{{Short description|Chief banker and investment officer for the state of Arizona}} {{Infobox Political post |post = State Treasurer |body = Arizona |insigniacaption = Seal of Arizona |imagesize = 150px |image =File:Kimberly Yee by Gage Skidmore 3.jpg |incumbent = Kimberly Yee |incumbentsince = January 7, 2019 |style = The Honorable |termlength = Four years, can succeed self once; eligible again after a 4-year respite |residence = Phoenix, Arizona |formation = 1912 |succession = Third |deputy = Mark Swenson |salary = $70,000 |website = {{url|https://aztreasury.gov/}} }} The '''state treasurer of Arizona''' is a constitutional officer in the executive branch of government of the U.S. state of Arizona. Forty-five individuals have occupied the office of state treasurer since statehood. The incumbent is Kimberly Yee, a Republican.
==Election and term of office== The state treasurer is one of six statewide elected officials and serves a term of four years. A person may only serve as state treasurer for two consecutive terms.
==Powers and duties== The state treasurer is the chief banker and investment officer for the state of Arizona. In this capacity, the state treasurer receives payments made to the state, accounts for and manages the state's cash flows, provides banking services to state agencies, directs and administers the investment of the state's approximately $95.9 billion portfolio, and disburses public monies in payment of warrants drawn by the General Accounting Office, Arizona's comptroller.<ref>{{Cite web|url=https://www.azleg.gov/viewdocument/?docName=https%3A%2F%2Fwww.azleg.gov%2Fars%2F41%2F00172.htm|title=Section 41-172, Arizona Revised Statutes|publisher=Arizona Legislative Council|access-date=August 12, 2024}}</ref><ref>{{Cite web|url=https://www.azleg.gov/arsDetail/?title=35|title=Title 34, Chapter 1, Articles 3, 4, and 5; Chapter 2, Articles 1 and 2|publisher=Arizona Legislative Council|access-date=August 12, 2024}}</ref><ref>{{Cite web|url=https://gao.az.gov/|title=General Accounting Office|publisher=Arizona Department of Administration|access-date=August 12, 2024}}</ref>{{Efn|Assets under management include the working capital of the state of Arizona’s governmental and proprietary funds along with agency-specific trust funds, the permanent land endowment fund, Arizona’s tax-advantaged college savings plan, and the local government investment pool.<ref>{{Cite web|url=https://www.aztreasury.gov/investment-performance|title=Investment Performance|publisher=Arizona State Treasurer's Office|access-date=August 12, 2024}}</ref><ref>{{Cite web|url=https://az529.gov/faq/|title=Frequently Asked Questions|publisher=Arizona State Treasurer's Office|access-date=August 12, 2022}}</ref> However, the state treasurer does not invest state pensions; fiduciary responsibility for that fund instead rests with the Arizona State Retirement System, an independent state agency which administers pensions for state and local government employees plus public school teachers.<ref>{{Cite web|url=https://www.azasrs.gov/content/about-us|title=About Us|publisher=Arizona State Retirement System|access-date=August 12, 2024}}</ref>}}
Functional responsibilities aside, the state treasurer is ex officio chairperson of the Board of Investment and a member of both the State Selection Board and the Board of Loan Commissioners.<ref>{{Cite web|url=https://www.aztreasury.gov/board-of-investment|title=Board of Investment|publisher=Arizona State Treasurer's Office|access-date=August 12, 2024}}</ref><ref>{{Cite web|url=https://www.azleg.gov/viewdocument/?docName=https://www.azleg.gov/ars/37/00202.htm|title=Section 37-202, Arizona Revised Statutes|publisher=Arizona Legislative Council|access-date=August 12, 2024}}</ref><ref>{{Cite web|url=https://www.azleg.gov/viewdocument/?docName=https://www.azleg.gov/ars/35/00421.htm|title=Section 35-421, Arizona Revised Statutes|publisher=Arizona Legislative Council|access-date=August 12, 2024}}</ref> These bodies prescribe investment policies for the state investment portfolio, select or cause for the withdrawal and survey of trust lands granted to Arizona by Congress, and manage state indebtedness, respectively. The state treasurer is also third (after the secretary of state and attorney general) in the line of succession to the office of governor of Arizona.<ref>{{cite web|url=https://www.azleg.gov/viewDocument/?docName=http://www.azleg.gov/const/5/6.htm|title=Constitution of Arizona: Article V, Section 6|work=Arizona Legislature|access-date=August 22, 2019}}</ref>
