Ohio Treasurer

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Ohio Treasurer
General information
Office Type:  Partisan
Office website:  Official Link
2013 FY Budget:  $41,002,957
Term limits:  Two consecutive terms
Structure
Length of term:   4 years
Authority:  Ohio Constitution, Article III, Section 1
Selection Method:  Elected
Current Officeholder

JMandel.jpg
Name:  Josh Mandel
Officeholder Party:  Republican
Assumed office:  January 10, 2011
Compensation:  $109,986
Elections
Next election:  November 6, 2018
Last election:  November 4, 2014
Other Ohio Executive Offices
GovernorLieutenant GovernorSecretary of StateAttorney GeneralTreasurerAuditorSuperintendent of EducationAgriculture CommissionerInsurance CommissionerNatural Resources CommissionerLabor CommissionerPublic Service Commission
The Ohio Treasurer is an elected executive position in the Ohio state government. As the chief financial officer of the state, the treasurer manages the state's money, and acts as the state's banker.

Current officeholder

The current treasurer of Ohio is Josh Mandel. He was first elected in 2010, after serving four years in the Ohio House of Representatives.

Authority

The state Constitution establishes the office of the treasurer in Article III, Section 1:

The executive department shall consist of a governor, lieutenant governor, secretary of state, auditor of state, treasurer of state, and an attorney general, who shall be elected on the first Tuesday after the first Monday in November, by the electors of the state, and at the places of voting for members of the General Assembly.

Qualifications

The state Constitution outlines the qualification to hold the office of treasurer in Article VX, Section 4:

No person shall be elected or appointed to any office in this state unless possessed of the qualifications of an elector.

  • resident of Ohio
  • a qualified elector
  • at least 18 years old

Vacancies

Article III, Section 18 of the state Constitution addresses vacancies in state offices. In the event of a vacancy, the governor appoints a successor to serve until the next general election in an even numbered year that occurs more than forty days after the seat becomes vacant.

Duties

The treasurer is the chief financial officer of the state and serves as the state's banker. The most important duty of the treasury is to safeguard the taxpayer's money in Ohio. The office is responsible, among other things, for:

  • managing more than $160 billion in financial assets
  • investing the state's money and manage an investment portfolio that exceeds $15 billion
  • tracking and maintaining a database of all unclaimed property in Ohio
  • providing financial advice to state agencies
  • providing financial education and resources

Elections

Ohio state government organizational chart

According to Article III, Section 1 of the state Constitution, the treasurer in Ohio is elected every four years, in mid-term election years. For the treasurer in Ohio, 2010, 2014, and 2018 are election years.

Term limits

The treasurer is limited to two successive terms of four years. An individual may seek another term in office after a period of four or more years has elapsed.

Full History

2014

See also: Ohio down ballot state executive elections, 2014

Republican Josh Mandel won re-election on November 4, 2014.

Ohio Treasurer, 2014
Party Candidate Vote % Votes
     Republican Green check mark transparent.pngJosh Mandel Incumbent 56.7% 1,703,418
     Democratic Connie Pillich 43.3% 1,299,230
Total Votes 3,002,648
Election Results via New York Times. Vote totals above are unofficial and reflect 100% precincts reporting.

Divisions

  • Accounting
  • Administration
  • Communications
  • Community Affairs
  • Community Education and Engagement
  • Constituent Affairs
  • Office of Debt Management
  • Economic Development
  • Human Resources and Fiscal Services
  • Information Technology Services
  • Internal Audit
  • Investments
  • Legal
  • Legislative Affairs
  • Policy and Research
  • Revenue Management
  • Trust

State budget

The budget for the Treasury Department in Fiscal Year 2013 was $41,002,957.[1]

Compensation

See also: Compensation of state executive officers

2013

In 2013, the Ohio Treasurer was paid an estimated $109,986. This figure comes from the Council of State Governments.[2]

2010

In 2010, the Ohio Treasurer was paid an estimated $109,554 according to the Council of State Governments.[3]

Historical officeholders

Since the office was created in 1796, Ohio has had 47 treasurers. Rudolph W. Archer served twice, first from 1915-1917, and again from 1919-1923.

Click "show" for former officeholders.

Recent news

This section displays the most recent stories in a google news search for the term Ohio + Treasurer

All stories may not be relevant to this page due to the nature of the search engine.

Ohio Treasurer News Feed

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Contact Information

Ohio State Treasurer
30 E. Broad Street, 9th Floor
Columbus, Ohio 43215-3461

Phone: (614) 466-2160

See also

External links

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Suggest a link

The Office of the Ohio State Treasurer

References