Oregon Treasurer
| Oregon Treasurer | |
 | |
| General information | |
| Office Type: | Partisan |
| Office website: | Official Link |
| Compensation: | $77,000 |
| 2023-25 FY Budget: | $131,678,305 |
| Term limits: | 8 years in a 12 year period |
| Structure | |
| Length of term: | 4 years |
| Authority: | Oregon Constitution, Article VI, Section 1 |
| Selection Method: | Elected |
| Current Officeholder | |
| Tobias Read | |
| Elections | |
| Next election: | November 7, 2028 |
| Last election: | November 5, 2024 |
| Other Oregon Executive Offices | |
| Governor • Secretary of State • Attorney General • Treasurer • Auditor • Superintendent of Education • Agriculture Commissioner • Insurance Commissioner • Natural Resources Commissioner • Labor Commissioner • Public Service Commission | |
The Treasurer of the State of Oregon is an elected constitutional officer within the executive branch of the Oregon state government. The treasurer is the state's chief investment officer and is responsible for managing the state's money.[1]
Current officeholder
The current treasurer of Oregon is Democrat Tobias Read. He was elected on November 8, 2016, and assumed office on January 2, 2017.[2]
Authority
The office of Oregon Treasurer is established in Article VI, Section 1 of the Oregon Constitution.
Article VI, Section 1:
| There shall be elected by the qualified electors of the State, at the times and places of choosing members of the Legislative Assembly, a Secretary, and Treasurer of State, who shall severally hold their offices for the term of four years; but no person shall be eligible to either of said offices more than eight in any period of twelve years.[3] |
Qualifications
Note: Ballotpedia's state executive officials project researches the constitutional or statutory text that establishes the requirements necessary to qualify for a state executive office. That information for the Oregon Treasurer has not yet been added. After extensive research, we were unable to identify any relevant information on state official websites. If you have any additional information about this office for inclusion on this section and/or page, please email us.
Vacancies
Article 5, Section 16 of the state Constitution outlines how vacancies in the office are to be filled. The governor fills any vacancy by appointment that expires when a successor has been elected and qualified.[3]
Duties
The official duties of the office are outlined in Chapter 178 of the Oregon Statutes:[4]
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Elections
The treasurer is elected every four years in presidential election years.[3]
2024
- See also: Oregon Treasurer election, 2024
General election candidates
- Elizabeth Steiner Hayward (Democratic Party) ✔
- Brian Boquist (Republican Party, Constitution Party)
- Mary King (Pacific Green Party, Working Families Party)
= candidate completed Ballotpedia's Candidate Connection survey
Democratic primary candidates
Did not make the ballot:
Republican primary candidates
2020
- See also: Oregon Treasurer election, 2020
General election candidates
- Tobias Read (Incumbent) (Democratic Party, Working Families Party) ✔
- Jeff Gudman (Republican Party)
- Michael P. Marsh (Constitution Party)
- Chris Henry (Pacific Green Party, Progressive Party, Independent)
Democratic primary candidates
- Tobias Read (Incumbent) ✔
Republican primary candidates
Minor Party convention candidates
Pacific Green Party
2016
- See also: Oregon Treasurer election, 2016
The general election for State Treasurer was held on November 8, 2016.
Tobias Read defeated Jeff Gudman, Chris Telfer, and Chris Henry in the Oregon treasurer election.[6]
| Oregon Treasurer, 2016 | ||||
|---|---|---|---|---|
| Party | Candidate | Vote % | Votes | |
| Democratic |  Tobias Read |
43.97% | 808,998 | |
| Republican | Jeff Gudman | 41.67% | 766,680 | |
| Independent Party of Oregon | Chris Telfer | 9.45% | 173,878 | |
| Pacific Green Party of Oregon | Chris Henry | 4.92% | 90,507 | |
| Total Votes | 1,840,063 | |||
| Source: Oregon Secretary of State | ||||
Full history
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2012Incumbent Ted Wheeler (D) defeated Tom Cox (R) and three minor-party challengers to win re-election on November 6, 2012.
2010On November 2, 2010, Ted Wheeler won re-election to the office of Oregon Treasurer. He defeated Chris Telfer (R), Walter F. (Walt) Brown (P) and Michael Marsh (C) in the general election.
2008On November 4, 2008, Ben Westlund won election to the office of Oregon Treasurer. He defeated Allen Alley (R) and Michael Marsh (C) in the general election.
2004 On November 2, 2004, Randall Edwards won re-election to the office of Oregon Treasurer. He defeated Jeff Caton (R), Mitch Shults (L) and Carole D. Winegarden (C) in the general election.
