Difference between revisions of "Nevada State Treasurer"

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{{Stategov}}{{TOCnestright}}The '''Treasurer of the State of Nevada''' is the chief financial officer of the government of [[Nevada]].
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{{SEO office infobox
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|State = Nevada
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|Office=State Treasurer
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|Office type =  Partisan
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|Image =NV Treasurer logo.JPG
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|Office website = https://nevadatreasurer.gov/index.htm
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|Budget = 668,781
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|Budget year = 2012-2013
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|Seats =
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|Term limits = 2 terms
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|Length of term = 4 years
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|Authority =[[Article 5, Nevada Constitution#Section 19|Nevada Constitution, Article V, Section 19]]
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|Selected =  Elected
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|Chair =
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|Current officeholder = Kate Marshall
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|Partisan = Democratic
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|Officeholder image = Kate Marshall.jpg
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|Assumed office = 2007
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|Compensation = 97,000
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|Next election =[[Nevada down ballot state executive elections, 2014|November 4, 2014]]
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|Last election=November 2, 2010
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|Other offices = [[Governor of Nevada|Governor]] • [[Lieutenant Governor of Nevada|Lieutenant Governor]] • [[Nevada Secretary of State|Secretary of State]] • [[Nevada Attorney General|Attorney General]] • [[Nevada Treasurer|Treasurer]] • [[Nevada Controller|Controller]] • [[Nevada Superintendent of Public Instruction|Superintendent of Public Instruction]] • [[Nevada Director of Agriculture|Agriculture Director]] • [[Nevada Commissioner of Insurance|Insurance Commissioner]] • [[Nevada Director of Conservation and Natural Resources|Director of Conservation and Natural Resources]] • [[Nevada Commissioner of Labor|Labor Commissioner]] • [[Nevada Public Utilities Commission|Public Utilities Commission]] • [[Nevada Director of Employment, Training and Rehabilitation|Employment, Training and Rehabilitation]]
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}}{{TOCnestright}}The '''Treasurer of the State of Nevada''' is the chief financial officer of the government of [[Nevada]].
  
The treasurer is responsible for maintaining the state funds by investing and maintaining the state budget.  The department's main function is to invest state funds, manage college savings plans, keep records of unclaimed property and to ensure money is paid by the state as needed and sufficient records are maintained.  
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The treasurer is responsible for maintaining the state funds by investing and maintaining the state budget.  The department's main function is to invest state funds, manage college savings plans, keep records of unclaimed property and to ensure money is paid by the state as needed and sufficient records are maintained.<ref name="aboutus"> [https://nevadatreasurer.gov/AboutUs.htm ''Nevada Treasurer,'' " About us," accessed August 27, 2013] </ref>
  
 
The treasurer is elected every four years.
 
The treasurer is elected every four years.
  
The current treasurer of Nevada is [[Kate Marshall]].
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==Current officeholder==
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The current treasurer of Nevada is [[Kate Marshall]]. She was first elected in 2006 and is serving in her second term.<ref name="bio">[https://nevadatreasurer.gov/KateMarshallBio.htm ''Official biography of Kate Marshall'']</ref>
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==Authority==
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The [[Nevada Constitution|state Constitution]] addresses the office of the state treasurer in [[Article 5, Nevada Constitution#Section 19|Article V, the Executive Department]].
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Under Article V, Section 19:
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{| style="width:40%; background:#e5e4e2; margin-top:.1em; border:.5px solid #cccccc; solid;"
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|color:#000"|
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|-
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|
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''A Secretary of State, a Treasurer, a Controller, and an Attorney General, shall be elected at the same time and places, and in the same manner as the Governor.''
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|}
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==Qualifications==
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There are no specific qualifications for this office.
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==Elections==
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The State Treasurer [[Nevada]] is a publicly elected official who serves a term of four years in length. As specified in [[Article 5, Nevada Constitution#Section 19|Article V, Section 19 of the Nevada State Constitution]], a term-limit of two four year terms is imposed on those who occupy this statewide position.
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==Vacancies==
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As established by [[Article 5, Nevada Constitution#Section 8|Article 5, Section 8]] of the [[Nevada Constitution]], in the event of a vacancy, the governor fills the office by appointment. The appointee serves until a successor is elected and qualified.
  
