Iowa Treasurer of State

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Iowa

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The Treasurer of the State of Iowa is the chief financial officer of the government of Iowa.

Current officeholder

The current treasurer of Iowa is Michael L. Fitzgerald.

Elections

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.

Duties

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.

Compensation

See also: Compensation of state executive officers

2012

In 2012, the treasurer was paid an estimated $103,212. This figure comes from the Council of State Governments.

Contact Information

Iowa State Treasurer's Office
Capitol Building
Des Moines, IA 50319

Phone: 515-281-5368
Fax: 515-281-7562
Email: treasurer@iowa.gov

See also

External links

References


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