2000 On November 7, 2000, Randall Edwards won election to the office of Oregon Treasurer. He defeated Jon Kvistad (R), Mitchell T. Shults (L), Leonard Zack (Ref) and Carlos F. Lucero (C) in the general election.
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Term limits
In Oregon, the office of treasurer is subject to term limits. As specified in Article VI, Section 1 of the Oregon State Constitution, an officeholder is allowed to remain in the position for eight years in a 12-year period.[3]
Divisions
The Oregon Treasurer's office is organized into several distinct divisions:[7]
- Achieving a Better Life Experience Act (ABLE) Program
- Executive Services
- Debt Management
- Investment
- Oregon Investment Council
- Public Funds Collateralization Program
- Public Infrastructure Program
- Oregon 529 College Savings Network
- Treasury Services
State budget
- See also: Oregon state budget and finances
The budget for the Office of the Treasurer for the 2023-25 biennium was $131,678,305.[8]
Compensation
- See also: Compensation of state executive officers
See statutes: Chapter 292, Section 311 of the Oklahoma Statutes
The treasurer, along with the rest of Oregon's elected executives, is entitled to an annual salary, payable monthly, in accordance with Title 28, Chapter 292, Section 311 (§ 292.311) of the Oregon Statutes. The amount of compensation the treasurer receives was set at $77,000 for the year beginning January 1, 2014, plus $250 per month regularly for miscellaneous, job-related expenses.[9]
2022
In 2022, the officer's salary was $77,000, according to the Council of State Governments.[10]
2021
In 2021, the treasurer received a salary of $77,000, according to the Council of State Governments.[11]
2020
In 2020, the treasurer received a salary of $72,000, according to the Council of State Governments.[12]
2019
In 2019, the treasurer received a salary of $72,000, according to the Council of State Governments.[13]
2018
In 2018, the treasurer received a salary of $72,000, according to the Council of State Governments.[14]
2017
In 2017, the treasurer received a salary of $72,000, according to the Council of State Governments.[15]
2016
In 2016, the treasurer received a salary of $77,000, according to the Council of State Governments.[16]
2015
In 2015, the treasurer received a salary of $77,000, according to the Council of State Governments.[17]
2014
In 2014, the treasurer was paid an estimated $72,000, according to the Council of State Governments.[18]
2013
In 2013, the treasurer was paid an estimated $72,000, according to the Council of State Governments.[19]
Historical officeholders
Note: Ballotpedia's state executive officials project researches state official websites for chronological lists of historical officeholders; information for the Oregon Treasurer has not yet been added because the information was unavailable on the relevant state official websites, or we are currently in the process of formatting the list for this office. If you have any additional information about this office for inclusion on this section and/or page, please email us.
Recent news
The link below is to the most recent stories in a Google news search for the terms Oregon Treasurer. These results are automatically generated from Google. Ballotpedia does not curate or endorse these articles.
Contact information
Oregon State Treasurer's Office[1]
900 Court Street, Room 159
Salem, OR 97301
Phone:
Read's Office: 503-378-4329
Treasury Services: 503-378-4000
See also
| Oregon | State Executive Elections | News and Analysis |
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External links
Footnotes
- ↑ 1.0 1.1 Oregon State Treasury, "About Treasury," accessed January 22, 2021
- ↑ Oregon State Treasury, "Oregon Investment Council," accessed January 22, 2021
- ↑ 3.0 3.1 3.2 3.3 Oregon Legislature, "Oregon Constitution, 2014 Edition," accessed January 22, 2021
- ↑ Oregon Legislature, "Chapter 178 — State Treasurer; Oregon Retirement Savings Plan; Oregon 529 Savings," accessed January 22, 2021
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
- ↑ Oregon Secretary of State, "November 8, 2016, General Election Abstract of Votes," accessed May 25, 2017
- ↑ Oregon Legislature, "2019-21 Legislatively Adopted Budget, Detailed Analysis," accessed January 22, 2021
- ↑ Oregon Legislature, "2023-25 Budget Highlights Update," accessed December 6, 2023
- ↑ Oregon Legislature, "Chapter 292 — Salaries and Expenses of State Officers and Employees," accessed January 22, 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
- ↑ ISSUU, "The Book of the States | 2020 | Volume 52," accessed January 19, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2019," accessed January 19, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2018," accessed January 19, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2017," accessed January 19, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2016," accessed August 27, 2016
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2015," accessed August 27, 2016
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries," accessed December 8, 2014
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries," January 28, 2014
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