 
==Duties==
 
==Duties==
The treasurer is a member of the State Board of Finance and serves as chair of the Board of Trustees of the College Savings Plan of Nevada. The treasurer also serves as administrator of the Municipal Bond Bank, administrator of the 529 College Savings Plan and Trust Fund, administrator of the Nevada Prepaid Tuition Program and Trust Fund, and administrator of the Fund for a Healthy Nevada and the Trust Fund for Public Health. The treasurer is also administrator of the Nevada Unclaimed Property Division and oversees the Millennium Scholarship Program.
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The treasurer is a member of the State Board of Finance and serves as chair of the Board of Trustees of the College Savings Plan of Nevada. The treasurer also serves as administrator of the Municipal Bond Bank, administrator of the 529 College Savings Plan and Trust Fund, administrator of the Nevada Prepaid Tuition Program and Trust Fund, and administrator of the Fund for a Healthy Nevada and the Trust Fund for Public Health. The treasurer is also administrator of the Nevada Unclaimed Property Division and oversees the Millennium Scholarship Program.<ref name="aboutus"/>
  
=Gov. Guinn Millennium Scholarship=
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==Divisions==
The Gov. Guinn Millennium Scholarship was created by the Nevada Legislature in 1999, using funds from a master settlement agreement with major tobacco companies. The scholarship is available to Nevada High School students who graduate with a high enough GPA and who attend college in Nevada. The scholarship has been very popular, with 60,000 students attending college on the scholarship since its inception in 2000. The scholarship program has run into financial difficulties this year, however, because of declining payments from the tobacco companies because of fewer smokers. The Nevada Legislature this year also decided to divert funds from the program to help eliminate a more than $800 million budget shortfall.<ref>[http://www.nevadanewsbureau.com/2010/05/03/nevada-state-treasurer%e2%80%99s-office-tells-lawmakers-millennium-scholarship-will-be-short-4-2-million-by-end-of-fiscal-year-2011/ ''Nevada News Bureau," "State Treasurer's Office Tells Lawmakers Millennium Scholarship Will Be Short $4.2 Million By End of Fiscal Year 2011", May 3, 2010]</ref>
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[[File:NV Tres org chart Aug 2013.JPG|300px|thumb|right|Click [http://web1.ballotpedia.org/wiki/images/NV_Tres_org_chart.JPG here] to view a larger-scale image of the Nevada state Treasurer's office Organizational Chart as of August 2013.]]
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The treasurer's office is divided into six areas:<ref name="aboutus"/>  
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*Administration
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*Cash Management
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*Debt Management
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*Investments
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*Education Programs
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*Unclaimed Property
  
