South Dakota Treasurer

South Dakota State Treasurer

General information
Office Type: | Partisan
Office website: | Official Link
Compensation: | $93,046
2020 FY Budget: | $50,405,699
Term limits: | Two consecutive terms
Structure
Length of term: |  4 years
Authority: | South Dakota Constitution, Article 4, Section 7
Selection Method: | Elected
Current Officeholder
Josh Haeder
Elections
Next election: | November 8, 2022
Last election: | November 6, 2018
Other South Dakota Executive Offices
Governor • Lieutenant Governor • Secretary of State • Attorney General • Treasurer • Auditor • Superintendent of Education • Agriculture Commissioner • Insurance Commissioner • Commissioner of School and Public Lands • Natural Resources Commissioner • Labor Commissioner • Public Service Commission

## Contents

* 1 Current officeholder
* 2 Authority
* 3 Qualifications
* 4 Elections
* 4.1 2022
* 4.2 2018
* 4.3 2014
* 4.4 Full history
* 4.5 Term limits
* 5 Vacancies
* 6 Duties
* 7 Divisions
* 8 State budget
* 9 Compensation
* 9.1 2020
* 9.2 2019
* 9.3 2018
* 9.4 2017
* 9.5 2016
* 9.6 2015
* 9.7 2014
* 9.8 2013
* 9.9 2010
* 10 Historical officeholders
* 10.1 Territorial Treasurers
* 11 Recent news
* 12 Contact information
* 13 See also
* 14 External links
* 15 Footnotes

The Treasurer of South Dakota is an elected position in the South Dakota state government. The treasurer is South Dakota's chief banking official. The treasurer is elected every four years.[1]

## Current officeholder[edit]

The current officeholder is Josh Haeder (R). He was first elected to the office in November 2018.[2]

## Authority[edit]

The treasurer's office is established in Article 4, Section 7 of the South Dakota Constitution.

Article IV, Section 7:

There shall be chosen by the qualified electors of the state at the general election of the Governor and every four years thereafter the following constitutional officers: attorney general, secretary of state, auditor, treasurer, and commissioner of school and public lands, who shall severally hold their offices for a term of four years. Commencing with the 1992 general election, no person may be elected to more than two consecutive terms as attorney general, secretary of state, auditor, treasurer, or commissioner of school and public lands. [3]

## Qualifications[edit]

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 South Dakota 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.

## Elections[edit]

South Dakota state government organizational chart

Article IV, Section 7 specifies that the treasurer is to be elected every four years.

### 2022[edit]

See also: South Dakota Treasurer election, 2022

General election

The general election will occur on November 8, 2022.

##### General election for South Dakota Treasurer

Incumbent Josh Haeder and John Cunningham are running in the general election for South Dakota Treasurer on November 8, 2022.

Candidate

|

| Josh Haeder (R)

| John Cunningham (D)

* * *

Incumbents are bolded and underlined.

|

= candidate completed the Ballotpedia Candidate Connection survey.

Do you want a spreadsheet of this type of data? Contact our sales team.

Democratic convention

#####  Democratic convention for South Dakota Treasurer

John Cunningham advanced from the Democratic convention for South Dakota Treasurer on July 9, 2022.

Candidate

|

✔ |

| John Cunningham (D)

* * *

There were no incumbents in this race. The results have been certified. Source

|

= candidate completed the Ballotpedia Candidate Connection survey.

Do you want a spreadsheet of this type of data? Contact our sales team.

Republican convention

#####  Republican convention for South Dakota Treasurer

Incumbent Josh Haeder advanced from the Republican convention for South Dakota Treasurer on June 25, 2022.

Candidate

|

✔ |

| Josh Haeder (R)

* * *

Incumbents are bolded and underlined.

|

= candidate completed the Ballotpedia Candidate Connection survey.

Do you want a spreadsheet of this type of data? Contact our sales team.

