Michigan Treasurer

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Michigan Treasurer
General information
Office Type:  Nonpartisan
Office website:  Official Link
2013 FY Budget:  $2,794,907,600
Term limits:  None
Structure
Authority:  Michigan Constitution, Article V, Section 3 the Executive Department
Selection Method:  Appointed by the governor
Current Officeholder

Kevin Clinton.JPG
Name:  Kevin Clinton
Assumed office:  2013
Compensation:  $174,204
Other Michigan Executive Offices
GovernorLieutenant GovernorSecretary of StateAttorney GeneralTreasurerAuditorSuperintendent of Public InstructionDirector of Agriculture and Rural DevelopmentInsurance CommissionerNatural Resources DirectorLabor DirectorPublic Service Commission

The Michigan Treasurer is a state executive position in the Michigan state government.

The office of the state treasurer collects, invests, and disburses all state money. The treasury additionally administers major tax and property laws and safeguards the state's credit.[1]

Current officeholder

The current state treasurer is Kevin Clinton. He was appointed to the position by Republican Gov. Rick Snyder, effective Nov. 1, 2013. Clinton was the Michigan Commissioner of Insurance until previous state treasurer Andy Dillon resigned on Oct. 10, 2013 and Snyder tapped Clinton as his replacement.[2][3]

Authority

The state Constitution addresses the office of the Treasurer in Article V, the Executive Department.

Under Article V, Section 3:

The single executives heading principal departments shall include a secretary of state, a state treasurer and an attorney general...

Qualifications

Note: Ballotpedia's state executive officials project researches the constitutional or statutory text that establishes the requirements necessary to qualify for a state executive office. That information for the Michigan Treasurer has not yet been added. After extensive research we were unable to identify any relevant information on state official websites. If you have any additional information about this office for inclusion on this section and/or page, please email us.

Appointments

Michigan state government organizational chart

The Treasurer is appointed by the Governor.

Vacancies

Since treasurer is one of the three constitutional executive department heads that make up the Executive Branch, its vacancy contingencies are clearly addressed in Article V, Section 6 of the state constitution. The section states that the appointment can be rejected if a majority of state senators vote against it, with the window to reject open for "60 session days after the date of such appointment. Any appointment not disapproved within such period shall stand confirmed."

Duties

The Treasurer is responsible for managing all state funds.[4] This includes:[1]

  • Administers major tax laws and property tax laws
  • Safeguarding the credit of the state and its local units of government
  • Investing retirement funds of Michigan's state employees, public school employees, state police and judges
  • Distributing revenue sharing monies to local units of government
  • Auditing municipal finance records
  • Reuniting abandoned property with its rightful owner.

Divisions

Note: Ballotpedia's state executive officials project researches state official websites for information that describes the divisions (if any exist) of a state executive office. That information for the Michigan Treasurer has not yet been added. After extensive research we were unable to identify any relevant information on state official websites. If you have any additional information about this office for inclusion on this section and/or page, please email us.

State budget

The Department of Treasury's budget for the 2013 fiscal year was $2,794,907,600.[5]

Compensation

See also: Compensation of state executive officers

2013

In 2013, the treasurer's salary remained at $174,204.[6]

2012

In 2012, the Michigan Treasurer was paid an estimated $174,204 according to the Council of State Governments.

Historical officeholders

There have been 44 Michigan Treasurer since 1836.[7]

List of Former Officeholders from 1836-Present
# Name Tenure
1 Henry Howard 1836-1839
2 Peter Desnoyer 1839-1840
3 Robert Stuart 1840-1841
4 George W. Jermain 1841-1842
5 John J. Adam 1842-1845
6 George R. Redfield 1845-1846
7 George B. Cooper 1846-1850
8 Bernard C. Whittemore 1850-1854
9 Silas M. Holmes 1855-1858
10 John McKinney 1859-1860
11 John Owen 1861-1866
12 Ebenezer O. Grosvenor 1867-1870
13 Victory P. Collier 1871-1874
14 William B. McCreery 1875-1878
15 Benjamin D. Pritchard 1879-1882
16 Edward H. Butler 1883-1886
17 George L. Maltz 1887-1890
18 Frederick Braastad 1891-1892
19 Joseph F. Hambitzer 1893-1894
20 James M. Wilkinson 1894-1896
21 George A. Steel 1897-1900
22 Daniel McCoy 1901-1904
23 Frank P. Glazier 1905-1908
24 John T. Rich 1908-1990
25 Albert E. Sleeper 1909-1912
26 John W. Haarer 1913-1916
27 Samuel Odell 1917-1919
28 Frank E. Gorman 1919-1924
29 Frank D. McKay 1925-1930
30 Howard C. Lawrence 1931-1932
31 Theodore I. Fry 1933-1938
32 Miller Dunckel 1939-1940
33 Theodore I. Fry 1941-1942
34 D. Hale Brake 1943-1954
35 Sanford A. Brown 1955-1965
36 Allison Green 1965-1978
37 Loren E. Monroe 1978-1982
38 Robert A. Bowman 1983-1991
39 Douglas B. Roberts 1991-1998
40 Mark A. Murray11 1999-2001
41 Douglas B. Roberts 2001-2002
42 Jay B. Rising 2003-2006
43 Robert Kleine 2006-2011
44 Andy Dillon 2011-

Recent news

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Michigan Treasurer News Feed

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Contact information

Michigan Department of Treasury
Lansing, Michigan 48922
Phone: (517) 373-3200

See also

External links

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References