Louisiana State Treasurer

General information
Office Type: | Partisan
Office website: | Official Link
Compensation: | $115,000
2024 FY Budget: | $14,617,463
Term limits: | None
Structure
Length of term: |  4 years
Authority: | Louisiana Constitution, Article IV, Section 9
Selection Method: | Elected
Current Officeholder

Louisiana State Treasurer John Fleming
Republican Party
Assumed office: January 8, 2024

Elections
Next election: | November 20, 2027
Last election: | November 18, 2023
Other Louisiana Executive Offices
Governor • Lieutenant Governor • Secretary of State • Attorney General • Treasurer • Superintendent of Education • Agriculture Commissioner • Insurance Commissioner • Natural Resources Commissioner • Labor Commissioner • Public Service Commission

## Contents

* 1 Current officeholder
* 2 Authority
* 3 Qualifications
* 4 Elections
* 4.1 Results
* 4.1.1 2023
* 4.1.2 2019
* 4.2 2017
* 4.2.1 2015
* 5 Vacancies
* 6 Duties
* 7 Divisions
* 8 State budget
* 9 Compensation
* 9.1 2022
* 9.2 2021
* 9.3 2020
* 9.4 2019
* 9.5 2018
* 9.6 2017
* 9.7 2016
* 9.8 2015
* 9.9 2014
* 9.10 2013
* 9.11 2010
* 10 Historical officeholders
* 11 Contact information
* 12 See also
* 13 External links
* 14 Footnotes

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

The treasurer is responsible for maintaining the state funds and acting as the state's bank. The office is split into five divisions: unclaimed property, investments, administration, fiscal control, and LAMP. The job of the treasury office is to invest the state's money in a wise way, ensure returns, and give money to cities or schools as needed.[1]

The treasurer is elected every four years.[2]

## Current officeholder[edit]

The current Louisiana State Treasurer is John Fleming (R). Fleming assumed office in 2024.

## Authority[edit]

The treasurer's powers and duties are established by  Article IV, Section 9 of the Louisiana Constitution.

Article IV, Section 9:

There shall be a Department of the Treasury. The treasurer shall head the department and shall be responsible for the custody, investment, and disbursement of the public funds of the state, except as otherwise provided by this constitution. He shall report annually to the governor and to the legislature at least one month before each regular session on the financial condition of the state, and shall have other powers and perform other duties authorized by this constitution or provided by law.[2]

## Qualifications[edit]

Article IV, Section 2 of the Louisiana Constitution establishes the qualifications for statewide elective office:

To be eligible for any statewide elective office, a person, by the date of his qualification as a candidate, shall have attained the age of twenty-five years, be an elector, and have been a citizen of the United States and of this state for at least the preceding five years...During his tenure in office, a statewide elected official shall hold no other public office except by virtue of his elected office.[2]

* at least 25 years of age
* be an elector
* citizen of the United States and Louisiana for five years
* hold no other public office

## Elections[edit]

Louisiana state government organizational chart

Louisiana elects treasurers to four-year terms during gubernatorial election years. For Louisiana, 2019, 2023, and 2027 are all treasurer election years. Terms begin at noon on the second Monday in January following the election.[2]

### Results[edit]

#### 2023[edit]

See also: Louisiana Treasurer election, 2023

Louisiana elections use the majority-vote system. All candidates compete in the same primary, and a candidate can win the election outright by receiving more than 50 percent of the vote. If no candidate does, the top two vote recipients from the primary advance to the general election, regardless of their partisan affiliation.

#### General election

##### General election for Louisiana State Treasurer

John Fleming defeated Dustin Granger in the general election for Louisiana State Treasurer on November 18, 2023.

Candidate

Votes

|
|
|

| John Fleming (R) |

65.5

| 437,763

| Dustin Granger (D) |

34.5

| 231,002

* * *

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

| Total votes: 668,765

|
|

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#### Nonpartisan primary election

##### Nonpartisan primary for Louisiana State Treasurer

John Fleming and Dustin Granger defeated Scott McKnight in the primary for Louisiana State Treasurer on October 14, 2023.