### 2018[edit]

See also: South Dakota Treasurer election, 2018

General election

##### General election for South Dakota Treasurer

Josh Haeder defeated Aaron Matson in the general election for South Dakota Treasurer on November 6, 2018.

Candidate

Votes

|
|
|

✔ |

| Josh Haeder (R)  |

62.3

| 195,019

| Aaron Matson (D)  |

37.7

| 117,763

* * *

There were no incumbents in this race. The results have been certified. Source

| Total votes: 312,782
(100.00% precincts reporting)

|
|

= candidate completed the Ballotpedia Candidate Connection survey.

Do you want a spreadsheet of this type of data? Contact our sales team.

### 2014[edit]

See also: South Dakota down ballot state executive elections, 2014

Republican incumbent Richard Sattgast won re-election on November 4, 2014.

South Dakota Treasurer, 2014

Party | Candidate | Vote % | Votes
| Republican  | Richard Sattgast Incumbent | 61.2% | 155,758
| Democratic  |  Denny Pierson | 33.5% | 85,202
| Libertarian  |  Ken Santema | 5.3% | 13,615
Total Votes | 254,575
Election results via South Dakota Secretary of State

### Full history[edit]

To view the electoral history dating back to 2002 for the office of South Dakota Treasurer, click [show] to expand the section.

|

2010

On November 2, 2010, Rich Sattgast won election to the office of South Dakota Treasurer. He defeated Tom Katus (D) in the general election.

| South Dakota Treasurer, 2010

Party | Candidate | Vote % | Votes
| Republican  | Rich Sattgast | 65.3% | 191,408
| Democratic  |  Tom Katus  | 34.7% | 101,924
Total Votes | 293,332
Election results via South Dakota Secretary of State.

2006

On November 7, 2006, Vernon L. Larson won re-election to the office of South Dakota Treasurer. He ran unopposed in the general election.

South Dakota Treasurer, 2006

Party | Candidate | Vote % | Votes
| Republican  | Vernon L. Larson Incumbent | 100% | 200,909
Total Votes | 200,909
Election results via South Dakota Secretary of State.

2002

On November 5, 2002, Vernon L. Larson won election to the office of South Dakota Treasurer. He defeated Scott McGregor (D) in the general election.

South Dakota Treasurer, 2002

Party | Candidate | Vote % | Votes
| Republican  | Vernon L. Larson | 58.2% | 181,126
| Democratic  |  Scott McGregor  | 41.8% | 130,099
Total Votes | 311,225
Election results via South Dakota Secretary of State.

### Term limits[edit]

Article IV, Section 7 also prevents any person from being elected to more than two consecutive terms as treasurer.[3]

## Vacancies[edit]

Article IV, Section 3 of the state Constitution grants the governor the authority to fill any vacancy in the office of treasurer by appointment.[3]

## Duties[edit]

As of February 2021, stated duties of the treasurer included:[1]

“  | The State Treasurer is the state's chief banking official serving as the receiver and custodian of all state fund transfers and deposits. The office also manages banking relationships for the state of South Dakota and monitors local bank accounts held by various state agencies. Treasurer, Josh Haeder, additionally plays a role in responsible management of South Dakota's resources by sitting on the board of the State Investment Council which manages investment of the financial assets of the State of South Dakota. Additionally, the State Treasurer is a member of the State Board of Finance which manages state financial issues including bad debt, moving allowance for state transfers, per diem allowances, etc.[4] | ”

|
|

## Divisions[edit]

Note: Ballotpedia's state executive officials project researches state official websites for information that describes the divisions (if any exist) of a state executive office. That information for the South Dakota 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.

## State budget[edit]

See also: South Dakota state budget and finances

The budget for the State Treasurer's office in Fiscal Year 2020 was $50,405,699.[5]

## Compensation[edit]

See also: Compensation of state executive officers

See statutes: SD Codified L § 3-8-2.1 (2014)

The treasurer's annual compensation is set by Title 3, Chapter 8, Section 2 (§ 3-8-2.1) of the South Dakota Codified Laws and it may not be raised or diminished effective during a term in office, pursuant to Article XII, Section 3 of the South Dakota Constitution.

