In the United States, the treasurer of a state is the official charged with overseeing revenue and finances and generally acting as the state's chief banker. Every state in the United States has a treasurer, though some have a different official title for the office. In New York and Texas there is no treasurer -- instead, those duties are performed by the controller.
Most states elect the treasurer; of those states, it is common for treasurer to be a constitutional executive office. Some states, however, treat the position as a member of the governor's cabinet, thus making the position a gubernatorial appointment.
The position of state treasurer exists in 48 states; it is elected in 36 and appointed in 12. Of the 12 states to appoint state treasurers, the governor is primarily responsible for appointment in eight, while the legislature is responsible in four.|
As opposed to treasurers in the corporate world, state treasurers are often elected partisan offices who administer various programs and have control over financial decisions without being involved in the highly detailed day-to-day bookkeeping and accounting.
In some states, the treasurer may share financial duties with a comptroller, a chief financial officer or an auditor. Areas that often fall under a treasurer's job description include:
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