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In the
state governments of the United States State governments of the United States are institutional units exercising functions of government at a level below that of the federal government. Each U.S. state's government holds legislative, executive, and judicial authority over a defined ...
, 48 of the 50 states have the
executive Executive ( exe., exec., execu.) may refer to: Role or title * Executive, a senior management role in an organization ** Chief executive officer (CEO), one of the highest-ranking corporate officers (executives) or administrators ** Executive di ...
position of treasurer.
New York New York most commonly refers to: * New York City, the most populous city in the United States, located in the state of New York * New York (state), a state in the northeastern United States New York may also refer to: Film and television * '' ...
abolished the position in 1926; duties were transferred to
New York State Comptroller The New York State Comptroller is an elected constitutional officer of the U.S. state of New York (state), New York and head of the government of New York (state), New York state government's Department of Audit and Control. The New York State C ...
.
Texas Texas (, ; Spanish: ''Texas'', ''Tejas'') is a state in the South Central region of the United States. At 268,596 square miles (695,662 km2), and with more than 29.1 million residents in 2020, it is the second-largest U.S. state by ...
abolished the position of
Texas State Treasurer Texas State Treasurer was an elected constitutional officer in the executive branch of the state government of Texas, responsible for overseeing the financial operations of state government. The position was established in the Constitution of ...
in 1996, transferring the duties of that office to the
Texas Comptroller of Public Accounts The Texas Comptroller of Public Accounts is an executive branch position created by the Texas Constitution. The comptroller is popularly elected every four years, and is primarily tasked with collecting all state tax revenue and estimating the a ...
. 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 surplus A balanced budget (particularly that of a government) is a budget in which revenues are equal to expenditures. Thus, neither a budget deficit nor a budget surplus exists (the accounts "balance"). More generally, it is a budget that has no budget ...
es and deficits. The position has powers and responsibilities similar to those of the
United States Secretary of the Treasury The United States secretary of the treasury is the head of the United States Department of the Treasury, and is the chief financial officer of the federal government of the United States. The secretary of the treasury serves as the principal a ...
and the
Treasurer of the United States The treasurer of the United States is an officer in the United States Department of the Treasury who serves as custodian and trustee of the federal government's collateral assets and the supervisor of the department's currency and coinage produc ...
, or the
chief financial officer The chief financial officer (CFO) is an officer of a company or organization that is assigned the primary responsibility for managing the company's finances, including financial planning, management of financial risks, record-keeping, and fina ...
of a
corporation A corporation is an organization—usually a group of people or a company—authorized by the state to act as a single entity (a legal entity recognized by private and public law "born out of statute"; a legal person in legal context) and ...
.


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 is appointed by the
governor A governor is an administrative leader and head of a polity or political region, ranking under the head of state and in some cases, such as governors-general, as the head of state's official representative. Depending on the type of political ...
as a member of the governor's
cabinet Cabinet or The Cabinet may refer to: Furniture * Cabinetry, a box-shaped piece of furniture with doors and/or drawers * Display cabinet, a piece of furniture with one or more transparent glass sheets or transparent polycarbonate sheets * Filin ...
.


See also

* Association of Public Treasurers of the United States and Canada * California Municipal Treasurers Association (CMTA) * California Society of Municipal Finance Officers (CSMFO) * Government Finance Officers Association (GFOA) * Government Finance Officers Association of Texas (GFOAT) *
State constitutional officer (United States) In the United States, each state and territory has constitutional officers who lead the state governments of the United States. These officers may be elected or appointed, depending on the position. The number and powers of state constitutional ...
*
List of U.S. statewide elected officials This is a list of U.S. statewide elected executive officials. These state constitutional officers have their duties and qualifications mandated in state constitutions. This list does not include those elected to serve in non-executive branches of g ...


References


External links

{{DEFAULTSORT:State Treasurer
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 ...