==List of State Treasurers of Arizona== {| class="wikitable" !# !Image !Name !Political Party !Term of Office |- {{Party shading/Democratic}} |1 | |David F. Johnson |Democratic |1912–1915 |- {{Party shading/Democratic}} |2 |60px |Mit Simms |Democratic |1915–1917 |- {{Party shading/Democratic}} |3 | |David F. Johnson |Democratic |1917–1919 |- {{Party shading/Democratic}} |4 | |Harry S. Ross |Democratic |1919–1921 |- {{Party shading/Democratic}} |5 | |Raymond R. Earhart |Democratic |1921–1923 |- {{Party shading/Democratic}} |6 | |Wayne Hubbs |Democratic |1923–1925 |- {{Party shading/Democratic}} |7 | |Vernon S. Wright |Democratic |1925–1927 |- {{Party shading/Democratic}} |8 | |J. C. Callaghan |Democratic |1927–1929 |- {{Party shading/Democratic}} |10 | |Charles R. Price |Democratic |1929–1931 |- {{Party shading/Democratic}} |11 |60px |Mit Simms |Democratic |1931–1933 |- {{Party shading/Democratic}} |12 | |W. M. Cox |Democratic |1933–1935 |- {{Party shading/Democratic}} |13 |60px |Mit Simms |Democratic |1935–1937 |- {{Party shading/Democratic}} |14 | |Harry M. Moore |Democratic |1937–1939 |- {{Party shading/Democratic}} |15 | |William G. Petersen |Democratic |1939–1941 |- {{Party shading/Democratic}} |16 | |Joe Hunt |Democratic |1941–1943 |- {{Party shading/Democratic}} |17 | |James D. Brush |Democratic |1943–1944 |- {{Party shading/Democratic}} |18 | |Alva E. Weaver |Democratic |1944–1945 |- {{Party shading/Democratic}} |19 | |William T. Brooks |Democratic |1945–1947 |- {{Party shading/Democratic}} |20 |60px |Mit Simms |Democratic |1947–1949 |- {{Party shading/Democratic}} |21 | |J. W. Kelly |Democratic |1949–1951 |- {{Party shading/Democratic}} |22 | |E. T. Williams, Jr. |Democratic |1951–1953 |- {{Party shading/Democratic}} |23 | |J. W. Kelly |Democratic |1953–1955 |- {{Party shading/Democratic}} |24 | |E. T. Williams, Jr. |Democratic |1955–1957 |- {{Party shading/Democratic}} |25 | |J. W. Kelly |Democratic |1957–1959 |- {{Party shading/Democratic}} |26 | |H. Y. Sprague |Democratic |1959–1960 |- {{Party shading/Republican}} |27 | |John Quebedeaux |Republican |1960–1961 |- {{Party shading/Democratic}} |28 | |J. W. Kelly |Democratic |1961–1963 |- {{Party shading/Democratic}} |29 | |Milton J. Husky |Democratic |1963–1965 |- {{Party shading/Democratic}} |30 | |Bob Kennedy |Democratic |1965–1967 |- {{Party shading/Republican}} |31 | |Charles H. Garland |Republican |1967–1969 |- {{Party shading/Republican}} |32 | |Morris A. Herring |Republican |1969–1971 |- {{Party shading/Republican}} |33 | |Ernest Garfield |Republican |1971–1973 |- {{Party shading/Republican}} |34 | |Bart Fleming |Republican |1973–1979 |- {{Party shading/Republican}} |35 | |Clark Dierks |Republican |1979–1983 |- {{Party shading/Republican}} |36 | |Ray Rottas |Republican |1983–1991 |- {{Party shading/Republican}} |37 | |Tony West |Republican |1991–1999 |- {{Party shading/Republican}} |38 | |Carol Springer |Republican |1999–2003 |- {{Party shading/Republican}} |39 | |David Petersen |Republican |2003–2006 |- {{Party shading/Republican}} |40 | |Elliott Hibbs |Republican |2006–2007 |- {{Party shading/Republican}} |41 | |Dean Martin |Republican |2007–2011 |- {{Party shading/Republican}} |42 |60px |Doug Ducey |Republican |2011–2015 |- {{Party shading/Republican}} |43 |60px |Jeff DeWit |Republican |2015–2018 |- {{Party shading/Republican}} |44 |60px |Eileen Klein |Republican |2018–2019 |- {{Party shading/Republican}} |45 |60px |Kimberly Yee |Republican |2019–present |}
==Notes== {{Noteslist}}
==References== {{Reflist}}
==External links== * [https://aztreasury.gov/ State Treasurer of Arizona] official website
{{Arizona}} {{Arizona statewide elected officials}} {{U.S. State Treasurers}}
Category:State treasurers of Arizona Category:Government of Arizona