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Difference between revisions of "New Mexico Treasurer"

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|Office website = http://www.nmsto.gov/
 
|Office website = http://www.nmsto.gov/
|Budget = 3550800
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==State budget==
 
==State budget==
The budget for the State Treasurer's Office in Fiscal Year 2012 was $3,550,800.<ref> [http://www.nd.gov/fiscal/docs/budget/appropbook2011-13.pdf ''New Mexico Department of Finance,'' "FY 2014 Executive Recurring Budget Recommendations," accessed April 15, 2013] </ref>
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The budget for the State Treasurer's Office in Fiscal Year 2012 was $3,695,700.<ref> [http://www.scribd.com/doc/119825345/Gov-Martinez-FY-2014-Budget-Proposal ''Scribd,'' "State of New Mexico Executive Budget Recommendation Fiscal Year 2014," accessed June 12, 2013] </ref>
  
 
==Compensation==
 
==Compensation==

Revision as of 10:44, 12 June 2013

New Mexico State Treasurer
General information
Office Type:  Partisan
Office website:  Official Link
2012 FY Budget:  $3,695,700
Term limits:  Two consecutive terms
Structure
Length of term:   4 years
Authority:  New Mexico Constitution, Article V, Section I
Selection Method:  Elected
Current Officeholder

James B. Lewis.jpg
Name:  James B. Lewis
Officeholder Party:  Democratic
Assumed office:  2006
Compensation:  $85,000
Elections
Next election:  November 4, 2014
Last election:  November 2, 2010
Other New Mexico Executive Offices
GovernorLieutenant GovernorSecretary of StateAttorney GeneralTreasurerAuditorCommissioner of Public LandsSecretary of EducationAgriculture SecretaryInsurance SuperintendentSecretary of Energy, Minerals and Natural ResourcesSecretary of Workforce SolutionsPublic Regulation CommissionPublic Education Commission
The Treasurer of the State of New Mexico is the chief financial officer of the government of New Mexico.

The treasurer is responsible for providing banking services to the state, they reconcile the state's bank accounts, they pay any outstanding debts or loans held by the state, they invest the state's money in operations and bonds as well as investing in local issues as needed. The main purpose of the office is to manage and invest state monies.

The treasurer is elected every four years.

Current officeholder

The current treasurer of New Mexico is James B. Lewis (D). He was first elected in 2006 and is serving in his second term.

Authority

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

Under Article V, Section 1:

The executive department shall consist of a governor, lieutenant governor, secretary of state, state auditor, state treasurer, attorney general and commissioner of public lands,...

Qualifications

As outlined in Article V, Section 3 of the state Constitution, an individual must meet the following qualifications in order to serve as treasurer:

  • A citizen of the United States
  • At least 30 years of age
  • Have resided continuously in New Mexico for five years preceding the election

Elections

New Mexico elects treasurers in the midterm elections, that is, even years that are not Presidential election years. For New Mexico, 2006, 2010, 2014, and 2018 are all treasurer election years.

Term limits

The State Treasurer is limited to serving two consecutive four-year terms.

Vacancies

Per Article V, Section 5 of the New Mexico Constitution, in the event of a vacancy the governor fills the position by appointment. The appointee serves until the next general election.

State budget

The budget for the State Treasurer's Office in Fiscal Year 2012 was $3,695,700.[1]

Compensation

In 2010, the New Mexico Treasurer was paid an estimated $85,000 according to the Council of State Governments.[2]

Contact information

New Mexico State Treasurer's Office
2019 Galisteo Street, Building K
Santa Fe NM 87504-0608

Phone: 505-955-1120
Fax: 505-955-1195

See also

External links

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Suggest a link

References