The treasurer's base salary is subject to annual rate increases under the General Appropriations Act for each corresponding year.[6]

### 2020[edit]

In 2020, the treasurer received a salary of $93,046 according to the Council of State Governments.[7]

### 2019[edit]

In 2019, the treasurer received a salary of $89,700 according to the Council of State Governments.[8]

### 2018[edit]

In 2018, the treasurer received a salary of $89,700 according to the Council of State Governments.[9]

### 2017[edit]

In 2017, the treasurer received a salary of $89,700 according to the Council of State Governments.[10]

### 2016[edit]

In 2016, the treasurer received a salary of $87,341 according to the Council of State Governments.[11]

### 2015[edit]

In 2015, the treasurer received a salary of $85,629 according to the Council of State Governments.[12]

### 2014[edit]

In 2014, the treasurer received a salary of $83,135 according to the Council of State Governments.[13]

### 2013[edit]

In 2013, the treasurer received a salary of $80,714 according to the Council of State Governments.[14]

### 2010[edit]

In 2010, the treasurer received a salary of $78,363 according to the Council of State Governments.[15]

## Historical officeholders[edit]

There have been 33 South Dakota treasurers since 1889. Of the 33 officeholders, 30 were Republicans and three were Democrats.[16]

List of officeholders from 1889-Present

#  | Name  | Tenure  | Party
1 | Wilbur F. Smith | 1889 – 1891 |  Republican
2 | W.W. Taylor | 1891 – 1895 |  Republican
3 | Kirk G. Phillips | 1895 – 1899 |  Republican
4 | John Schamber | 1899 – 1903 |  Republican
5 | C.B. Collins | 1903 – 1907 |  Republican
6 | C.H. Cassill | 1907 – 1909 |  Republican
7 | George G. Johnson | 1909 – 1913 |  Republican
8 | A.W. Ewert | 1913 – 1917 |  Republican
9 | G.H. Helgerson | 1917 – 1921 |  Republican
10 | W.S. O'Brien | 1921 – 1923 |  Republican
11 | James L. Driscoll | 1923 – 1927 |  Republican
12 | A.J. Moodie | 1927 – 1931 |  Republican
13 | A.C. Goodhope | 1931 – 1933 |  Republican
14 | Frank G. Siewert | 1933 – 1937 |  Democratic
15 | W.H. Hinselman | 1937 – 1939 |  Democratic
16 | W.G Douglas | 1939 – 1942 |  Republican
17 | John N. Thompson | 1942 – 1943 |  Republican
18 | E.V. Youngquist | 1943 – 1945 |  Republican
19 | Hazel Dean | 1945 – 1947 |  Republican
20 | C.E. Buehler | 1947 – 1951 |  Republican
21 | Theodore Mehlhaf | 1951 – 1955 |  Republican
22 | Ed T. Elkins | 1955 – 1959 |  Republican
23 | Al Hamre | 1959 – 1963 |  Republican
24 | Lloyd Jorgenson | 1963 – 1967 |  Republican
25 | Al Hamre | 1967 – 1969 |  Republican
26 | Neal Strand | 1969 – 1973 |  Republican
27 | David Volk | 1973 – 1990 |  Republican
28 | Janis Y. Kelley | 1990 – 1991 |  Republican
29 | G. Homer Harding | 1991 – 1994 |  Republican
30 | Richard D. Butler | 1995 – 2003 |  Democratic
31 | Vernon L. Larson | 2003 – 2011 |  Republican
32 | Richard Sattgast | 2011 – 2019 |  Republican
33 | Josh Haeder | 2019 – present |  Republican

