Michigan State Treasurer

The State Treasurer of Michigan functions as the chief financial officer for the U.S. state of Michigan. The State Treasurer oversees the collection, investment, and disbursement of all state monies, and also administers major tax laws, safeguards the credit of the state, and distributes revenue sharing monies to local units of government. It is an unelected office within the executive branch.[2]

Department of Treasury
Department overview
FormedJuly 23, 1965 (1965-07-23)[1]
HeadquartersLansing, Michigan
Annual budget$490,289,100
Department executives
  • Rachael A. Eubanks, State Treasurer
  • Tom Saxton, Chief Deputy Treasurer
Key document
  • Michigan Constitution
Websitewww.michigan.gov/treasury
State Treasurer of
the State of Michigan
Incumbent
Rachael A. Eubanks
since January 1, 2019
Michigan Department of Treasury
AppointerGovernor (Gretchen Whitmer)
Term lengthGovernor's pleasure
Inaugural holderHenry Howard
Formation1837
Websitewww.michigan.gov/treasury

The current state treasurer is Rachael A. Eubanks, who was appointed by Governor Gretchen Whitmer in January 2019.[3]

List of State Treasurers of Michigan
Treasurer Term
Henry Howard[4] 1836–1839
Peter Desnoyers 1839–1840
Robert Stuart[5] 1840–1841
George W. Jermain 1841–1842
John J. Adam[6] 1842–1845
George R. Redfield 1845–1846
George B. Cooper 1846–1850
Bernard C. Whittemore[7] 1850–1854
Silas M. Holmes 1855–1858
John McKinney 1859–1860
John Owen 1861–1866
Ebenezer O. Grosvenor 1867–1870
Victory P. Collier 1871–1874
William B. McCreery 1875–1878
Benjamin D. Pritchard 1879–1882
Edward H. Butler 1883–1886
George L. Maltz 1887–1890
Frederick Braastad 1891–1892
Joseph F. Hambitzer[8] 1893–1894
James M. Wilkinson 1894–1896
George A. Steel 1897–1900
Daniel McCoy 1901–1904
Frank P. Glazier[9] 1905–1908
John T. Rich 1908
Albert E. Sleeper 1909–1912
John W. Haarer 1913–1916
Samuel Odell[10] 1917–1919
Frank E. Gorman 1919–1924
Frank D. McKay 1925–1930
Howard C. Lawrence 1931–1932
Theodore I. Fry 1933–1938
Miller Dunckel 1939–1940
Theodore I. Fry 1941–1942
D. Hale Brake 1943–1954
Sanford A. Brown 1955–1965
Allison Green[11] 1965–1978
Loren E. Monroe[12] 1978–1982
Robert A. Bowman 1983–1991
Douglas B. Roberts[13] 1991–1998
Mark A. Murray[14] 1999–2001
Douglas B. Roberts[15] 2001–2002
Jay B. Rising[16] 2003–2006
Robert J. Kleine 2006–2011
Andy Dillon 2011–2013
R. Kevin Clinton 2013–2015
Nick Khouri 2015–2018
Rachael A. Eubanks 2019-present

Notes
Citations
  1. MCL 16.175-16.191
  2. 2011-2012 Michigan Manual: Chapter IV—The Executive Branch: Department of Treasury
  3. freep.com: Snyder names Nick Khouri state treasurer
  4. Resigned May 1, 1839; succeeded by Peter Desnoyers, appointed by Governor Stevens T. Mason to fill vacancy, until Robert Stuart appointed by Michigan Legislature January 23, 1840.
  5. O. C. Comstock, “Sketch of the Life of Hon. Robert Stuart,” Report of the Pioneer Society of the State of Michigan, Vol. III, Robert Smith Printing Co., Lansing (1881 issue, reprinted 1903).
  6. Resigned May 31, 1845; succeeded by George R. Redfield, appointed by Governor John S. Barry, until George B. Cooper appointed by Michigan Legislature.
  7. First elected state treasurer.
  8. Removed March 20, 1894; succeeded by James M. Wilkinson.
  9. Resigned January 22, 1908; John T. Rich appointed January 23, 1908.
  10. Resigned May 21, 1919; succeeded by Frank E. Gorman.
  11. Nominated and confirmed September 14, 1965; resigned September 4, 1978, and succeeded by Loren E. Monroe.
  12. Nominated August 18, 1978, for a term to begin September 5, 1978; formally confirmed October 31, 1979.
  13. Resigned November 20, 1998; chief deputy state treasurer Madhu Anderson named acting state treasurer.
  14. Appointed by Governor John Engler on December 22, 1998, effective January 10, 1999.
  15. Appointed by Governor John Engler, effective May 1, 2001.
  16. Appointed by Governor Jennifer Granholm, effective January 6, 2003; confirmed by the senate January 21, 2003.
Bibliography

Source: Michigan Manual 2003-2004, Chapter IV, Former Officials of Michigan

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