Oregon Treasurer
| Oregon Treasurer | |
| General information | |
| Office Type: | Partisan |
| Office website: | Official Link |
| 2011-2013 FY Budget: | $38,498,684 |
| Term limits: | 8 years in a 12 year period |
| Structure | |
| Length of term: | 4 years |
| Authority: | Oregon Constitution, Article VI, Section 1 |
| Selection Method: | Elected |
| Current Officeholder | |
| Name: | Ted Wheeler |
| Officeholder Party: | Democratic |
| Assumed office: | March 11, 2010 |
| Compensation: | $72,000 |
| Elections | |
| Next election: | November 8, 2016 |
| Last election: | November 6, 2012 |
| Other Oregon Executive Offices | |
| Governor • Secretary of State • Attorney General • Treasurer • Auditor • Superintendent of Education • Agriculture Commissioner • Insurance Commissioner • Natural Resources Commissioner • Labor Commissioner • Public Service Commission | |
Contents |
Current officeholder
The current treasurer of Oregon is Ted Wheeler. He was first appointed to the position on March 11, 2010 to the unexpired term of former treasurer Ben Westlund, and was officially elected to a partial term on November 2, 2010.[1] He won re-election in 2012.
Authority
The office of Oregon Treasurer is established in Article VI, Section 1 of the Oregon Constitution.
Article VI, Section 1:
| There shall be elected by the qualified electors of the State, at the times and places of choosing Members of the Legislative Assembly, a Secretary, and Treasurer of State, who shall severally hold their offices for the term of four years; but no person shall be eligible to either of said offices more than Eight in any period of Twelve years. |
Elections
The secretary of state is elected every four years, in Presidential election years. The office were up for election in 2012, 2016, and 2020.
2012
Incumbent Ted Wheeler (D) defeated Tom Cox (R) and three third party challengers to win re-election on November 6, 2012.
- 2012 General Election Results for Oregon Treasurer
| Oregon Treasurer General Election, 2012 | ||||
|---|---|---|---|---|
| Party | Candidate | Vote % | Votes | |
| Democratic | 57.9% | 955,213 | ||
| Republican | Tom Cox | 37% | 609,989 | |
| Progressive | Cameron Whitten | 2.4% | 38,762 | |
| Libertarian | John Mahler | 1.8% | 30,002 | |
| Constitution | Michael Paul Marsh | 0.9% | 15,415 | |
| Total Votes | 1,649,381 | |||
| Election Results via Oregon Secretary of State. | ||||
Term limits
In Oregon, the office of treasurer is subject to term limits. As specified in Article VI, § 1 of the Oregon State Constitution, an office holder is allowed to remain in the position for eight years in a twelve year period.
Vacancies
Article 5, Section 16 of the state constitution outlines how vacancies in the office are to be filled. The governor fills any vacancy by appointment that expires when a successor has been elected and qualified.
Duties
The official duties of the office are outlined in Chapter 178 of the Oregon Statutes:[2]
- Keep the office at the seat of government.
- Receive and have charge of all moneys paid into the State Treasury.
- Pay out moneys from the State Treasury as directed by law.
- Permit the books, papers and transactions of the office to be open at all times to inspection and examination by the Governor, Secretary of State, the legislature and any committee of either branch of the legislature.
- Deliver over to the successor in office all moneys, books, papers, furniture and other effects belonging to or preserved in the office.
- Perform all other duties imposed upon the State Treasurer by law.
Divisions
The Oregon Treasurer's office is organized into several distinct divisions:[3]
- Debt Management
- Executive
- Finance
- Information Services
- Investment
- Oregon 529 College Savings Network
State budget
The budget for the Treasurer's office in Fiscal Year 2011-2013 was $38,498,684.[4]
Compensation
- See also: Compensation of state executive officers
In 2012, the Oregon Treasurer was paid an estimated $72,000 according to the Council of State Governments.
Contact Information
Oregon State Treasurer's Office
350 Winter Street NE, Suite 100
Salem, OR 97301-3896
Phone: 503-378-4329
See also
- Treasurer
- Ted Wheeler
- Oregon Governor Ted Kulongoski
- Lieutenant Governor of Oregon
- Oregon Attorney General
- Oregon Secretary of State
External links
References
- ↑ ost.state.OR.us, "Oregon State Treasury: Ted Wheeler, State Treasurer," accessed September 20, 2011
- ↑ Oregon Statutes, "180.050: Duties of the State Treasurer," accessed September 29, 2011
- ↑ Ost.state.OR.us, "Oregon State Treasury: Divisions," accessed September 29, 2011
- ↑ Oregon Legislative Fiscal Office, "Analysis in the 2011-13 Legislatively Adopted Budget," accessed April 10, 2013
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