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South Dakota Treasurer

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South Dakota State Treasurer
General information
Office Type:  Partisan
Office website:  Official Link
2013 FY Budget:  $12,155,385
Term limits:  Two consecutive terms
Structure
Length of term:   4 years
Authority:  South Dakota Constitution, Article 4, Section 7
Selection Method:  Elected
Current Officeholder

Richard Sattgast.png
Name:  Richard Sattgast
Officeholder Party:  Republican
Assumed office:  January 2011
Compensation:  $78,363
Elections
Next election:  November 4, 2014
Last election:  November 2, 2010
Other South Dakota Executive Offices
GovernorLieutenant GovernorSecretary of StateAttorney GeneralTreasurerAuditorSuperintendent of EducationAgriculture CommissionerInsurance CommissionerNatural Resources CommissionerLabor CommissionerPublic Service Commission
The Treasurer of South Dakota is an elected position in the South Dakota state government.

Current officeholder

The current officeholder is Richard Sattgast.

Authority

The treasurer's office is established in Article 4, Section 7 of the South Dakota Constitution.

Article IV, Section 7:

There shall be chosen by the qualified electors of the state at the general election of the Governor and every four years thereafter the following constitutional officers: attorney general, secretary of state, auditor, treasurer, and commissioner of school and public lands, who shall severally hold their offices for a term of four years. Commencing with the 1992 general election, no person may be elected to more than two consecutive terms as attorney general, secretary of state, auditor, treasurer, or commissioner of school and public lands.

Qualifications

Note: Ballotpedia's state executive officials project researches the constitutional or statutory text that establishes the requirements necessary to qualify for a state executive office. That information for the South Dakota Treasurer has not yet been added. After extensive research we were unable to identify any relevant information on state official websites. If you have any additional information about this office for inclusion on this section and/or page, please email us.

Elections

Article IV, Section 7 specifies that the offices of attorney general, secretary of state, auditor, treasurer, and commissioner of school and public lands are to be elected every four years.

Term limits

Article IV, Section 7 also prevents any person from being elected to more than two consecutive terms as attorney general, secretary of state, auditor, treasurer, or commissioner of school and public lands.

Vacancies

Article IV, Section 3 of the state constitution grants the governor the authority to fill, by appointment, any vacancy in the office of treasurer.

Duties

The official duties of the South Dakota treasurer are outlined in Chapter 1-10, Section 1 of the South Dakota Codified Laws:

  • have charge of and safely keep all public moneys which shall be paid into the state treasury
  • pay out the same as directed by law
  • perform such other duties as are required of him by law[1]

Divisions

Note: Ballotpedia's state executive officials project researches state official websites for information that describes the divisions (if any exist) of a state executive office. That information for the South Dakota Treasurer has not yet been added. After extensive research we were unable to identify any relevant information on state official websites. If you have any additional information about this office for inclusion on this section and/or page, please email us.

State budget

The budget for the State Treasurer's office in Fiscal Year 2013 was $12,155,385.[2]

Compensation

In 2010, the South Dakota Treasurer was paid an estimated $78,363 according to the Council of State Governments.[3]

Historical officeholders

Note: Ballotpedia's state executive officials project researches state official websites for chronological lists of historical officeholders. That information for the South Dakota 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

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Contact information

South Dakota

Office of the State Treasurer: South Dakota
500 E. Capitol Avenue
Pierre, SD 57501-5070

Phone: (605) 773-3378
Unclaimed property: (605) 773-2547

See also

External links

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References