Kentucky State Treasurer
| Kentucky Treasurer | |
 | |
| General information | |
| Office Type: | Partisan |
| Office website: | Official Link |
| Compensation: | $139,725 |
| 2025 FY Budget: | $7,086,200 |
| Term limits: | 2 consecutive terms |
| Structure | |
| Length of term: | 4 years |
| Authority: | Kentucky Constitution, Executive Department Article, Section 91 |
| Selection Method: | Elected |
| Current Officeholder(s) | |
Kentucky State Treasurer
Mark Metcalf | |
| Elections | |
| Next election: | November 2, 2027 |
| Last election: | November 7, 2023 |
| Other Kentucky Executive Offices | |
| Governor • Lieutenant Governor • Secretary of State • Attorney General • Treasurer • Auditor • Commissioner of Education • Agriculture Commissioner • Insurance Commissioner • Natural Resources Commissioner • Labor Cabinet Secretary • Public Service Commission | |
The Treasurer of the State of Kentucky is an elected executive official in the Kentucky state government. The treasurer is the chief financial officer of the government of Kentucky, responsible for maintaining the state funds and acting as the state's bank.
Current officeholder
The current Kentucky State Treasurer is Mark Metcalf (R). Metcalf assumed office in 2024.
Authority
The office of state treasurer is established in the Executive Department Article of the Kentucky Constitution.
Executive Department Article, Section 91:
| A Treasurer, Auditor of Public Accounts, Commissioner of Agriculture, Labor and Statistics, Secretary of State, and Attorney-General, shall be elected by the qualified voters of the State at the same time the Governor and Lieutenant Governor are elected, for the term of four years... |
Qualifications
Executive Department Article, Section 91 of the Kentucky Constitution establishes the qualifications of the office:
- at least 30 years old at time of election
- resident of Kentucky for at least two years
| ...each of whom shall be at least thirty years of age at the time of his election, and shall have been a resident citizen of the State at least two years next before his election. |
Elections
Up until 1851, the governor appointed the treasurer with the advice and consent of the Kentucky State Legislature. The 1850 Constitution made the treasurer an elected office serving a two-year term. In 1891, this was extended to four years.[1]
The treasurer is elected in the year preceding the presidential election (2019, 2023, 2027, etc.) According to state law, the inauguration always takes place the first Monday in January following the election.
Term limits
Kentucky state treasurers are limited to serving two four-year terms.
2027
- See also: Kentucky Treasurer election, 2027
There are no official candidates yet for this election.
General election
The general election will occur on November 2, 2027.
Past elections
Vacancies
Note: Ballotpedia's state executive officials project researches the constitutional or statutory text that details the process of filling vacancies for a state executive office. That information for the Kentucky State 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.
Duties
The treasurer's statutory duties include:
- Act as head of the treasury KRS 041.020
- Create and manage the state's depository KRS 041-070
- Make record of all monies due and payable to the state KRS 041-100
- Process warrants from the Finance and Administration Cabinet KRS 041-150
- Make payments on behalf of the state KRS 041-160
- Make an annual report KRS 041-340
Divisions
As of January 18, 2021, divisions within the Treasury Department included:[3]
- Unclaimed Property
- Disbursement Authority
- Accounting Compliance
- Quarterly Reports
State budget
- See also: Kentucky state budget and finances
The Treasury's budget for Fiscal Year 2025 was $7,086,200.[4]
Compensation
- See also: Compensation of state executive officers
2023
In 2023, the officer's salary was $139,725, according to the Council of State Governments.[5]
2022
In 2022, the officer's salary was $129,375, according to the Council of State Governments.[6]
2021
In 2021, the treasurer received a salary of $129,375, according to the Council of State Governments.[7]
2020
In 2020, the treasurer received a salary of $129,375 according to the Council of State Governments.[8]
2019
In 2019, the treasurer received a salary of $126,485 according to the Council of State Governments.[9]
2018
In 2018, the treasurer received a salary of $124,133 according to the Council of State Governments.[10]
2017
In 2017, the treasurer received a salary of $121,550 according to the Council of State Governments.[11]
2016
In 2016, the treasurer received a salary of $119,080 according to the Council of State Governments.[12]
2015
In 2015, the treasurer received a salary of $118,217 according to the Council of State Governments.[13]
2014
In 2014, the treasurer received a salary of $117,329 according to the Council of State Governments.[14]
2013
In 2013, the treasurer received a salary of $115,593 according to the Council of State Governments.[15]
2012
In 2012, the treasurer received a salary of $113,615 according to the Council of State Governments.
