North Dakota Treasurer
North Dakota Treasurer | |
General information | |
Office Type: | Partisan |
Office website: | Official Link |
Compensation: | $112,241 |
2023-25 FY Budget: | $1,986,869 |
Term limits: | None |
Structure | |
Length of term: | 4 years |
Authority: | Article V, Section 2 |
Selection Method: | Elected |
Current Officeholder | |
North Dakota Treasurer
Thomas Beadle | |
Elections | |
Next election: | November 7, 2028 |
Last election: | November 5, 2024 |
Other North Dakota Executive Offices | |
Governor • Lieutenant Governor • Secretary of State • Attorney General • Treasurer • Auditor • Superintendent of Education • Agriculture Commissioner • Insurance Commissioner • Natural Resources Commissioner • Labor Commissioner • Public Service Commission • Tax Commissioner |
The North Dakota Treasurer is an elected executive position in the North Dakota state government. The office manages the state's investments, pays all warrants or checks drawn against the state, and dispenses over 30 tax distributions to political subdivisions.[1]
Current officeholder
The current officeholder is Republican Thomas Beadle. He was first elected in 2020.[2]
Authority
The state Constitution establishes the office of treasurer in Article V, Section 2:[3]
The qualified electors of the state at the times and places of choosing members of the legislative assembly shall choose a governor, lieutenant governor, agriculture commissioner, attorney general, auditor, insurance commissioner, three public service commissioners, secretary of state, superintendent of public instruction, tax commissioner, and treasurer... |
Term Length
The four-year term length was established after an initiated constitutional amendment on the 1964 ballot was approved. Prior to this, the term length was two years.[4]
Qualifications
Article V, Section 4 of the North Dakota Constitution establishes the qualifications to hold the office of treasurer:
- qualified North Dakota voter
- at least 25 years old
- a resident of North Dakota for at least the five preceding years
To be eligible to hold an elective office established by this article, a person must be a qualified elector of this state, must be at least twenty-five years of age on the day of the election, and must have been a resident of this state for the five years preceding election to office. To be eligible to hold the office of governor or lieutenant governor, a person must be at least thirty years old on the day of the election. The attorney general must be licensed to practice law in this state.[3] |
Vacancies
Article V, Section 8 addresses vacancies in state executive offices. In the event of a vacancy, the governor nominates a successor who must be confirmed by the state Senate. Once confirmed, the individual serves the remainder of the unexpired term.[3]
Duties
The treasurer is responsible for managing the state funds. Chapter 54-11 of the North Dakota Century Code outlines the specific duties of the office:[5]
- ensure the legality of all deposits to and withdrawals from the state treasury, and record all transactions
- maintain a record of all revenues and expenditures of state agencies
- provide a report, within 90 days of the beginning of each fiscal year, to the budget section of the legislative assembly
- provide a biennial report to the governor and secretary of state
- make all books and records available for inspection at all times by the governor, the state auditor, the commissioner of financial institutions, the office of management and budget, and any committee appointed to examine them by either house of the legislative assembly
- work to provide public access to financial education tools
Additionally, the treasurer serves on the Board of University and School Lands, the State Board of Equalization, the State Historical Board, the State Investment Board, the Teacher's Fund for Retirement Board, and the State Canvassing Board.[1]
Elections
The treasurer in North Dakota is popularly elected every four years in presidential election years. The term of office is four years.[3]
2024
- See also: North Dakota Treasurer election, 2024
General election candidates
- Thomas Beadle (Incumbent) (Republican Party) ✔
Democratic primary candidates
No candidates filed for the Democratic Party primary.
Republican primary candidates
- Thomas Beadle (Incumbent) ✔
2020
- See also: North Dakota Treasurer election, 2020
General election candidates
- Mark Haugen (Democratic Party)
- Thomas Beadle (Republican Party) ✔
Democratic primary candidates
Republican primary candidates
2016
- See also: North Dakota Treasurer election, 2016
The general election for State Treasurer was held on November 8, 2016.
Incumbent Kelly Schmidt defeated Tim Mathern and Eric Olson in the North Dakota treasurer election.
North Dakota Treasurer, 2016 | ||||
---|---|---|---|---|
Party | Candidate | Vote % | Votes | |
Republican | Kelly Schmidt Incumbent | 62.95% | 204,733 | |
Democratic | Tim Mathern | 29.27% | 95,191 | |
Libertarian | Eric Olson | 7.63% | 24,829 | |
Write-in votes | 0.15% | 491 | ||
Total Votes | 325,244 | |||
Source: North Dakota Secretary of State |
Full history
To view the electoral history dating back to 2000 for the office of North Dakota Treasurer, click [show] to expand the section. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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2012Incumbent Kelly Schmidt (R) won re-election in 2012. She defeated Ross Mushik (D) in the November 6, 2012 general election.
2008On November 4, 2008, Kelly L. Schmidt won re-election to the office of North Dakota Treasurer. She defeated Mitch Vance (D-NPL) in the general election.
2004 On November 2, 2004, Kelly Schmidt won election to the office of North Dakota Treasurer. She defeated Dean Meyer (D-NPL) in the general election.
2000 On November 7, 2000, Kathi Gilmore won to the office of North Dakota Treasurer. She defeated Randy A. Schobinger (R) in the general election.