Candidate

Votes

|
|
|

| John Fleming (R) |

44.0

| 442,668

| Dustin Granger (D) |

32.0

| 321,423

| Scott McKnight (R) |

24.0

| 241,125

* * *

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

| Total votes: 1,005,216

|
|

= candidate completed the Ballotpedia Candidate Connection survey.
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#### 2019[edit]

See also: Louisiana Treasurer election, 2019

Louisiana elections use the majority-vote system. All candidates compete in the same primary, and a candidate can win the election outright by receiving more than 50 percent of the vote. If no candidate does, the top two vote recipients from the primary advance to the general election, regardless of their partisan affiliation.

#### Nonpartisan primary election

##### Nonpartisan primary for Louisiana State Treasurer

Incumbent John Schroder won election outright against Derrick Edwards and Teresa Kenny in the primary for Louisiana State Treasurer on October 12, 2019.

Candidate

Votes

|
|
|

| John Schroder (R) |

60.0

| 769,462

| Derrick Edwards (D) |

34.5

| 442,740

| Teresa Kenny (Independent) |

5.5

| 69,908

* * *

Incumbents are bolded and underlined. The results have been certified.

| Total votes: 1,282,110

|
|

= candidate completed the Ballotpedia Candidate Connection survey.
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### 2017[edit]

See also: Louisiana treasurer election, 2017

Louisiana held a primary election for treasurer on October 14, 2017, with a general election on November 18, 2017. This special election was called after the previous treasurer, John Neely Kennedy, was elected to the U.S. Senate.

John Schroder (R) defeated Derrick Edwards (D) in the election for Treasurer of Louisiana.

Election for Treasurer of Louisiana, 2017

Party | Candidate | Vote % | Votes
| Republican  |  John Schroder | 55.74% | 208,144
| Democratic  | Derrick Edwards | 44.26% | 165,271
Total Votes | 373,415
Source: Secretary of State of Louisiana

The following candidates ran in the election for Treasurer of Louisiana.

Election for Treasurer of Louisiana, 2017

Party | Candidate | Vote % | Votes
| Democratic  |  Derrick Edwards | 31.26% | 125,503
| Republican  |  John Schroder | 24.02% | 96,440
| Republican  | Angele Davis | 21.64% | 86,880
| Republican  | Neil Riser | 18.13% | 72,792
| Republican  | Terry Hughes | 2.77% | 11,117
| Libertarian  | Joseph D. Little | 2.18% | 8,767
Total Votes | 401,499
Source: Secretary of State of Louisiana

#### 2015[edit]

See also: Louisiana Treasurer election, 2015

There was a regularly scheduled election for treasurer in 2015. John Neely Kennedy (R) was eligible for re-election but was also a potential candidate for governor and attorney general. The primary election took place on October 24, 2015.

There were only two candidates on the ballot in the blanket primary election on October 24, 2015. Incumbent Treasurer John Neely Kennedy won a majority of votes, eliminating the need for a general election contest in November.[3]

Treasurer of Louisiana, Blanket Primary, 2015

Party | Candidate | Vote % | Votes
| Republican  | John Neely Kennedy | 80.1% | 787,128
| Republican  |  Jennifer Treadway | 19.9% | 195,595
Total Votes | 982,723
Election Results Louisiana Secretary of State.

