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From Wikipedia, the free encyclopedia
The West Virginia state treasurer is the state's chief financial officer.[1] It is one of six constitutionally mandated offices.[2] Elected statewide for a four year term, the treasurer is responsible for overseeing state operating funds, monitoring state debt and performing banking and accounting duties in accordance with state law.[1] The state treasurer also serves on several state government financial boards.[1]
State Treasurer of West Virginia | |
---|---|
since January 18, 2021 | |
Style | The Honorable |
Term length | Four years, no term limit |
Inaugural holder | Campbell Tarr 1863 |
Formation | Constitution of West Virginia |
Website | State Treasurer's Office |
In accordance with the West Virginia State Constitution, qualifications for state treasurer include being a citizen of West Virginia who is entitled to vote, and who has been a resident of West Virginia for at least the preceding five years.[3] There are no limits on the number of terms the state treasurer can serve.[3]
In the event of a vacancy, the governor is authorized to appoint a treasurer until a special election can be held for the remainder of the term.[4] In making the appointment, the governor is required to choose from a list of three nominees submitted by the executive committee of the state party to which the previous treasurer belonged.[4] If the nominees are not submitted within 15 days, the governor is empowered to appoint within five days a qualified nominee of the previous treasurer's party.[4]
The state treasurer's office was created at the 1863 Constitutional Convention that founded the state of West Virginia.[2] The functions of the state treasurer's office are detailed in various sections of the West Virginia Code.[2]
The state treasurer is the state's chief financial officer and has responsibility for the cash management of West Virginia’s government.[2] Duties include:[2]
Another role of the state treasurer is membership on several state government financial boards.[2] The treasurer serves as chair of the Board of Treasury Investments and Prepaid Tuition and Savings Program Board of Trustees.[2] In addition, the treasurer serves on the:[2]
Individuals who have served as West Virginia state treasurer include:[2]
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