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State Treasurer Of Wisconsin
The State Treasurer of Wisconsin is a constitutional officer in the executive branch of the government of the U.S. state of Wisconsin. Thirty-six individuals have held the office of State Treasurer since statehood. The incumbent is Sarah Godlewski, a Democrat. Election and term of office The State Treasurer is elected on Election Day in November, and takes office on the first Monday of the next January. There is no limit to the number of terms a State Treasurer may hold. From 1848 to 1968, the State Treasurer was elected to a two-year term in the November general election. Since 1970, following ratification of a constitutional amendment in April 1967, the State Treasurer has been elected to a four-year term. In the event of a vacancy in the office of the State Treasurer, the Governor may appoint a replacement to fill the remainder of the term. The State Treasurer may be removed from office through an impeachment trial. Powers and duties In Wisconsin, the State Treasurer is th ...
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John Leiber
John S. Leiber is an American lawyer and politician from the state of Wisconsin. A Republican, he is the 37th state treasurer of Wisconsin, having been elected in the 2022 election. Early life and career Leiber graduated from Prairie High School in Racine, Wisconsin. He earned a bachelor's degree in history from University of Wisconsin–Parkside and worked for several years as a teacher in the Racine Unified School District. In 2009, Leiber became president of the parks and recreation commission in the neighboring village of Caledonia, Wisconsin, and was then employed as a legislative aide in the Wisconsin State Assembly from 2013 through 2016. During these years, he was active in the Republican Party of Racine County, and worked on behalf of the Caledonia school secession movement—that unsuccessful movement sought to separate Caledonia's schools from the Racine Unified School District. Electoral career In 2018, Leiber ran for the Republican nomination for Wisconsi ...
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State Of Wisconsin Investment Board
The State of Wisconsin Investment Board (SWIB), created in 1951, is an independent state agency responsible for managing the assets of the Wisconsin Retirement System , the State Investment Fund (SIF), and other state trust funds. , SWIB managed $165.6 billion in assets. Edwin Denson was appointed the executive director/chief investment officer in April 2021. Bonuses In December 2016, it was revealed that employees were paid over $11 million in combined bonuses in 2015 when the main funds returns were flat. This is due to the compensation structure that tracks five year returns due to the long term nature of the investing. For the five year period, the fund returned 6.7%, which outdid its 6.2% benchmark. When accounting for roughly $100B of assets under management at the time the 0.5% out-performance equates five hundred million of additional money for the pension system. This is roughly 45 times the $11mm of bonuses paid to the staff that outperformed the market. Referenc ...
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Wisconsin Progressive Party
The Wisconsin Progressive Party (1934–1946) was a political party that briefly held a dominant role in Wisconsin politics. History The Party was the brainchild of Philip La Follette and Robert M. La Follette, Jr., the sons of the famous Wisconsin Governor and Senator Robert M. La Follette, Sr. The party was established in 1934 as an alliance between the longstanding "Progressive" faction of the Republican Party of Wisconsin, led by the La Follette family and their political allies, and certain radical farm and labor groups active in Wisconsin at the time. The party served as a vehicle for Philip La Follette to run for re-election as Governor and for his brother Robert to run for re-election to the United States Senate. Both men were successful in their bids, and the party saw a number of other victories as well in the 1934 and 1936 elections, notably winning several U.S. House seats and a majority of the Wisconsin State Senate and Wisconsin State Assembly in 1936. In 1936 it wa ...
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Democratic Party (United States)
The Democratic Party is one of the two major contemporary political parties in the United States. Founded in 1828, it was predominantly built by Martin Van Buren, who assembled a wide cadre of politicians in every state behind war hero Andrew Jackson, making it the world's oldest active political party.M. Philip Lucas, "Martin Van Buren as Party Leader and at Andrew Jackson's Right Hand." in ''A Companion to the Antebellum Presidents 1837–1861'' (2014): 107–129."The Democratic Party, founded in 1828, is the world's oldest political party" states Its main political rival has been the Republican Party since the 1850s. The party is a big tent, and though it is often described as liberal, it is less ideologically uniform than the Republican Party (with major individuals within it frequently holding widely different political views) due to the broader list of unique voting blocs that compose it. The historical predecessor of the Democratic Party is considered to be th ...
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Republican Party (United States)
The Republican Party, also referred to as the GOP ("Grand Old Party"), is one of the two major contemporary political parties in the United States. The GOP was founded in 1854 by anti-slavery activists who opposed the Kansas–Nebraska Act, which allowed for the potential expansion of chattel slavery into the western territories. Since Ronald Reagan's presidency in the 1980s, conservatism has been the dominant ideology of the GOP. It has been the main political rival of the Democratic Party since the mid-1850s. The Republican Party's intellectual predecessor is considered to be Northern members of the Whig Party, with Republican presidents Abraham Lincoln, Rutherford B. Hayes, Chester A. Arthur, and Benjamin Harrison all being Whigs before switching to the party, from which they were elected. The collapse of the Whigs, which had previously been one of the two major parties in the country, strengthened the party's electoral success. Upon its founding, it supported c ...
