Nebraska Treasurer
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The treasurer is responsible for maintaining the state funds by investing and maintaining the state budget. The department's main purpose is to invest state funds and maintaining accurate records of transactions enacted by the state. The state office also disperses funds to local governments as needed, keeps track of unclaimed property and helps with investments.
The treasurer is elected every four years.
Current officeholder
The current treasurer of Nebraska is Don Stenberg (R). He was elected in 2010 and is serving in his first term.
Authority
The state Constitution addresses the office of treasurer in Article IV, the Executive Department.
Under Article IV, Section I:
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The executive officers of the state shall be the Governor, Lieutenant Governor, Secretary of State, Auditor of Public Accounts, State Treasurer, Attorney General, and the heads of such other executive departments as set forth herein or as may be established by law. |
Elections
Nebraska elects treasurers every four years during the mid-term elections, thus, 2010, 2014, and 2018 are all treasurer election years.
Term limits
Article IV, Section 3 of the state Constitution sets a limit of two consecutive terms for treasurers. After two consecutive terms a person becomes eligible to run again for the position after four years and/or one full term.
Compensation
The state Constitution addresses compensation for state executive officials in Article IV, Section 25.
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The officers provided for in this article shall receive such salaries as may be provided by law. Such officers, or such other officers as may be provided for by law, shall not receive for their own use any fees, costs, or interest upon public money in their hands. |
In 2010, the Nebraska Treasurer was paid an estimated $85,000 according to the Council of State Governments.[1]
Contact information
Nebraska State Treasurer's Office
Room 2005, State Capitol Bldg
PO Box 94788
Lincoln, NE 68509-4788
Phone: (402)471-2455
Fax: (402)471-4390
See also
- Treasurer
- Don Stenberg
- Nebraska Governor Dave Heineman
- Lieutenant Governor of Nebraska
- Nebraska Attorney General
- Nebraska Secretary of State
External links
References
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