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Idaho Treasurer

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Idaho Treasurer
General information
Office Type:  Partisan
Office website:  Official Link
Term limits:  None
Length of term:   4 years
Authority:  Idaho Constitution, Article IV, Section 1
Selection Method:  Elected
Current Officeholder

Ron Crane.gif
Name:  Ron G. Crane
Officeholder Party:  Republican
Assumed office:  1999
Compensation:  $93,756
Next election:  November 4, 2014
Last election:  November 2, 2010
Other Idaho Executive Offices
GovernorLieutenant GovernorSecretary of StateAttorney GeneralTreasurerControllerSuperintendent of Public InstructionAgriculture DirectorInsurance DirectorDirector of LandsLabor DirectorPublic Utilities Commission
The Treasurer of the State of Idaho is the chief financial officer of the government of Idaho. The treasurer is responsible for maintaining state funds and acting as the state's bank. The treasurer collects all monies owed to the state, accounts for and disperses public funds where needed, and invests the state's and local government's money. The office is also responsible for administering several programs, such as savings and loans for students and small businesses.

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]


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


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.


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.


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.


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.


The department of the Idaho Treasurer's office has five main divisions as part of its services:[3]


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.

Contact Information

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

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