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South Dakota Treasurer
| South Dakota State Treasurer | |
 | |
| General information | |
| Office Type: | Partisan |
| Office website: | Official Link |
| Compensation: | $120,910 |
| 2025 FY Budget: | $63,659,936 |
| Term limits: | Two consecutive terms |
| Structure | |
| Length of term: | 4 years |
| Authority: | South Dakota Constitution, Article 4, Section 7 |
| Selection Method: | Elected |
| Current Officeholder(s) | |
South Dakota Treasurer
Josh Haeder | |
| Elections | |
| Next election: | November 3, 2026 |
| Last election: | November 8, 2022 |
| Other South Dakota Executive Offices | |
| Governor • Lieutenant Governor • Secretary of State • Attorney General • Treasurer • Auditor • Superintendent of Education • Agriculture Commissioner • Insurance Commissioner • Commissioner of School and Public Lands • Natural Resources Commissioner • Labor Commissioner • Public Service Commission | |
The Treasurer of South Dakota is an elected position in the South Dakota state government. The treasurer is South Dakota's chief banking official. The treasurer is elected every four years.[1]
Current officeholder
The current South Dakota Treasurer is Josh Haeder (R). Haeder assumed office in 2019.
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. [2] |
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 treasurer is 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 treasurer.[2]
2022
- See also: South Dakota Treasurer election, 2022
General election
General election for South Dakota Treasurer
Incumbent Josh Haeder defeated John Cunningham in the general election for South Dakota Treasurer on November 8, 2022.
Candidate | % | Votes | ||
| ✔ | Josh Haeder (R) | 67.0 | 219,334 | |
 | John Cunningham (D) | 33.0 | 107,916 | |
| Total votes: 327,250 | |||
 = candidate completed the Ballotpedia Candidate Connection survey. | ||||
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Democratic convention
Democratic convention for South Dakota Treasurer
John Cunningham advanced from the Democratic convention for South Dakota Treasurer on July 9, 2022.
Candidate | ||
| ✔ | | John Cunningham (D) |
| ||||
| = candidate completed the Ballotpedia Candidate Connection survey. | ||||
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Republican convention
Republican convention for South Dakota Treasurer
Incumbent Josh Haeder advanced from the Republican convention for South Dakota Treasurer on June 25, 2022.
Candidate | ||
| ✔ | Josh Haeder (R) | |
| ||||
| = candidate completed the Ballotpedia Candidate Connection survey. | ||||
| If you are a candidate and would like to tell readers and voters more about why they should vote for you, complete the Ballotpedia Candidate Connection Survey. | ||||
Do you want a spreadsheet of this type of data? Contact our sales team. | ||||
Past elections
Vacancies
Article IV, Section 3 of the state Constitution grants the governor the authority to fill any vacancy in the office of treasurer by appointment.[2]
Duties
As of February 2021, stated duties of the treasurer included:[1]
| “ | The State Treasurer is the state's chief banking official serving as the receiver and custodian of all state fund transfers and deposits. The office also manages banking relationships for the state of South Dakota and monitors local bank accounts held by various state agencies. Treasurer, Josh Haeder, additionally plays a role in responsible management of South Dakota's resources by sitting on the board of the State Investment Council which manages investment of the financial assets of the State of South Dakota. Additionally, the State Treasurer is a member of the State Board of Finance which manages state financial issues including bad debt, moving allowance for state transfers, per diem allowances, etc.[3] | ” |
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
- See also: South Dakota state budget and finances
The budget for the State Treasurer's office in Fiscal Year 2025 was $63,659,936.[4]
Compensation
- See also: Compensation of state executive officers
See statutes: SD Codified L § 3-8-2.1 (2014)
The treasurer's annual compensation is set by Title 3, Chapter 8, Section 2 (§ 3-8-2.1) of the South Dakota Codified Laws and it may not be raised or diminished effective during a term in office, pursuant to Article XII, Section 3 of the South Dakota Constitution.
