In the
state governments of the United States
State governments of the United States are institutional units exercising functions of government at a level below that of the federal government. Each U.S. state's government holds legislative, executive, and judicial authority over a defined ...
, 48 of the 50
states have the
executive position of treasurer.
New York
New York most commonly refers to:
* New York City, the most populous city in the United States, located in the state of New York
* New York (state), a state in the northeastern United States
New York may also refer to:
Film and television
* '' ...
abolished the position in 1926; duties were transferred to
New York State Comptroller.
Texas
Texas (, ; Spanish language, Spanish: ''Texas'', ''Tejas'') is a state in the South Central United States, South Central region of the United States. At 268,596 square miles (695,662 km2), and with more than 29.1 million residents in 2 ...
abolished the position of
Texas State Treasurer in 1996, transferring the duties of that office to the
Texas Comptroller of Public Accounts.
The state treasurer serves as the chief custodian of each state's treasury and as the state's head banker. Typically, they receive and deposit state monies, manages investments, and keeps track of
budget surpluses and
deficit
A deficit is the amount by which a sum falls short of some reference amount.
Economics
* Balance of payments deficit, when the balance of payments is negative
* Government budget deficit
* Deficit spending, the amount by which spending exceeds ...
s. The position has powers and responsibilities similar to those of the
United States Secretary of the Treasury and the
Treasurer of the United States, or the
chief financial officer of a
corporation
A corporation is an organization—usually a group of people or a company—authorized by the state to act as a single entity (a legal entity recognized by private and public law "born out of statute"; a legal person in legal context) and ...
.
Current state treasurers or equivalents
In most states, the position is a statewide elected office, usually a constitutional office (that is, provided for in the
state constitution). In some states the position is appointed by the
governor as a member of the governor's
cabinet.
See also
*
*
California Municipal Treasurers Association (CMTA)
*
California Society of Municipal Finance Officers (CSMFO)
*
Government Finance Officers Association (GFOA)
*
Government Finance Officers Association of Texas (GFOAT)
*
State constitutional officer (United States)
In the United States, each state and territory has constitutional officers who lead the state governments of the United States. These officers may be elected or appointed, depending on the position. The number and powers of state constitutional ...
*
List of U.S. statewide elected officials
References
External links
{{DEFAULTSORT:State Treasurer
State treasurer
In the state governments of the United States, 48 of the 50 states have the executive position of treasurer. New York abolished the position in 1926; duties were transferred to New York State Comptroller. Texas abolished the position of Texas ...