### Territorial Treasurers[edit]

There were 10 treasurers of Dakota Territory between 1861 and 1889.[16]

List of officeholders from 1861-1889

#  | Name  | Tenure
1 | G.G. Irish | 1861 – 1863
2 | J.O. Taylor | 1863 – 1864
3 | M.K. Armstrong | 1865 – 1868
4 | T.K. Hovey | 1869 – 1870
5 | E.A. Sherman | 1871 – 1874
6 | John Clementson | 1875 – 1877
7 | W.H. McVay | 1878 – 1883
8 | J.W. Raymond | 1883 – 1887
9 | J.D. Lawler | 1887 – 1888
10 | Joseph Bailey | 1889

## Recent news[edit]

The link below is to the most recent stories in a Google news search for the terms South Dakota State Treasurer. These results are automatically generated from Google. Ballotpedia does not curate or endorse these articles.

South Dakota Treasurer - Google News

## Contact information[edit]

Office of the State Treasurer: South Dakota
500 E Capitol Ave., Ste 212
Pierre, SD 57501

Phone: (605) 773-3378
Fax: (866) 773-3115

## See also[edit]

South Dakota | State Executive Elections | News and Analysis

|
|

South Dakota State Executive Offices South Dakota State Legislature South Dakota Courts |  2022 • 2021 • 2020 • 2019 • 2018 • 2017 • 2016 South Dakota elections: 2022 • 2021 • 2020 • 2019 • 2018 • 2017 • 2016 |  Party control of state government State government trifectas State of the state addresses Partisan composition of governors

## External links[edit]

| Suggest a link

|

* South Dakota State Treasurer

## Footnotes[edit]

1. ↑ 1.0 1.1 South Dakota Treasurer, "Our Office," accessed February 2, 2021
2. ↑ South Dakota Treasurer, "Our Team," accessed February 2, 2021
3. ↑ 3.0 3.1 3.2 South Dakota Legislature, "South Dakota Constitution," accessed February 2, 2021
4. ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
5. ↑ South Dakota Bureau Finance and Management, "Governor's Budget FY 2021," accessed February 2, 2021
6. ↑ Justia.com, "2014 South Dakota Codified Laws: Title 3 - PUBLIC OFFICERS AND EMPLOYEES: Chapter 08 - Compensation of Officers and Employees § 3-8-2.1: Adjustment of salaries of constitutional officers and judges," accessed February 2, 2021
7. ↑ Council of State Governments, "The Book of the States 2020," accessed February 2, 2021
8. ↑ Council of State Governments, "The Book of the States 2019," accessed February 2, 2021
9. ↑ Council of State Governments, "The Book of the States 2018," accessed February 2, 2021
10. ↑ Council of State Governments, "The Book of the States 2017," accessed February 2, 2021
11. ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2016," accessed August 27, 2016
12. ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2015," accessed August 27, 2016
13. ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries," accessed December 8, 2014
14. ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries," January 28, 2014
15. ↑ The Council of State Governments, "The Book of States 2010 Table 4.11," accessed May 14, 2011
16. ↑ 16.0 16.1 South Dakota Blue Book 2009, "Chapter 4," accessed February 2, 2021

v • e

State Treasurers

Elected (by voters)|

Alabama • Arizona • Arkansas • California • Colorado • Connecticut • Delaware • Florida • Idaho • Illinois • Indiana • Iowa • Kansas • Kentucky • Louisiana • Massachusetts • Mississippi • Missouri • Nebraska • Nevada • New Mexico • New York • North Carolina • North Dakota • Ohio • Oklahoma • Oregon • Pennsylvania • Rhode Island • South Carolina • South Dakota • Texas • Utah • Vermont • Washington • West Virginia • Wisconsin • Wyoming

Appointed (by gov.)|

Alaska • Georgia • Hawaii • Maine • Maryland • Michigan • Minnesota • Montana • New Jersey • Virginia

