Gifting, Financial Education, Child Support, Inland Port Authority, Interior Designer Registry, and the main job, Treasury Management. The Treasury Management Division is responsible for the Treasurer's core constitutional function: receipting and disbursing all state funds. All payments made to state agencies, whether by check, cash, credit card or ACH debit or credit flow through state bank accounts and are receipted in by the treasury staff.
Duties and Responsibilities
Summarized from State Statutes: 1)Receive state funds not otherwise assigned, 2)Spend state funds according to law, 3)Keep records of 1 & 2, 4)Keep records of other state funds, 5)Yearly financial report to the Legislature, 6)Report to the Legislature anytime asked, 7)Transfer of ALL information if resign or voted out, 8)Maintain Taxpayer Transparency Act website, 9)Grants under Municipal Inland Port Authority See details at the State Treasurer's website.
See Complete DescriptionJob Description
How office affects the voter
Simplistically, The State Treasurer keeps the records of how state money is received and spent. That means keeping track of multiple departments and agencies, including Unclaimed Property, College Savings Plan, Enable Gifting, Financial Education, Child Support, Inland Port Authority, Interior Designer Registry, and the main job, Treasury Management. The Treasury Management Division is responsible for the Treasurer's core constitutional function: receipting and disbursing all state funds. All payments made to state agencies, whether by check, cash, credit card or ACH debit or credit flow through state bank accounts and are receipted in by the treasury staff.
Duties and Responsibilities
Summarized from State Statutes: 1)Receive state funds not otherwise assigned, 2)Spend state funds according to law, 3)Keep records of 1 & 2, 4)Keep records of other state funds, 5)Yearly financial report to the Legislature, 6)Report to the Legislature anytime asked, 7)Transfer of ALL information if resign or voted out, 8)Maintain Taxpayer Transparency Act website, 9)Grants under Municipal Inland Port Authority See details at the State Treasurer's website.
Requirements for the position
Must be a registered voter,
Other information
Requires integrity and ability to ascertain others' integrity in financial management.
Term of office
Term of office is 4 years, must not be a candidate for two (2) years following the expiration of two (2) consecutive terms for which they were elected.
Partisan?
Candidates are nominated by their party in a primary election.
When election is held
Every four years along with other state officers.
Links
See State Statutes 84-501 through 84-507
How office affects the voter
Simplistically, The State Treasurer keeps the records of how state money is received and spent. That means keeping track of multiple departments and agencies, including Unclaimed Property, College Savings Plan, Enable Gifting, Financial Education, Child Support, Inland Port Authority, Interior Designer Registry, and the main job, Treasury Management. The Treasury Management Division is responsible for the Treasurer's core constitutional function: receipting and disbursing all state funds. All payments made to state agencies, whether by check, cash, credit card or ACH debit or credit flow through state bank accounts and are receipted in by the treasury staff.
Duties and Responsibilities
Summarized from State Statutes: 1)Receive state funds not otherwise assigned, 2)Spend state funds according to law, 3)Keep records of 1 & 2, 4)Keep records of other state funds, 5)Yearly financial report to the Legislature, 6)Report to the Legislature anytime asked, 7)Transfer of ALL information if resign or voted out, 8)Maintain Taxpayer Transparency Act website, 9)Grants under Municipal Inland Port Authority See details at the State Treasurer's website.
Requirements for the position
Must be a registered voter,
Other information
Requires integrity and ability to ascertain others' integrity in financial management.
Term of office
Term of office is 4 years, must not be a candidate for two (2) years following the expiration of two (2) consecutive terms for which they were elected.
Partisan?
Candidates are nominated by their party in a primary election.
When election is held
Every four years along with other state officers.
Links
See State Statutes 84-501 through 84-507