Idaho Treasurer
| Idaho Treasurer | |
 | |
| General information | |
| Office Type: | Partisan |
| Office website: | Official Link |
| Term limits: | None |
| Structure | |
| Length of term: | 4 years |
| Authority: | Idaho Constitution, Article IV, Section 1 |
| Selection Method: | Elected |
| Current Officeholder | |
 | |
| Name: | Ron G. Crane |
| Officeholder Party: | Republican |
| Assumed office: | 1999 |
| Compensation: | $93,756 |
| Elections | |
| Next election: | November 4, 2014 |
| Last election: | November 2, 2010 |
| Other Idaho Executive Offices | |
| Governor • Lieutenant Governor • Secretary of State • Attorney General • Treasurer • Controller • Superintendent of Public Instruction • Agriculture Director • Insurance Director • Director of Lands • Labor Director • Public Utilities Commission | |
Contents |
Current officeholder
The current treasurer is Ron G. Crane, a Republican, who was first elected on November 3, 1998, took office on January 4, 1999, and has been re-elected three times since. Crane's current term began on January 3, 2011, and will end on January 5, 2015. He will come up for re-election next in 2014.
Before becoming treasurer, Crane served 16 years as a member of the Idaho House of Representatives (1983-1998). Prior to entering public service, he ran his own business, Crane Alarm Service, which he founded in 1979. Crane and his wife, Cheryl, have six chidren.[1]
Authority
The office of treasurer is established by the Idaho Constitution.
Idaho Constitution, Article IV, Section 1
|
The executive department shall consist of a governor, lieutenant governor, secretary of state, state controller, state treasurer, attorney general and superintendent of public instruction, each of whom shall hold his office for four years |
Qualifications
Per Article IV, Section 3 of the Idaho Constitution, a candidate for treasurer is required to be:
- at least 25 years old
- a United States citizen
- a resident of Idaho at least two years prior to the election
Idaho Constitution, Article IV, Section 3
|
No person shall be eligible ... to the office of ... state treasurer, unless he shall have attained the age of thirty years, and have been admitted to practice in the Supreme Court of the state or territory of Idaho, and be in good standing at the time of his election. In addition to the qualifications above described each of the officers named shall be a citizen of the United States and shall have resided within the state or territory two years next preceding his election. |
Elections
Idaho elects treasurers to four year terms in federal midterm election years, that is, even years that are not presidential election years. Thus, 2006, 2010, 2014, and 2018 are all election years. Winners take office on the first Monday in the January following an election. Thus, January 3, 2011 and January 5, 2015 are inaugural days.
If two candidates ever tie in the general election, a joint session of the legislature chooses the winner by a majority vote.
Term limits
- See also: States with gubernatorial term limits
There are no term limits for this office. Out of all of Idaho's state executives, only the Idaho Controller faces term limits.
Vacancies
Per Article IV, Section 6 of the Idaho Constitution, the governor appoints a replacement to any state office where a vacancy occurs, subject to the approval of the Idaho Senate. The appointee serves until the next general election.
Duties
The treasurer is the chief financial officer and banker of monies collected by Idaho.[2] The treasurer's duties include "receiving all state monies, redeeming warrants, accounting for the receipt and disbursement of public funds, investing idle state monies, issuing state tax anticipation notes, investing local government and agency monies and acting as custodian for worker’s compensation insurance securities on deposit with the state and custodian of the Endowment Public School Income Fund.."[2]
The treasurer also serves on a number of state boards and commissions, including the Board of Canvassers, the Commemorative Silver Medallion Committee, the Bank Bond Board, the College Savings Program Board, and the Idaho Credit Rating Enhancement Committee.
Divisions
The department of the Idaho Treasurer's office has five main divisions as part of its services:[3]
- Banking
- Debt Management
- Investments
- Workers' Compensation Indemnity Deposits
- Unclaimed Property Division
Compensation
- See also: Compensation of state executive officers
In 2012, the Idaho Treasurer was paid an estimated $93,756. This figure comes from the Council of State Governments.
Recent news
This section displays the most recent stories in a google news search for the term Idaho + State + Treasurer + Crane
- All stories may not be relevant to this page due to the nature of the search engine.
Idaho Treasurer News Feed
- Reshaping the Right: How Right-Wing Emigrants Conquered North Idaho ... - Boise Weekly
- 10 beautiful private islands you wish you could afford [SLIDESHOW - Daily Caller]
- A Gem State in the Rough for Ambitious Republicans
- Start Saving For College At Child's Birth - KMVT
- With rising student loan interest rates, parents advised to start saving early - LocalNews8.com
- Bloomberg demands donors cut off Democrats opposed to gun control - Daily Caller
- Idaho has high marks for women-owned businesses, but not in all industries - Idaho Business Review
Cite error: <ref> tags exist, but no <references/> tag was found
Contact Information
Address:
Idaho State Treasurer's Office
700 West Jefferson
Suite 126
Boise, Idaho 83702
Phone: (208) 334-3200
Fax: (208) 332-2959
See also
External links
References
| |||||||||||||||||
| ||||||||||||||||
