Missouri Treasurer

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Missouri Treasurer
General information
Office Type:  Partisan
Office website:  Official Link
2012-2013 FY Budget:  $58,052,472
Term limits:  Two terms
Structure
Length of term:   4 years
Authority:  Missouri Constitution, Article IV, Section 12 the Executive Department
Selection Method:  Elected
Current Officeholder

Clint Zweifel.jpg
Name:  Clint Zweifel
Officeholder Party:  Democratic
Assumed office:  January 12, 2009
Compensation:  $107,746
Elections
Next election:  November 2016
Last election:  November 6, 2012
Other Missouri Executive Offices
GovernorLieutenant GovernorSecretary of StateAttorney GeneralTreasurerAuditorCommissioner of EducationAgriculture DirectorInsurance DirectorNatural Resources DirectorLabor DirectorPublic Service Commission
The Treasurer of the State of Missouri is the chief financial officer of the government of Missouri.

The treasurer is responsible for maintaining the state funds by investing and maintaining the state budget. The department is divided into separate divisions, unclaimed property, savings programs and investments. The treasurer's office is the agency that give state money to local governments and invests state moneys as needed.

The treasurer is elected every four years.

Current officeholder

The current treasurer of Missouri is Clint Zweifel, a Democrat, who was first elected in 2008 and re-elected in 2012.

Authority

The state Constitution addresses the office of state treasurer in Article IV, the Executive Department.

Under Article IV, Section 15:

The state treasurer shall be custodian of all state funds and funds received from the United States government...

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 Missouri 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.

Elections

Missouri state government organizational chart

Missouri elects treasurers in the Presidential elections, that is, in leap years. For Missouri, 2016 is a treasurer election year.

2012

See also: Missouri down ballot state executive elections, 2012

Incumbent state treasurer Clint Zweifel (D) defeated Cole McNary (R) and Sean O'Toole (L) in the general election on November 6, 2012.[1]

  • 2012 General Election for Missouri Treasurer
Missouri Treasurer General Election, 2012
Party Candidate Vote % Votes
     Democratic Green check mark transparent.pngClint Zweifel Incumbent 50.4% 1,332,876
     Republican Cole McNary 45.4% 1,200,368
     Libertarian Sean O'Toole 4.1% 109,188
Total Votes 2,642,432
Election Results via Missouri Secretary of State.


Term limits

The treasurer is limited to two terms, but not necessarily consecutive.

Vacancies

Note: Ballotpedia's state executive officials project researches the constitutional or statutory text that details the process of filling vacancies for a state executive office. That information for the Missouri 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.

Duties

Article IV, Section 15 of the state Constitution outlines the following duties of the treasurer:

  • Custodian of all state and federal funds
  • "Deposit all moneys in the state treasury in banking institutions selected by him and approved by the governor and state auditor, and he shall hold them for the benefit of the respective funds to which they belong and disburse them as provided by law."
  • Determine by the exercise of his best judgment the amount of moneys in his custody that are not needed for current expenses and shall place all such moneys on time deposit, bearing interest, in banking institutions in this state"
  • Enter into repurchase agreements
  • Invest in banker's acceptances
  • "Prepare, maintain and adhere to a written investment policy"

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 Missouri 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 Attorney General's budget for 2012-2013 was $58,052,472.[2]

Compensation

Article IV, Section 21 of the state Constitution addresses compensation of executive officials:

Under Article IV, Section 21:

The officers named in this article shall receive for their services salaries fixed by law, which shall not be increased or diminished during their terms.

2014

In 2014, the treasurer earned a salary of $107,746, according to the Council of State Governments.[3]

2013

In 2013, the treasurer's salary remained $107,746.[4]

2010

In 2010, the Missouri Treasurer was paid an estimated $107,746 according to the Council of State Governments.[5]

Historical officeholders

Since 1820, Missouri has had 45 state treasurers. Of those 45, 36 have been Democrats and 9 have been Republicans.[6]

Recent news

This section displays the most recent stories in a Google news search for the term Missouri + State + Treasurer

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

Missouri Treasurer News Feed

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Contact information

Missouri State Treasurer's Office
P.O. Box 210
Jefferson City, MO 65102

Phone: (573) 751-8533
Fax: (573) 751-0343

See also

External links

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References