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==Gov. Guinn Millennium Scholarship==
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The Gov. Guinn Millennium Scholarship was created by the Nevada Legislature in 1999, using funds from a master settlement agreement with major tobacco companies. The scholarship is available to Nevada High School students who graduate with a high enough GPA and who attend college in Nevada. The scholarship has been very popular, with 60,000 students attending college on the scholarship since its inception in 2000. The scholarship program ran into financial difficulties in 2010, however, because of declining payments from the tobacco companies because of fewer smokers. The Nevada Legislature in 2010 also decided to divert funds from the program to help eliminate a more than $800 million budget shortfall.<ref>[http://www.nevadanewsbureau.com/2010/05/03/nevada-state-treasurer%e2%80%99s-office-tells-lawmakers-millennium-scholarship-will-be-short-4-2-million-by-end-of-fiscal-year-2011/ ''Nevada News Bureau," "State Treasurer's Office Tells Lawmakers Millennium Scholarship Will Be Short $4.2 Million By End of Fiscal Year 2011", May 3, 2010]</ref>
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==State budget==
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The Office of the State Treasurer's budget for 2012-2013 was $668,781.<ref>[https://nelis.leg.state.nv.us/76th2011/App#/76th2011/Bill/Text/AB580/BD_AB580_EN ''Nevada Electronic Legislative Information System,'' "2011 76th Regular Session Assembly Bill No.580," 2, accessed July 5, 2013]</ref>
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==Compensation==
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:: ''See also: [[Compensation of state executive officers]]''
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===2012===
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In 2012, the treasurer was paid an estimated [[Compensation of state executive officers|$97,000]]. This figure comes from the [[Council of State Governments]].
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===2010===
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In 2010, the Nevada State Treasurer was paid an estimated $97,000 according to the [[Council of State Governments]].<ref>[http://knowledgecenter.csg.org/drupal/system/files/Table_4.11.pdf ''The Council of State Governments'',"The Book of States 2010 Table 4.11," retrieved June 22, 2011]</ref>
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==Historical officeholders==
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{{SEO historical officeholders missing}}
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==Recent news==
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This section displays the most recent stories in a google news search for the term '''Nevada + State + Treasurer'''
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:''All stories may not be relevant to this page due to the nature of the search engine.''
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{{RSS|feed=http://news.google.com/news?hl=en&gl=us&q=Nevada+State+Treasurer&um=1&ie=UTF-8&output=rss|template=slpfeed|max=10|title=Nevada State Treasurer News Feed}}
  
 
==Contact Information==
 
==Contact Information==
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{{nvflag}}
 
Nevada State Treasurer's Office<br>
 
Nevada State Treasurer's Office<br>
 
101 N. Carson Street, Suite 4<br>
 
101 N. Carson Street, Suite 4<br>
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==See also==
 
==See also==
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*[[Treasurer]]
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*[[Kate Marshall]]
 
*[[Jim Gibbons|Nevada Governor Jim Gibbons]]
 
*[[Jim Gibbons|Nevada Governor Jim Gibbons]]
 
*[[Lieutenant Governor of Nevada]]
 
*[[Lieutenant Governor of Nevada]]
 
*[[Nevada Attorney General]]
 
*[[Nevada Attorney General]]
 
*[[Nevada Secretary of State]]
 
*[[Nevada Secretary of State]]
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*[[Nevada state executive offices]]
  
 
==External links==
 
==External links==
[https://nevadatreasurer.gov/index.htm Office of the Nevada State Treasurer]
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{{seosubmit}}
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*[https://nevadatreasurer.gov/index.htm Office of the Nevada State Treasurer]
  
 
==References==
 
==References==
<references/>
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{{reflist}}
 
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{{current state treasurers}}
 
{{current state treasurers}}
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{{State executive offices}}
 
{{Nevada}}
 
{{Nevada}}
 
 
[[Category:Nevada]]
 
[[Category:Nevada]]
[[Category:Treasurer]]
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[[Category:Offices of the American state treasurers]]
[[Category:State government articles]]
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[[Category:Nevada state executive offices]]

Revision as of 09:19, 20 September 2013

Nevada State Treasurer
General information
Office Type:  Partisan
Office website:  Official Link
2012-2013 FY Budget:  $668,781
Term limits:  2 terms
Structure
Length of term:   4 years
Authority:  Nevada Constitution, Article V, Section 19
Selection Method:  Elected
Current Officeholder

Kate Marshall.jpg
Name:  Kate Marshall
Officeholder Party:  Democratic
Assumed office:  2007
Compensation:  $97,000
Elections
Next election:  November 4, 2014
Last election:  November 2, 2010
Other Nevada Executive Offices
GovernorLieutenant GovernorSecretary of StateAttorney GeneralTreasurerControllerSuperintendent of Public InstructionAgriculture DirectorInsurance CommissionerDirector of Conservation and Natural ResourcesLabor CommissionerPublic Utilities CommissionEmployment, Training and Rehabilitation
The Treasurer of the State of Nevada is the chief financial officer of the government of Nevada.

