South Dakota Treasurer
| South Dakota State Treasurer | |
 | |
| General information | |
| Office Type: | Partisan |
| Office website: | Official Link |
| 2013 FY Budget: | $12,155,385 |
| Term limits: | Two consecutive terms |
| Structure | |
| Length of term: | 4 years |
| Authority: | South Dakota Constitution, Article 4, Section 7 |
| Selection Method: | Elected |
| Current Officeholder | |
 | |
| Name: | Richard Sattgast |
| Officeholder Party: | Republican |
| Assumed office: | January 2011 |
| Compensation: | $78,363 |
| Elections | |
| Next election: | November 4, 2014 |
| Last election: | November 2, 2010 |
| Other South Dakota Executive Offices | |
| Governor • Lieutenant 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 officeholder is Richard Sattgast.
Authority
The treasurer's office is established in Article 4, Section 7 of the South Dakota Constitution.
Article IV, Section 7:
| There shall be chosen by the qualified electors of the state at the general election of the Governor and every four years thereafter the following constitutional officers: attorney general, secretary of state, auditor, treasurer, and commissioner of school and public lands, who shall severally hold their offices for a term of four years. Commencing with the 1992 general election, no person may be elected to more than two consecutive terms as attorney general, secretary of state, auditor, treasurer, or commissioner of school and public lands. |
Elections
Article IV, Section 7 specifies that the offices of attorney general, secretary of state, auditor, treasurer, and commissioner of school and public lands are to be elected every four years.
Term limits
Article IV, Section 7 also prevents any person from being elected to more than two consecutive terms as attorney general, secretary of state, auditor, treasurer, or commissioner of school and public lands.
Vacancies
Article IV, Section 3 of the state constitution grants the governor the authority to fill, by appointment, any vacancy in the office of treasurer.
Duties
The official duties of the South Dakota treasurer are outlined in Chapter 1-10, Section 1 of the South Dakota Codified Laws:
- have charge of and safely keep all public moneys which shall be paid into the state treasury
- pay out the same as directed by law
- perform such other duties as are required of him by law[1]
State budget
The budget for the State Treasurer's office in Fiscal Year 2013 was $12,155,385.[2]
Compensation
In 2010, the South Dakota Treasurer was paid an estimated $78,363 according to the Council of State Governments.[3]
Contact information
Office of the State Treasurer: South Dakota
500 E. Capitol Avenue
Pierre, SD 57501-5070
Phone: (605) 773-3378
Unclaimed property: (605) 773-2547
See also
External links
References
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