Iowa Treasurer of State
Iowa State Executives
| Governor • Lieutenant Governor |
Secretary of State • Attorney General
Treasurer • Auditor
Secretary of Agriculture
The treasurer is responsible for maintaining the state funds and acting as the state's bank. The main duty of the office include receiving and distributing state funds as needed. The office invests the state money as it sees fit, maintains the accounts of the state and coordinates financial planning. The office is also responsible for all unclaimed property in the state, they keep track of bonds issued and the treasurer sits on many boards.
The current treasurer of Iowa is Michael L. Fitzgerald.
According to Article 4, Section 22 of the Iowa Constitution, the Treasurer, along with the Secretary of State and Auditor, are elected to serve for a term of four years in length, which runs concurrently with the term of the governor. The election is held in November and the statewide official takes office the following January.
Article 4, Section 22:
|A secretary of state, an auditor of state and a treasurer of state shall be elected by the qualified electors at the same time that the governor is elected and for a four-year term commencing on the first day of January next after their election, and they shall perform such duties as may be provided by law.|
- See also: Compensation of state executive officers
Iowa State Treasurer's Office
Des Moines, IA 50319