Difference between revisions of "Washington Treasurer"

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{{Washington SEO infobox}}{{tnr}}The '''Washington Treasurer''' is a state executive position in the Washington state government. As the state's chief financial office, the [[Treasurer|treasurer]] manages the cash flow, investments, and debt of all major state accounts. The incumbent also serves on the State Investment Board, providing guidance for the management of long-term debt and investments.
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{{SEO office infobox
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|State = Washington
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|Office=Treasurer
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|Office type =  Partisan
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|Image = Seal of Washington.jpg
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|Office website = http://www.tre.wa.gov/
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|Budget = 14996000
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|Budget year = 2011-2013
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|Seats =
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|Term limits =
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|Length of term = 4 years
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|Authority =[[Article III, Washington State Constitution|Washington Constitution, Article 3, Section 2]]
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|Selected =  Elected
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|Chair =
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|Current officeholder =  James McIntire
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|Partisan =  Democratic
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|Officeholder image =  James McIntire.jpg
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|Assumed office =  2009
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|Compensation = 113,439
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|Next election =November 8, 2016
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|Last election=[[Washington down ballot state executive elections, 2012|November 6, 2012]]
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|Other offices = [[Governor of Washington|Governor]] • [[Lieutenant Governor of Washington|Lieutenant Governor]] •  [[Secretary of State of Washington|Secretary of State]] • [[Washington Attorney General|Attorney General]] •  [[Washington Treasurer|Treasurer]] • [[Washington Auditor|Auditor]] •  [[Washington Superintendent of Public Instruction|Superintendent of Education]]• •  [[Washington Director of Agriculture|Agriculture Commissioner]] •  [[Washington Commissioner of Insurance|Insurance Commissioner]]• [[Washington Commissioner of Public Lands|Natural Resources Commissioner]]• [[Washington Director of Labor and Industries|Labor Commissioner]]• [[Washington Chairman of Utilities and Transportation|Public Service Commissioner]]
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}}{{tnr}}The '''Washington Treasurer''' is a state executive position in the Washington state government. As the state's chief financial office, the [[Treasurer|treasurer]] manages the cash flow, investments, and debt of all major state accounts. The incumbent also serves on the State Investment Board, providing guidance for the management of long-term debt and investments.
  
 
==Current officeholder==
 
==Current officeholder==
The current officeholder is [[James McIntire]]. He was first elected in 2008 and is running for re-election in [[Washington down ballot state executive elections, 2012|2012]].
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The current officeholder is [[James McIntire]]. He was first elected in 2008 and won re-election in [[Washington down ballot state executive elections, 2012|2012]].
  
 
==Authority==
 
==Authority==
[[Article II, Washington State Constitution|Article 3]] of the [[Washington Constitution|state constitution]] establishes the state's executive offices.
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[[Article III, Washington State Constitution|Article 3]] of the [[Washington Constitution|state constitution]] establishes the state's executive offices.
  
 
'''Article III, Section 2:'''
 
'''Article III, Section 2:'''
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Washington elects their state executives in presidential years ([[Washington state executive official elections, 2012|2012]], 2016, and 2020).
 
Washington elects their state executives in presidential years ([[Washington state executive official elections, 2012|2012]], 2016, and 2020).
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===2012===
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:''See also: [[Washington down ballot state executive elections, 2012]]''
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Incumbent [[James McIntire]] (D) won re-election on November 6, 2012. He defeated one challenger, [[Republican]] [[Sharon Hanek]].
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*'''2012 General Election Results for Washington Treasurer'''
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{{WAGeneralTreasurer2012Results}}
  
 
==Vacancies==
 
==Vacancies==
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#Report annually to the legislature a detailed statement of the condition of the treasury, and of its operations for the preceding fiscal year;
 
#Report annually to the legislature a detailed statement of the condition of the treasury, and of its operations for the preceding fiscal year;
 
#Give information, in writing, to either house of the legislature, whenever required, upon any subject connected with the treasury, or touching any duty of his or her office;
 
#Give information, in writing, to either house of the legislature, whenever required, upon any subject connected with the treasury, or touching any duty of his or her office;
#Account for and pay over all moneys on hand to his or her successor in office, and deliver all books, vouchers, and effects of office to him or her, who shall receipt therefor;
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#Account for and pay over all moneys on hand to his or her successor in office, and deliver all books, vouchers, and effects of office to him or her, who shall receipt therefore;
 
#Upon payment of any warrant, or check, take upon the back thereof the indorsement of the person to whom it is paid.
 