Historical officeholders
Since 1792, there have been 40 Kentucky State Treasurers. Three of them served more than one non-consecutive term. The constitutional prohibition against succeeding oneself was eliminated in 1992 in exchange for a two-term limit.[1]
Click "show" for former officeholders.
| Number | Name | Took office | Left office | Party |
|---|---|---|---|---|
| 1 | John Logan | 1792 | 1807 | |
| 2 | David Logan | 1807 | 1808 | |
| 3 | John P. Thomas | 1808 | 1818 | |
| 4 | Samuel South | 1818 | 1824 | |
| 5 | James Davidson | 1824 | 1849 | |
| 6 | Richard Curd Wintersmith | 1849 | 1857 | |
| 7 | James William Garrard | 1847 | 1865 | |
| 8 | Mason Brown | 1865 | 1867 | |
| 9 | James William Tate | 1867 | 1888 | |
| 10 | Steven G. Sharpe | 1888 | 1890 | |
| 11 | Henry S. Hale | 1890 | 1895 | |
| 12 | George W. Long | 1896 | 1900 | Republican |
| 13 | Walter R. Day | 1900 | Unseated | Republican |
| 14 | Samuel Wilbur Hager | 1900 | 1904 | Democratic |
| 15 | Henry M. Bosworth | 1904 | 1908 | |
| 16 | Edwin Farley | 1908 | 1912 | Republican |
| 17 | Thomas S. Rhea | 1912 | 1916 | |
| 18 | Sherman Goodpaster | 1916 | 1920 | |
| 19 | James A. Wallace | 1920 | 1924 | |
| 20 | Edward Blan Dishman | 1924 | 1928 | |
| 21 | Emma Guy Cromwell | 1928 | 1932 | |
| 22 | Elam Huddleston | 1932 | 1936 | |
| 23 | John E. Buckingham | 1936 | 1940 | |
| 24 | Ernest Shannon | 1940 | 1944 | |
| 25 | Thomas W. Vinson | 1944 | 1948 | |
| 26 | Edward Seiller | 1948 | 1949 | |
| 27 | Pearl Frances Runyon | 1949 | 1956 | |
| 28 | Henry Carter | 1956 | 1960 | |
| 29 | Thelma Stovall | 1960 | 1964 | Democrat |
| 30 | Emerson "Doc" Beauchamp | 1964 | 1968 | |
| 31 | Thelma Stovall | 1968 | 1972 | Democrat |
| 32 | Drexell R. "Drex" Davis | 1972 | 1976 | |
| 33 | Frances Jones Mills | 1976 | 1980 | Democrat |
| 34 | Drexell R. "Drex" Davis | 1980 | 1984 | |
| 35 | Frances Jones Mills | 1984 | 1988 | Democrat |
| 36 | Robert Mead | 1988 | 1992 | |
| 37 | Frances Jones Mills | 1992 | 1996 | Democrat |
| 38 | Todd Hollenbach | 2008 | 2016 | Democrat |
| 39 | Allison Ball | 2016 | 2024 | Republican |
| 40 | Mark Metcalf | 2024 | Present | Republican |
Recent news
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Contact information
Kentucky State Treasurer's Office
1050 US Highway 127 South, Suite 100
Frankfort, Kentucky 40601
Phone: (502) 564-4722
Fax: (502) 564-6545
See also
| Kentucky | State Executive Elections | News and Analysis |
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External links
Footnotes
- ↑ 1.0 1.1 Kentucky Treasury, "200 Years of the Kentucky Treasury 1792-1992," accessed January 18, 2021
- ↑ Kentucky Secretary of State, "Treasurer," accessed November 4, 2015
- ↑ Kentucky State Treasurer, "Departments," accessed January 18, 2021
- ↑ Kentucky Office of State Budget Director, "2024-2026 Budget of the Commonwealth," accessed January 17, 2025
- ↑ Council of State Governments, "Book of the States 2023 Table 4.11: Selected State Administrative Officials: Annual Salaries," accessed January 15, 2025
- ↑ Council of State Governments, "Book of the States 2022 Table 4.11: Selected State Administrative Officials: Annual Salaries," provided to Ballotpedia by CSG personnel
- ↑ Issuu, "The Book of the States 2021," accessed September 22, 2022
- ↑ Council of State Governments, "The Book of the States 2020," accessed January 18, 2021
- ↑ Council of State Governments, "The Book of the States 2019," accessed January 18, 2021
- ↑ Council of State Governments, "The Book of the States 2018," accessed January 18, 2021
- ↑ Council of State Governments, "The Book of the States 2017," accessed January 18, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2016," accessed August 27, 2016
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2015," accessed August 27, 2016
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries," accessed November 24, 2014
- ↑ The Council of State Governments, "Book of the States 2013, Table 4.11," accessed February 2, 2014
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