Louisiana State Treasurer

From Ballotpedia - Reading time: 11 min

Louisiana State Treasurer

Seal of Louisiana.png

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
GovernorLieutenant GovernorSecretary of StateAttorney GeneralTreasurerSuperintendent of EducationAgriculture CommissionerInsurance CommissionerNatural Resources CommissionerLabor CommissionerPublic Service Commission

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
Image of https://s3.amazonaws.com/ballotpedia-api4/files/thumbs/100/100/John-Fleming.png
John Fleming (R) Candidate Connection
 
65.5
 
437,763
Image of https://s3.amazonaws.com/ballotpedia-api4/files/thumbs/100/100/DustinGranger2023.jpg
Dustin Granger (D) Candidate Connection
 
34.5
 
231,002

Total votes: 668,765
Candidate Connection = candidate completed the Ballotpedia Candidate Connection survey.
If you are a candidate and would like to tell readers and voters more about why they should vote for you, complete the Ballotpedia Candidate Connection Survey.

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

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
Image of https://s3.amazonaws.com/ballotpedia-api4/files/thumbs/100/100/John-Fleming.png
John Fleming (R) Candidate Connection
 
44.0
 
442,668
Image of https://s3.amazonaws.com/ballotpedia-api4/files/thumbs/100/100/DustinGranger2023.jpg
Dustin Granger (D) Candidate Connection
 
32.0
 
321,423
Image of https://s3.amazonaws.com/ballotpedia-api4/files/thumbs/100/100/Scott-McKnight.png
Scott McKnight (R)
 
24.0
 
241,125

Total votes: 1,005,216
Candidate Connection = candidate completed the Ballotpedia Candidate Connection survey.
If you are a candidate and would like to tell readers and voters more about why they should vote for you, complete the Ballotpedia Candidate Connection Survey.

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

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
Image of https://s3.amazonaws.com/ballotpedia-api4/files/thumbs/100/100/John_Schroder.jpg
John Schroder (R)
 
60.0
 
769,462
Image of https://s3.amazonaws.com/ballotpedia-api4/files/thumbs/100/100/Derrick_Edwards.jpg
Derrick Edwards (D)
 
34.5
 
442,740
Image of https://s3.amazonaws.com/ballotpedia-api4/files/thumbs/100/100/teresa_smile_watermark.jpg
Teresa Kenny (Independent)
 
5.5
 
69,908

Total votes: 1,282,110
Candidate Connection = candidate completed the Ballotpedia Candidate Connection survey.
If you are a candidate and would like to tell readers and voters more about why they should vote for you, complete the Ballotpedia Candidate Connection Survey.

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

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 Green check mark transparent.png 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 Green check mark transparent.png Derrick Edwards 31.26% 125,503
     Republican Green check mark transparent.png 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 Green check mark transparent.pngJohn 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
Seal of Louisiana.png
StateExecLogo.png
Ballotpedia RSS.jpg
Louisiana State Executive Offices
Louisiana State Legislature
Louisiana Courts
202420232022202120202019201820172016
Louisiana elections: 202420232022202120202019201820172016
Party control of state government
State government trifectas
State of the state addresses
Partisan composition of governors

External links[edit]

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



Licensed under CC BY-SA 3.0 | Original source: https://ballotpedia.org/Louisiana_State_Treasurer
Status: cached on September 09 2024 16:18:00
Encyclosphere.org EncycloReader is supported by the EncyclosphereKSF