#Upon payment of any warrant, or check, take upon the back thereof the indorsement of the person to whom it is paid.
  
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==Divisions==
 
==Divisions==
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[[File:WA Tres org chart.JPG|300px|thumb|right|Click [http://web1.ballotpedia.org/wiki/images/WA_Tres_org_chart.JPG here] to view a larger-scale image of the Washington Treasurer's Office Organizational Chart as of 2009.]]
 
The treasurer is aided by three deputy treasurers who each manage a different division of the office:
 
The treasurer is aided by three deputy treasurers who each manage a different division of the office:
 
*Accounting
 
*Accounting
 
*Debt Management
 
*Debt Management
 
*Investments
 
*Investments
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==State budget==
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The budget for the Treasurer's Office in Fiscal Year 2011-2013 was $14,996,000.<ref> [http://apps.leg.wa.gov/documents/billdocs/2011-12/Pdf/Bills/Session%20Laws/House/1087-S.SL.pdf#page=15&zoom=74,0,705 ''Washington Office of Financial Management,'' "2011-13 Operating Budget,"  accessed April 4, 2013] </ref>
  
 
==Compensation==
 
==Compensation==
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::''See also: [[Compensation of state executive officers]]''
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In 2012, the Washington Treasurer was paid an estimated [[Compensation of state executive officers|$113,436]] according to the [[Council of State Governments]].
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[[Article III, Washington State Constitution#Section 19|Article III, Section 19]] of the state constitution initially set the annual salary of the treasurer at $2,000 but allowed for the state legislature to increase it. In 2010, the treasurer was paid an estimated $116,950, 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 7, 2011]</ref>
 
[[Article III, Washington State Constitution#Section 19|Article III, Section 19]] of the state constitution initially set the annual salary of the treasurer at $2,000 but allowed for the state legislature to increase it. In 2010, the treasurer was paid an estimated $116,950, 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 7, 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 '''"Washington 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>http://news.google.com/news?hl=en&gl=us&q="Washington+State"+Treasurer&um=1&ie=UTF-8&output=rss|template=slpfeed|max=10|title=Washington Treasurer News Feed</rss>
 
==Contact information==
 
==Contact information==
 
{{waseal}}
 
{{waseal}}
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[[Category:Offices of the American state treasurers]]
 
[[Category:Offices of the American state treasurers]]
 
[[Category:Washington state executive offices]]
 
[[Category:Washington state executive offices]]
{{Seo expand}}
 

Revision as of 09:13, 21 June 2013

Washington Treasurer
General information
Office Type:  Partisan
Office website:  Official Link
2011-2013 FY Budget:  $14,996,000
Term limits:  None
Structure
Length of term:   4 years
Authority:  Washington Constitution, Article 3, Section 2
Selection Method:  Elected
Current Officeholder

James McIntire.jpg
Name:  James McIntire
Officeholder Party:  Democratic
Assumed office:  2009
Compensation:  $113,439
Elections
Next election:  November 8, 2016
Last election:  November 6, 2012
Other Washington Executive Offices
GovernorLieutenant GovernorSecretary of StateAttorney GeneralTreasurerAuditorSuperintendent of Education• • Agriculture CommissionerInsurance CommissionerNatural Resources CommissionerLabor CommissionerPublic Service Commissioner
The Washington Treasurer is a state executive position in the Washington state government. As the state's chief financial office, the treasurer manages the cash flow, investments, and debt of all major state accounts. The incumbent also serves on the State Investment Board, providing guidance for the management of long-term debt and investments.