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Wisconsin State Journal
The ''Wisconsin State Journal'' is a daily newspaper published in Madison, Wisconsin by Lee Enterprises. The newspaper, the second largest in Wisconsin, is primarily distributed in a 19 county region in south-central Wisconsin. As of September 2018, the ''Wisconsin State Journal'' had an average weekday circulation of 51,303 and an average Sunday circulation of 64,820. The ''State Journal'' is the state's official newspaper of record, and statutes and laws passed are regarded as official seven days after the publication of a state legal notice. The State Journal's editorial board earned the newsroom's first Pulitzer finalist honor in 2008 for its "persistent, high-spirited campaign against abuses in the governor's veto power." The state's constitution was amended after the innovative, multi-media editorial campaign and the governor's veto power was limited. The staff of the ''Wisconsin State Journal'' was also a finalist for the Pulitzer Prize for Breaking News Reporting in 20 ...
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Wisconsin State Legislature
The Wisconsin Legislature is the state legislature of the U.S. state of Wisconsin. The Legislature is a bicameral body composed of the upper house, Wisconsin State Senate, and the lower Wisconsin State Assembly, both of which have had Republican majorities since January 2011. With both houses combined, the legislature has 132 members representing an equal number of constituent districts. The Legislature convenes at the state capitol in Madison. The current sitting is the 105th Wisconsin Legislature. History The United States first organized Wisconsin in 1787 under the Northwest Ordinance after Great Britain yielded the land to them in the Treaty of Paris. It became the Wisconsin Territory in 1836 and a U.S. state on May 29, 1848.Highlights of History in Wisconsin
Wisconsin Blue Book 2011-2012 (accessed Ap ...
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Wisconsin State Senate
The Wisconsin Senate is the upper house of the Wisconsin State Legislature. Together with the larger Wisconsin State Assembly they constitute the legislative branch of the state of Wisconsin. The powers of the Wisconsin Senate are modeled after those of the U.S. Senate. The Wisconsin Constitution ties the size of the State Senate to that of the Assembly, by limiting its size to no less than 1/4, nor more than 1/3, of the size of the Assembly. Currently, Wisconsin is divided into 33 Senate Districts (1/3 of the current Assembly membership of 99) apportioned throughout the state based on population as determined by the decennial census, for a total of 33 senators. A Senate district is formed by combining three Assembly districts. Similar to the U.S. Senate, in addition to its duty of reviewing and voting on all legislation passed through the legislature, the State Senate has the exclusive responsibility of confirming certain gubernatorial appointments, particularly cabinet secretari ...
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Wisconsin Constitution
The Constitution of the State of Wisconsin is the governing document of the U.S. State of Wisconsin. It establishes the structure and function of state government, describes the state boundaries, and declares the rights of state citizens. The Wisconsin Constitution was written at a constitutional convention held in Madison, Wisconsin, in December 1847 and approved by the citizens of Wisconsin Territory in a referendum held in March 1848. Wisconsin was admitted to the United States on May 29, 1848. Although it has been amended over a hundred times, the original constitution ratified in 1848 is still in use. This makes the Wisconsin Constitution the oldest U.S. state constitution outside of New England. Only Massachusetts, New Hampshire, Vermont, Maine, and Rhode Island use older constitutions. The current Wisconsin Constitution contains a brief preamble and fourteen articles detailing the state government, its powers, and its limitations. Creation of the Wisconsin Constitutio ...
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Wisconsin State Assembly
The Wisconsin State Assembly is the lower house of the Wisconsin Legislature. Together with the smaller Wisconsin Senate, the two constitute the legislative branch of the U.S. state of Wisconsin. Representatives are elected for two-year terms, elected during the fall elections. If a vacancy occurs in an Assembly seat between elections, it may be filled only by a special election. The Wisconsin Constitution limits the size of the State Assembly to between 54 and 100 members inclusive. Since 1973, the state has been divided into 99 Assembly districts apportioned amongst the state based on population as determined by the decennial census, for a total of 99 representatives. From 1848 to 1853 there were 66 assembly districts; from 1854 to 1856, 82 districts; from 1857 to 1861, 97 districts; and from 1862 to 1972, 100 districts. The size of the Wisconsin State Senate is tied to the size of the Assembly; it must be between one-fourth and one-third the size of the Assembly. Presently, t ...
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State Treasurer
In the state governments of the United States, 48 of the 50 states have the executive position of treasurer. New York abolished the position in 1926; duties were transferred to 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 ...
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Wisconsin Department Of Revenue
The Wisconsin Department of Revenue (DOR) is an agency of the Wisconsin state government responsible for the administration of all tax laws, as well as valuing property and overseeing the wholesale distribution of alcoholic beverages and enforcement of liquor laws. The Department also administers the state's unclaimed property program and the state lottery. The department headquarters are located at the State Revenue Building in south central Madison, Wisconsin. The current Secretary of the Wisconsin Department of Revenue is Peter Barca. He was appointed by Governor Tony Evers on January 8, 2019. History In the late 19th century, as the economy was shifting, Wisconsin's farmers began to raise concerns that the property-based tax system placed a disproportionate burden on them while many newer industries and corporations were able to escape taxation by hiding their property in other financial instruments. Milwaukee attorney Kossuth Kent Kennan, then a tax attorney working for t ...
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