Elected (state leg.)|

New Hampshire • Tennessee

Elections|

2022 • 2021 • 2020 • 2019 • 2018 • 2017 • 2016 • 2015 • 2014 • 2013 • 2012 • 2011 • 2010

Other|

State executive offices • Chart of state executive officers • News

v • e

State executive offices

Offices|

Governor • Lt. Governor • Secretary of State • Attorney General • Treasurer • Auditor • Superintendent of Schools • Insurance Commissioner • Controller • Agriculture Commissioner • Natural Resources Commissioner • Labor Commissioner • Public Service Commissioner

States|

Alabama • Alaska • Arizona • Arkansas • California • Colorado • Connecticut • Delaware • Florida • Georgia • Hawaii • Idaho • Illinois • Indiana • Iowa • Kansas • Kentucky • Louisiana • Maine • Maryland • Massachusetts • Michigan • Minnesota • Mississippi • Missouri • Montana • Nebraska • Nevada • New Hampshire • New Jersey • New Mexico • New York • North Carolina • North Dakota • Ohio • Oklahoma • Oregon • Pennsylvania • Rhode Island • South Carolina • South Dakota • Tennessee • Texas • Utah • Vermont • Virginia • Washington • West Virginia • Wisconsin • Wyoming

Elections|

2022 • 2021 • 2020 • 2019 • 2018 • 2017 • 2016 • 2015 • 2014 • 2013 • 2012 • 2011 • 2010

Features|

Chart of state executive officers • Compensation • Gubernatorial power comparison • How gubernatorial vacancies are filled • Irregular office changes • State executive officials serving in home states • State government trifectas • State of the state addresses • Term limits

v • e

Ballotpedia

About|

Overview • What people are saying • Support Ballotpedia • Contact • Contribute • Job opportunities

* * *

Executive: Leslie Graves, President • Gwen Beattie, Chief Operating Officer • Ken Carbullido, Vice President of Election Product and Technology Strategy

Communications: Alison Graves • Abigail Campbell • Sarah Groat • Lauren Nemerovski
External Relations: Alison Prange • Kari Berger • Hannah Nelson
Operations: Meghann Olshefski • Mandy Morris• Kelly Rindfleisch
Policy: Christopher Nelson • Caitlin Styrsky • Molly Byrne • Katharine Frey • Jimmy McAllister • Samuel Postell
Research: Josh Altic, Managing Editor
Tech: Matt Latourelle • Nathan Bingham • Ryan Burch • Kirsten Corrao • Travis Eden • Tate Kamish • Margaret Kearney • Joseph Sanchez

Contributors: Scott Rasmussen

* * *

Editorial|

Geoff Pallay, Editor-in-Chief • Daniel Anderson, Managing Editor • Ryan Byrne, Managing Editor • Cory Eucalitto, Managing Editor • Mandy Gillip, Managing Editor • Jerrick Adams • Victoria Antram • Dave Beaudoin • Jaclyn Beran • Marielle Bricker • Kate Carsella • Kelly Coyle • Megan Feeney • Nicole Fisher • Juan García de Paredes • Sara Horton • Tyler King • Doug Kronaizl • Amee LaTour • David Luchs • Roneka Matheny • Andrew McNair • Jackie Mitchell • Elisabeth Moore • Ellen Morrissey • Mackenzie Murphy • Samantha Post • Paul Rader • Ethan Rice • Myj Saintyl • Maddie Sinclair Johnson • Abbey Smith • Janie Valentine • Caitlin Vanden Boom • Joel Williams • Samuel Wonacott • Mercedes Yanora

v • e

State of South Dakota
Pierre (capital)

|

Elections |

What's on my ballot? | Elections in 2022 | How to vote | How to run for office | Ballot measures

Government |

Who represents me? | U.S. President | U.S. Congress | Federal courts | State executives | State legislature | State and local courts | Counties | Cities | School districts | Public policy