The treasurer is responsible for maintaining the state funds by investing and maintaining the state budget. The department's main function is to invest state funds, manage college savings plans, keep records of unclaimed property and to ensure money is paid by the state as needed and sufficient records are maintained.[1]

The treasurer is elected every four years.

Current officeholder

The current treasurer of Nevada is Kate Marshall. She was first elected in 2006 and is serving in her second term.[2]

Authority

The state Constitution addresses the office of the state treasurer in Article V, the Executive Department.

Under Article V, Section 19:

A Secretary of State, a Treasurer, a Controller, and an Attorney General, shall be elected at the same time and places, and in the same manner as the Governor.

Qualifications

There are no specific qualifications for this office.

Elections

The State Treasurer Nevada is a publicly elected official who serves a term of four years in length. As specified in Article V, Section 19 of the Nevada State Constitution, a term-limit of two four year terms is imposed on those who occupy this statewide position.

Vacancies

As established by Article 5, Section 8 of the Nevada Constitution, in the event of a vacancy, the governor fills the office by appointment. The appointee serves until a successor is elected and qualified.

Duties

The treasurer is a member of the State Board of Finance and serves as chair of the Board of Trustees of the College Savings Plan of Nevada. The treasurer also serves as administrator of the Municipal Bond Bank, administrator of the 529 College Savings Plan and Trust Fund, administrator of the Nevada Prepaid Tuition Program and Trust Fund, and administrator of the Fund for a Healthy Nevada and the Trust Fund for Public Health. The treasurer is also administrator of the Nevada Unclaimed Property Division and oversees the Millennium Scholarship Program.[1]

Divisions

Click here to view a larger-scale image of the Nevada state Treasurer's office Organizational Chart as of August 2013.

The treasurer's office is divided into six areas:[1]

  • Administration
  • Cash Management
  • Debt Management
  • Investments
  • Education Programs
  • Unclaimed Property

Gov. Guinn Millennium Scholarship

The Gov. Guinn Millennium Scholarship was created by the Nevada Legislature in 1999, using funds from a master settlement agreement with major tobacco companies. The scholarship is available to Nevada High School students who graduate with a high enough GPA and who attend college in Nevada. The scholarship has been very popular, with 60,000 students attending college on the scholarship since its inception in 2000. The scholarship program ran into financial difficulties in 2010, however, because of declining payments from the tobacco companies because of fewer smokers. The Nevada Legislature in 2010 also decided to divert funds from the program to help eliminate a more than $800 million budget shortfall.[3]

State budget

The Office of the State Treasurer's budget for 2012-2013 was $668,781.[4]

Compensation

See also: Compensation of state executive officers

2012

In 2012, the treasurer was paid an estimated $97,000. This figure comes from the Council of State Governments.

2010

In 2010, the Nevada State Treasurer was paid an estimated $97,000 according to the Council of State Governments.[5]

Historical officeholders

Note: Ballotpedia's state executive officials project researches state official websites for chronological lists of historical officeholders. That information for the Nevada State Treasurer has not yet been added because the information was unavailable on the relevant state official websites, or we are currently in the process of formatting the list for this office. If you have any additional information about this office for inclusion on this section and/or page, please email us.

Recent news

This section displays the most recent stories in a google news search for the term Nevada + State + Treasurer

All stories may not be relevant to this page due to the nature of the search engine.

Nevada State Treasurer News Feed

  • Loading...

Contact Information

Nevada

Nevada State Treasurer's Office
101 N. Carson Street, Suite 4
Carson City, NV 89701

Phone: (775) 684-5600
Fax: (775) 684-5781 FAX

See also

External links

BP-Initials-UPDATED.png
Suggest a link

References