Missouri Treasurer

Missouri State Executives

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The Treasurer of the State of Missouri is the chief financial officer of the government of Missouri.

The treasurer is responsible for maintaining the state funds by investing and maintaining the state budget. The department is divided into separate divisions, unclaimed property, savings programs and investments. The treasurer's office is the agency that give state money to local governments and invests state moneys as needed.

The treasurer is elected every four years.

Current officeholder

The current treasurer of Missouri is Clint Zweifel. Zweifel, a Democrat, was elected in 2008 and is serving in his first term.

Authority

The state Constitution addresses the office of state treasurer in Article IV, the Executive Department.

Under Article IV, Section 15:

The state treasurer shall be custodian of all state funds and funds received from the United States government...

Elections

Missouri elects treasurers in the Presidential elections, that is, in leap years. For Missouri, 2004, 2008, 2012, and 2016 are all treasurer election years.

Term limits

The treasurer is limited to two terms, but not necessarily consecutive.

Duties

Article IV, Section 15 of the state Constitution outlines the following duties of the treasurer:

• Custodian of all state and federal funds
• "Deposit all moneys in the state treasury in banking institutions selected by him and approved by the governor and state auditor, and he shall hold them for the benefit of the respective funds to which they belong and disburse them as provided by law."
• Determine by the exercise of his best judgment the amount of moneys in his custody that are not needed for current expenses and shall place all such moneys on time deposit, bearing interest, in banking institutions in this state"
• Enter into repurchase agreements
• Invest in banker's acceptances
• "Prepare, maintain and adhere to a written investment policy"

Compensation

Article IV, Section 21 of the state Constitution addresses compensation of executive officials:

Under Article IV, Section 21:

The officers named in this article shall receive for their services salaries fixed by law, which shall not be increased or diminished during their terms.

In 2010, the Missouri Treasurer was paid an estimated $107,746 according to the Council of State Governments.

Former officeholders

Since 1820, Missouri has had 45 state treasurers. Of those 45, 36 have been Democrats and 9 have been Republicans.

#	Name	Took office	Left office	Party
1	John Peter Didier	1820	1821	Democratic
2	Nathaniel Simonds	1821	1829	Democratic
3	James Earickson	1829	1833	Democratic
4	John Walker	1833	1838	Democratic
5	Abraham McClellan	1838	1843	Democratic
6	Peter Garland Glover	1843	1851	Democratic
7	Alfred William Morrison	1851	1861	Democratic
8	George Caleb Bingham	1862	1865	Democratic
9	William Bishop	1865	1869	Republican
10	William Quintilis Dallmeyer	1869	1871	Republican
11	Samuel Hays	1871	1873	Republican
12	Harvey Wallis Salmon	1873	1875	Democratic
13	Joseph Wayne Mercer	1875	1877	Democratic
14	Elijah Gates	1877	1881	Democratic
15	Phillip Edward Chappel	1881	1885	Democratic
16	James Monroe Seibert	1885	1889	Democratic
17	Edward T. Noland	1889	1890	Democratic
18	Lon Vest Stephens	1890	1897	Democratic
19	Frank Littleton Pitts	1897	1901	Democratic
20	Robert Prewitt Williams	1901	1905	Democratic
21	Jacob Friedrich Gmelich	1905	1909	Republican
22	James Cowgill	1909	1913	Democratic
23	Edwin P. Deal	1913	1917	Democratic
24	George H. Middlekamp	1917	1921	Democratic
25	Lorenzo Dow Thompson	1921	1925	Republican
26	C. Eugene Stephens	1925	1929	Republican
27	Larry Brunk	1929	1933	Republican
28	Richard R. Nacy	1933	1937	Democratic
29	Robert William Winn	1937	1941	Democratic
30	Wilson Bell	1941	1945	Democratic
31	Robert William Winn	1945	1948	Democratic
32	Richard R. Nacy	1948	1949	Democratic
33	Mount Etna Morris	1949	1953	Democratic
34	George Hubert Bates	1953	1957	Democratic
35	Mount Etna Morris	1957	1961	Democratic
36	Milton Carpenter	1961	1965	Democratic
37	Mount Etna Morris	1965	1969	Democratic
38	William Edmond Robinson	1969	1973	Democratic
39	James I. Spainhower	1973	1981	Democratic
40	Mel Carnahan	1981	1985	Democratic
41	Wendell Bailey	1985	1993	Republican
42	Bob Holden	1993	2001	Democratic
43	Nancy Farmer	2001	2005	Democratic
44	Sarah Steelman	2005	2009	Republican
45	Clint Zweifel	2009	Present	Democratic

Contact information

Missouri State Treasurer's Office
P.O. Box 210
Jefferson City, MO 65102

Phone: (573) 751-8533
Fax: (573) 751-0343

See also

• Treasurer
• Clint Zweifel
• Missouri Governor Jay Nixon
• Lieutenant Governor of Missouri
• Missouri Attorney General
• Missouri Secretary of State

External links

Suggest a link

• Missouri State Treasurer's Office

References

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