Current officeholder

The current officeholder is James McIntire. He was first elected in 2008 and won re-election in 2012.

Authority

Article 3 of the state constitution establishes the state's executive offices.

Article III, Section 2:

Executive Department. The executive department shall consist of a governor, lieutenant governor, secretary of state, treasurer, auditor, attorney general, superintendent of public instruction, and a commissioner of public lands, who shall be severally chosen by the qualified electors of the state at the same time and place of voting as for the members of the legislature.

Qualifications

Article 3, Section 25 of the state constitution establishes the qualifications of the office:

Qualifications, Compensation, Offices Which May Be Abolished. No person, except a citizen of the United States and a qualified elector of this state, shall be eligible to hold any state office...
  • a citizen of the United States
  • a qualified elector in Washington

Elections

In Washington, the governor, lieutenant governor, secretary of state, treasurer, auditor, attorney general, superintendent of public instruction, and commissioner of public lands are elected every four years. Elections are held in November and winners assume office the following January, serving until their successors are elected and qualified.

Washington elects their state executives in presidential years (2012, 2016, and 2020).

2012

See also: Washington down ballot state executive elections, 2012

Incumbent James McIntire (D) won re-election on November 6, 2012. He defeated one challenger, Republican Sharon Hanek.

  • 2012 General Election Results for Washington Treasurer
Washington Treasurer General Election, 2012
Party Candidate Vote % Votes
     Democratic Green check mark transparent.pngJames McIntire Incumbent 58.7% 1,695,401
     Republican Sharon Hanek 41.3% 1,192,150
Total Votes 2,887,551
Election Results via Washington Secretary of State.


Vacancies

In the event of a vacancy in this office, the governor shall fill the vacancy by appointment. The term of the appointee expires when a successor has been elected and qualified.

Duties

The specific duties of the attorney general are outlines in Chapter 43 of the Washington state laws:[1]

  1. Receive and keep all moneys of the state in the manner provided in RCW 43.88.160, as now or hereafter amended;
  2. Disburse the public moneys only upon warrants or checks drawn upon the treasurer in the manner provided by law;
  3. Account for moneys in the manner provided by law;
  4. Render accounts in the manner provided by law;
  5. Indorse on each warrant when required by law, the date of payment, the amount of the principal, and the interest due on that date;
  6. Report annually to the legislature a detailed statement of the condition of the treasury, and of its operations for the preceding fiscal year;
  7. Give information, in writing, to either house of the legislature, whenever required, upon any subject connected with the treasury, or touching any duty of his or her office;
  8. Account for and pay over all moneys on hand to his or her successor in office, and deliver all books, vouchers, and effects of office to him or her, who shall receipt therefore;
  9. Upon payment of any warrant, or check, take upon the back thereof the indorsement of the person to whom it is paid.

The treasurer also sits on the State Investment Board, Housing Finance Commission, State Finance Committee, Public Deposit Protection Commission, GET Board, and the Economic Development Finance Authority.

Divisions

Click here to view a larger-scale image of the Washington Treasurer's Office Organizational Chart as of 2009.

The treasurer is aided by three deputy treasurers who each manage a different division of the office:

  • Accounting
  • Debt Management
  • Investments

State budget

The budget for the Treasurer's Office in Fiscal Year 2011-2013 was $14,996,000.[2]

Compensation

See also: Compensation of state executive officers

In 2012, the Washington Treasurer was paid an estimated $113,436 according to the Council of State Governments.

Article III, Section 19 of the state constitution initially set the annual salary of the treasurer at $2,000 but allowed for the state legislature to increase it. In 2010, the treasurer was paid an estimated $116,950, 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 Washington 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 "Washington State" + Treasurer

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

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Contact information

Washington

Washington State Treasurer
416 Sid Snyder Building Avenue SW
Legislative Building, Room 230
Olympia Washington, WA 98504

See also

External links

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References