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Louisiana State Treasurer
| Louisiana State Treasurer | |
 | |
| General information | |
| Office Type: | Partisan |
| Office website: | Official Link |
| Compensation: | $110,741 |
| 2025 FY Budget: | $13,858,098 |
| Term limits: | None |
| Structure | |
| Length of term: | 4 years |
| Authority: | Louisiana Constitution, Article IV, Section 9 |
| Selection Method: | Elected |
| Current Officeholder(s) | |
Louisiana State Treasurer
John Fleming | |
| Elections | |
| Next election: | November 20, 2027 |
| Last election: | November 18, 2023 |
| Other Louisiana Executive Offices | |
| Governor • Lieutenant Governor • Secretary of State • Attorney General • Treasurer • Superintendent of Education • Agriculture Commissioner • Insurance Commissioner • Natural Resources Commissioner • Labor Commissioner • Public Service Commission | |
The Treasurer of the State of Louisiana is the chief financial officer of the government of Louisiana.
The treasurer is responsible for maintaining the state funds and acting as the state's bank. The office is split into five divisions: unclaimed property, investments, administration, fiscal control, and LAMP. The job of the treasury office is to invest the state's money in a wise way, ensure returns, and give money to cities or schools as needed.[1]
The treasurer is elected every four years.[2]
Current officeholder
The current Louisiana State Treasurer is John Fleming (R). Fleming assumed office in 2024.
Authority
The treasurer's powers and duties are established by Article IV, Section 9 of the Louisiana Constitution.
Article IV, Section 9:
| There shall be a Department of the Treasury. The treasurer shall head the department and shall be responsible for the custody, investment, and disbursement of the public funds of the state, except as otherwise provided by this constitution. He shall report annually to the governor and to the legislature at least one month before each regular session on the financial condition of the state, and shall have other powers and perform other duties authorized by this constitution or provided by law.[2] |
Qualifications
Article IV, Section 2 of the Louisiana Constitution establishes the qualifications for statewide elective office:
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To be eligible for any statewide elective office, a person, by the date of his qualification as a candidate, shall have attained the age of twenty-five years, be an elector, and have been a citizen of the United States and of this state for at least the preceding five years...During his tenure in office, a statewide elected official shall hold no other public office except by virtue of his elected office.[2] |
- at least 25 years of age
- be an elector
- citizen of the United States and Louisiana for five years
- hold no other public office
Elections
Louisiana elects treasurers to four-year terms during gubernatorial election years. For Louisiana, 2019, 2023, and 2027 are all treasurer election years. Terms begin at noon on the second Monday in January following the election.[2]
2027
- See also: Louisiana Treasurer election, 2027
There are no official candidates yet for this election.
Past elections
Vacancies
If a vacancy of less than one year occurs in the office, the position is filled by the first assistant. If a vacancy of greater than one year occurs an election takes place at the next regularly scheduled election, or, in none are scheduled within a year of the vacancy, a special election is called by the governor.[2]
Duties
According to Article IV, Section 9 of the Louisiana Constitution, the treasurer is head of the Department of the Treasury and "shall be responsible for the custody, investment, and disbursement of the public funds of the state." [2]
Divisions
- Updated January 20, 2021
- Administration
- Fiscal Control
- Investments
- Unclaimed Property
- State Bond Commission[1]
State budget
- See also: Louisiana state budget and finances
The State Treasurer's budget for fiscal year 2025 was $13,858,098.[4]
Compensation
- See also: Compensation of state executive officers
Article IV, Section 4 of the Louisiana Constitution defines the method by which the treasurer's compensation is set:
|
Except as otherwise provided by this constitution, the compensation of each statewide elected official shall be provided by law. An increase in the salary of a statewide elected official shall not become effective until the commencement of the subsequent term for that office following the adoption or enactment of the increase.[2] |
2023
In 2023, the officer's salary was $110,741, according to the Council of State Governments.[5]
2022
In 2022, the officer's salary was $115,000, according to the Council of State Governments.[6]
2021
In 2021, the treasurer received a salary of $115,000, according to the Council of State Governments.[7]
2020
In 2020, the treasurer received a salary of $110,740, according to the Council of State Governments.[8]
2019
In 2019, the treasurer received a salary of $115,000, according to the Council of State Governments.[9]
2018
In 2018, the treasurer received a salary of $115,000, according to the Council of State Governments.[10]
2017
In 2017, the treasurer received a salary of $115,000, according to the Council of State Governments.[11]
2016
In 2016, the treasurer received a salary of $115,000, according to the Council of State Governments.[12]
2015
In 2015, the treasurer received a salary of $115,000, according to the Council of State Governments.[13]
2014
In 2014, the treasurer was paid an estimated $115,000, according to the Council of State Governments.[14]
2013
In 2013, the treasurer was paid an estimated $115,000, according to the Council of State Governments.[15]
2010
In 2010, the treasurer was paid an estimated $115,000 according to LaTrac.[16]
Historical officeholders
Note: Ballotpedia's state executive officials project researches state official websites for chronological lists of historical officeholders; information for the Louisiana State 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.
Contact information
Louisiana State Treasurer's Office
900 North Third Street, 3rd Floor, State Capitol
Baton Rouge, Louisiana 70802
P.O. Box 44154
Baton Rouge, Louisiana 70804
Phone: 225-342-0010
See also
| Louisiana | State Executive Elections | News and Analysis |
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External links
Footnotes
- ↑ 1.0 1.1 Office of the Louisiana State Treasurer, "Divisions," accessed January 20, 2021
- ↑ 2.0 2.1 2.2 2.3 2.4 2.5 2.6 Louisiana State Senate, "Constitution of Louisiana," accessed January 20, 2021
- ↑ The Lens, "Election 2015," accessed October 25, 2015
- ↑ Louisiana House of Representatives, "FY 2025 State Budget Tracker," 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, "Selected State Administrative Officials: Annual Salaries, 2020," accessed January 20, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2019," accessed January 20, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2018," accessed January 20, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2017," accessed January 20, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2016," accessed January 20, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2015," accessed January 20, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries," accessed January 20, 2021
- ↑ Council of State Governments, "Table 4.11 Selected State Administrative Officials:Annual Salaries," accessed January 20, 2021
- ↑ LaTrac, "Department of Treasury Salaries," accessed January 20, 2021
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