## Vacancies[edit]

If a vacancy of less than one year occurs in the office, the position is filled by the first assistant. If a vacancy of greater than one year occurs an election takes place at the next regularly scheduled election, or, in none are scheduled within a year of the vacancy, a special election is called by the governor.[2]

## Duties[edit]

According to Article IV, Section 9 of the Louisiana Constitution, the treasurer is head of the Department of the Treasury and "shall be responsible for the custody, investment, and disbursement of the public funds of the state." [2]

## Divisions[edit]

Updated January 20, 2021

* Administration
* Fiscal Control
* Investments
* Unclaimed Property
* State Bond Commission[1]

## State budget[edit]

See also: Louisiana state budget and finances

The State Treasurer's budget for fiscal year 2024 was $14,617,463.[4]

## Compensation[edit]

See also: Compensation of state executive officers

Article IV, Section 4 of the Louisiana Constitution defines the method by which the treasurer's compensation is set:

Except as otherwise provided by this constitution, the compensation of each statewide elected official shall be provided by law. An increase in the salary of a statewide elected official shall not become effective until the commencement of the subsequent term for that office following the adoption or enactment of the increase.[2]

### 2022[edit]

In 2022, the officer's salary was $115,000, according to the Council of State Governments.[5]

### 2021[edit]

In 2021, the treasurer received a salary of $115,000, according to the Council of State Governments.[6]

### 2020[edit]

In 2020, the treasurer received a salary of $110,740, according to the Council of State Governments.[7]

### 2019[edit]

In 2019, the treasurer received a salary of $115,000, according to the Council of State Governments.[8]

### 2018[edit]

In 2018, the treasurer received a salary of $115,000, according to the Council of State Governments.[9]

### 2017[edit]

In 2017, the treasurer received a salary of $115,000, according to the Council of State Governments.[10]

### 2016[edit]

In 2016, the treasurer received a salary of $115,000, according to the Council of State Governments.[11]

### 2015[edit]

In 2015, the treasurer received a salary of $115,000, according to the Council of State Governments.[12]

### 2014[edit]

In 2014, the treasurer was paid an estimated $115,000, according to the Council of State Governments.[13]

### 2013[edit]

In 2013, the treasurer was paid an estimated $115,000, according to the Council of State Governments.[14]

### 2010[edit]

In 2010, the treasurer was paid an estimated $115,000 according to LaTrac.[15]

## Historical officeholders[edit]

Note: Ballotpedia's state executive officials project researches state official websites for chronological lists of historical officeholders; information for the Louisiana State 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.

## Contact information[edit]

Louisiana State Treasurer's Office
900 North Third Street, 3rd Floor, State Capitol
Baton Rouge, Louisiana 70802

P.O. Box 44154
Baton Rouge, Louisiana 70804

Phone: 225-342-0010

## See also[edit]

Louisiana | State Executive Elections | News and Analysis

|
|

Louisiana State Executive Offices Louisiana State Legislature Louisiana Courts |  2024 • 2023 • 2022 • 2021 • 2020 • 2019 • 2018 • 2017 • 2016 Louisiana elections: 2024 • 2023 • 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

|

* Search Google News for this topic
* Louisiana State Treasurer's Office

## Footnotes[edit]

1. ↑ 1.0 1.1 Office of the Louisiana State Treasurer, "Divisions," accessed January 20, 2021
2. ↑ 2.0 2.1 2.2 2.3 2.4 2.5 2.6 Louisiana State Senate, "Constitution of Louisiana," accessed January 20, 2021
3. ↑ The Lens, "Election 2015," accessed October 25, 2015
4. ↑ Louisiana House of Representatives, "FY 2024 State Budget Tracker," accessed December 8, 2023
5. ↑ Council of State Governments, "Book of the States 2022 Table 4.11: Selected State Administrative Officials: Annual Salaries," provided to Ballotpedia by CSG personnel
6. ↑ Issuu, "The Book of the States 2021," accessed September 22, 2022
7. ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2020," accessed January 20, 2021
8. ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2019," accessed January 20, 2021
9. ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2018," accessed January 20, 2021
10. ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2017," accessed January 20, 2021
11. ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2016," accessed January 20, 2021
12. ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2015," accessed January 20, 2021
13. ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries," accessed January 20, 2021
14. ↑ Council of State Governments, "Table 4.11 Selected State Administrative Officials:Annual Salaries," accessed January 20, 2021
15. ↑ LaTrac, "Department of Treasury Salaries," accessed January 20, 2021

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