|Office website:||Official Link|
|Length of term:||4 years|
|Authority:||Idaho Constitution, Article IV, Section 1|
|Name:||Ron G. Crane|
|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|
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.
The office of treasurer is established by the Idaho Constitution.
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
- at least 25 years old
- a United States citizen
- a resident of Idaho at least two years prior to the election
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.
- See also: States with gubernatorial 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. 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.."
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:
- Debt Management
- Workers' Compensation Indemnity Deposits
- Unclaimed Property Division
- See also: Compensation of state executive officers
Idaho State Treasurer's Office
700 West Jefferson
Boise, Idaho 83702
Phone: (208) 334-3200
Fax: (208) 332-2959