Michigan Treasurer
| Michigan Treasurer | |
 | |
| General information | |
| Office Type: | Non-partisan |
| Office website: | Official Link |
| Term limits: | None |
| Structure | |
| Authority: | Michigan Constitution, Article V, Section 3 the Executive Department |
| Selection Method: | Appointed by the governor |
| Current Officeholder | |
 | |
| Name: | Andy Dillon |
| Assumed office: | 2011 |
| Compensation: | $174,204 |
| Other Michigan Executive Offices | |
| Governor • Lieutenant Governor • Secretary of State • Attorney General • Treasurer • Auditor • Superintendent of Public Instruction • Director of Agriculture and Rural Development • Insurance Commissioner • Natural Resources Director • Labor Director • Public Service Commission | |
Contents |
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 officeholder is Andy Dillon. He was appointed to the position in 2011 by Republican Gov. Rick Snyder.
Authority
The state Constitution addresses the office of the Treasurer in Article V, the Executive Department.
Under Article V, Section 3:
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The single executives heading principal departments shall include a secretary of state, a state treasurer and an attorney general... |
Appointments
The Treasurer is appointed by the Governor.
Duties
The Treasurer is responsible for managing all state funds.[2] 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.
Compensation
- See also: Compensation of state executive officers
In 2012, the Michigan Treasurer was paid an estimated $174,204 according to the Council of State Governments.
Contact information
Michigan Department of Treasury
Lansing, Michigan 48922
Phone: (517) 373-3200
See also
External links
References
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