The treasurer's base salary is subject to annual rate increases under the General Appropriations Act for each corresponding year.[5]
2023
In 2023, the officer's salary was $120,910, according to the Council of State Governments.[6]
2022
In 2022, the officer's salary was $97,185, according to the Council of State Governments.[7]
2021
In 2021, the treasurer received a salary of $94,906, according to the Council of State Governments.[8]
2020
In 2020, the treasurer received a salary of $93,046 according to the Council of State Governments.[9]
2019
In 2019, the treasurer received a salary of $89,700 according to the Council of State Governments.[10]
2018
In 2018, the treasurer received a salary of $89,700 according to the Council of State Governments.[11]
2017
In 2017, the treasurer received a salary of $89,700 according to the Council of State Governments.[12]
2016
In 2016, the treasurer received a salary of $87,341 according to the Council of State Governments.[13]
2015
In 2015, the treasurer received a salary of $85,629 according to the Council of State Governments.[14]
2014
In 2014, the treasurer received a salary of $83,135 according to the Council of State Governments.[15]
2013
In 2013, the treasurer received a salary of $80,714 according to the Council of State Governments.[16]
2010
In 2010, the treasurer received a salary of $78,363 according to the Council of State Governments.[17]
Historical officeholders
There have been 33 South Dakota treasurers since 1889. Of the 33 officeholders, 30 were Republicans and three were Democrats.[18]
| List of officeholders from 1889-Present | |||||
|---|---|---|---|---|---|
| # | Name | Tenure | Party | ||
| 1 | Wilbur F. Smith | 1889 – 1891 |  Republican
| ||
| 2 | W.W. Taylor | 1891 – 1895 | Republican
| ||
| 3 | Kirk G. Phillips | 1895 – 1899 | Republican
| ||
| 4 | John Schamber | 1899 – 1903 | Republican
| ||
| 5 | C.B. Collins | 1903 – 1907 | Republican
| ||
| 6 | C.H. Cassill | 1907 – 1909 | Republican
| ||
| 7 | George G. Johnson | 1909 – 1913 | Republican
| ||
| 8 | A.W. Ewert | 1913 – 1917 | Republican
| ||
| 9 | G.H. Helgerson | 1917 – 1921 | Republican
| ||
| 10 | W.S. O'Brien | 1921 – 1923 | Republican
| ||
| 11 | James L. Driscoll | 1923 – 1927 | Republican
| ||
| 12 | A.J. Moodie | 1927 – 1931 | Republican
| ||
| 13 | A.C. Goodhope | 1931 – 1933 | Republican
| ||
| 14 | Frank G. Siewert | 1933 – 1937 |  Democratic
| ||
| 15 | W.H. Hinselman | 1937 – 1939 | Democratic
| ||
| 16 | W.G Douglas | 1939 – 1942 | Republican
| ||
| 17 | John N. Thompson | 1942 – 1943 | Republican
| ||
| 18 | E.V. Youngquist | 1943 – 1945 | Republican
| ||
| 19 | Hazel Dean | 1945 – 1947 | Republican
| ||
| 20 | C.E. Buehler | 1947 – 1951 | Republican
| ||
| 21 | Theodore Mehlhaf | 1951 – 1955 | Republican
| ||
| 22 | Ed T. Elkins | 1955 – 1959 | Republican
| ||
| 23 | Al Hamre | 1959 – 1963 | Republican
| ||
| 24 | Lloyd Jorgenson | 1963 – 1967 | Republican
| ||
| 25 | Al Hamre | 1967 – 1969 | Republican
| ||
| 26 | Neal Strand | 1969 – 1973 | Republican
| ||
| 27 | David Volk | 1973 – 1990 | Republican
| ||
| 28 | Janis Y. Kelley | 1990 – 1991 | Republican
| ||
| 29 | G. Homer Harding | 1991 – 1994 | Republican
| ||
| 30 | Richard D. Butler | 1995 – 2003 | Democratic
| ||
| 31 | Vernon L. Larson | 2003 – 2011 | Republican
| ||
| 32 | Richard Sattgast | 2011 – 2019 | Republican
| ||
| 33 | Josh Haeder | 2019 – present | Republican
| ||
Territorial Treasurers
There were 10 treasurers of Dakota Territory between 1861 and 1889.[18]
| List of officeholders from 1861-1889 | |||||
|---|---|---|---|---|---|
| # | Name | Tenure | |||
| 1 | G.G. Irish | 1861 – 1863 | |||
| 2 | J.O. Taylor | 1863 – 1864 | |||
| 3 | M.K. Armstrong | 1865 – 1868 | |||
| 4 | T.K. Hovey | 1869 – 1870 | |||
| 5 | E.A. Sherman | 1871 – 1874 | |||
| 6 | John Clementson | 1875 – 1877 | |||
| 7 | W.H. McVay | 1878 – 1883 | |||
| 8 | J.W. Raymond | 1883 – 1887 | |||
| 9 | J.D. Lawler | 1887 – 1888 | |||
| 10 | Joseph Bailey | 1889 | |||
Recent news
The link below is to the most recent stories in a Google news search for the terms South Dakota State Treasurer. These results are automatically generated from Google. Ballotpedia does not curate or endorse these articles.
Contact information
Office of the State Treasurer: South Dakota
500 E Capitol Ave., Ste 212
Pierre, SD 57501
Phone: (605) 773-3378
Fax: (866) 773-3115
See also
| South Dakota | State Executive Elections | News and Analysis |
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External links
Footnotes
- ↑ 1.0 1.1 South Dakota Treasurer, "Our Office," accessed February 2, 2021
- ↑ 2.0 2.1 2.2 South Dakota Legislature, "South Dakota Constitution," accessed February 2, 2021
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
- ↑ South Dakota Bureau of Finance and Management, "Budget in Brief - Fiscal Year 2025," accessed January 23, 2025
- ↑ Justia.com, "2014 South Dakota Codified Laws: Title 3 - PUBLIC OFFICERS AND EMPLOYEES: Chapter 08 - Compensation of Officers and Employees § 3-8-2.1: Adjustment of salaries of constitutional officers and judges," accessed February 2, 2021
- ↑ Council of State Governments, "Book of the States 2023 Table 4.11: Selected State Administrative Officials: Annual Salaries," accessed January 21, 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 28, 2022
- ↑ Council of State Governments, "The Book of the States 2020," accessed February 2, 2021
- ↑ Council of State Governments, "The Book of the States 2019," accessed February 2, 2021
- ↑ Council of State Governments, "The Book of the States 2018," accessed February 2, 2021
- ↑ Council of State Governments, "The Book of the States 2017," accessed February 2, 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 December 8, 2014
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries," January 28, 2014
- ↑ The Council of State Governments, "The Book of States 2010 Table 4.11," accessed May 14, 2011
- ↑ 18.0 18.1 South Dakota Blue Book 2009, "Chapter 4," accessed February 2, 2021
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