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

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]

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

2022[edit]

See also: South Dakota Treasurer election, 2022

The general election will occur on November 8, 2022.

2018[edit]

See also: South Dakota Treasurer election, 2018

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.

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]

• South Dakota State Treasurer

Footnotes[edit]

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