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Divisions
- Updated January 26, 2021
The treasurer's office is separated into five divisions:[1]
- Accounting
- Cash Management
- Financial Literacy
- Investments
- Tax Collections and Distribution
State budget
- See also: North Dakota state budget and finances
The budget for the Office of the Treasurer for the 2023-25 biennium was $1,986,869.[6]
Compensation
- See also: Compensation of state executive officers
The treasurer is legally entitled to an annual salary in accordance with Title 54 of the North Dakota Century Code. Taking into account value adjustments, the statute contains compensation figures for the previous and current year only.[7] The treasurer's pay may not be increased or diminished effective during the current term.
2022
In 2022, the officer's salary was $112,241, according to the Council of State Governments.[8]
2021
In 2021, the treasurer received a salary of $110,582, according to the Council of State Governments.[9]
2020
In 2020, the treasurer received a salary of $107,885, according to the Council of State Governments.[10]
2019
In 2019, the treasurer received a salary of $96,881, according to the Council of State Governments.[11]
2018
In 2018, the treasurer received a salary of $96,881, according to the Council of State Governments.[12]
2017
In 2017, the treasurer received a salary of $96,881, according to the Council of State Governments.[13]
2016
In 2016, the treasurer received a salary of $96,972, according to the Council of State Governments.[14]
2015
In 2015, the treasurer received a salary of $94,148, according to the Council of State Governments.[15]
2014
In 2014, the treasurer was paid an estimated $91,406, according to the Council of State Governments.[16]
2013
In 2013, the treasurer was paid an estimated $87,890, according to the Council of State Governments.[17]
Historical officeholders
There have been 34 treasurers of North Dakota since 1889. Four individuals, John Steen, Albert Jacobson, Walter Christensen, and Robert E. Hanson, served two non-consecutive terms.[1]
List of officeholders from 1889-present | |||||
---|---|---|---|---|---|
# | Name | Tenure | |||
1 | L.E. Booker | 1889-1892 | |||
2 | Knud J. Nomland | 1893-1894 | |||
3 | George E. Nichols | 1895-1898 | |||
4 | D.W. Driscoll | 1899-1900 | |||
5 | D.H. McMillan | 1901-1904 | |||
6 | Albert Peterson | 1905-1908 | |||
7 | G.L. Bickford | 1909-1910 | |||
8 | Gunder Olson | 1911-1914 | |||
9 | John Steen | 1915-1918 | |||
10 | Obert A. Olson | 1919-1920 | |||
11 | John Steen | 1921-1924 | |||
12 | C.A. Fisher | 1925-1928 | |||
13 | Berta Baker | 1929-1932 | |||
14 | Alfred S. Dale | 1933-1934 | |||
15 | John Gray | 1935-1938 | |||
16 | John Omland | 1939-1940 | |||
17 | Carl Anderson | 1941-1944 | |||
18 | Otto Krueger | 1945 | |||
19 | H.W. Swenson | 1945-1948 | |||
20 | Albert Jacobson | 1949-1952 | |||
21 | Ray Thompson | 1953-1954 | |||
22 | Albert Jacobson | 1955-1958 | |||
23 | M.J. Baumgartner | 1958 | |||
24 | John R. Erickson | 1959-1962 | |||
25 | Phil Hoghaug | 1963-1964 | |||
26 | Walter Christensen | 1965-1968 | |||
27 | Bernice Asbridge | 1969-1972 | |||
28 | Walter Christensen | 1973-1979 | |||
29 | Robert E. Hanson | 1979-1980 | |||
30 | John S. Lesmeister | 1981-1984 | |||
31 | Robert E. Hanson | 1985-1992 | |||
32 | Kathi Gilmore | 1993-2004 | |||
33 | Kelly Schmidt | 2005-2020 | |||
34 | Thomas Beadle | 2021-present |
Recent news
The link below is to the most recent stories in a Google news search for the terms North Dakota State Treasurer. These results are automatically generated from Google. Ballotpedia does not curate or endorse these articles.
Contact information
North Dakota State Treasurer
600 East Boulevard Ave, Department 120
Bismarck , ND 58505-0600
Phone: (701) 328-2643
Fax: (701) 328-3002
See also
North Dakota | State Executive Elections | News and Analysis |
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External links
Footnotes
- ↑ 1.0 1.1 1.2 1.3 Office of the North Dakota State Treasurer, "About the Office of State Treasurer," accessed October 16, 2024
- ↑ Office of the North Dakota State Treasurer, "Meet the Treasurer," accessed January 26, 2021
- ↑ 3.0 3.1 3.2 3.3 North Dakota State Legislature, "Constitution," accessed January 26, 2021
- ↑ North Dakota Legislative Branch, "Measures Before the Voters," accessed January 26, 2021
- ↑ North Dakota Legislative Branch, "Century Code," accessed January 26, 2021
- ↑ North Dakota Legislature, "68th Legislative Assembly State Budget Actions for the 2023-25 Biennium," accessed December 6, 2023
- ↑ North Dakota Century Code "Treasurer-Title 54 Chapter 11," accessed January 26, 2021
- ↑ 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, "Selected State Administrative Officials: Annual Salaries, 2020," accessed January 26, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2019," accessed January 26, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2018," accessed January 26, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2017," accessed January 26, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2016," accessed January 26, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2015," accessed January 26, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries," accessed January 26, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries," January 26, 2021
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