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Oregon Treasurer

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Oregon Treasurer

Seal of Oregon.png

General information
Office Type:  Partisan
Office website:  Official Link
Compensation:  $77,000
2023-25 FY Budget:  $131,678,305
Term limits:  8 years in a 12 year period
Structure
Length of term:   4 years
Authority:  Oregon Constitution, Article VI, Section 1
Selection Method:  Elected
Current Officeholder(s)

Oregon Treasurer Elizabeth Steiner Hayward
Democratic Party
Assumed office: January 6, 2025

Elections
Next election:  November 7, 2028
Last election:  November 5, 2024
Other Oregon Executive Offices
Governor • Secretary of State • Attorney General • Treasurer • Auditor • Superintendent of Education • Agriculture Commissioner • Insurance Commissioner • Natural Resources Commissioner • Labor Commissioner • Public Service Commission

The Treasurer of the State of Oregon is an elected constitutional officer within the executive branch of the Oregon state government. The treasurer is the state's chief investment officer and is responsible for managing the state's money.[1]

Current officeholder

The current Oregon Treasurer is Elizabeth Steiner Hayward (D). Hayward assumed office in 2025.

Authority

The office of Oregon Treasurer is established in Article VI, Section 1 of the Oregon Constitution.

Article VI, Section 1:

There shall be elected by the qualified electors of the State, at the times and places of choosing members of the Legislative Assembly, a Secretary, and Treasurer of State, who shall severally hold their offices for the term of four years; but no person shall be eligible to either of said offices more than eight in any period of twelve years.[2]

Qualifications

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 Oregon 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.

Vacancies

Article 5, Section 16 of the state Constitution outlines how vacancies in the office are to be filled. The governor fills any vacancy by appointment that expires when a successor has been elected and qualified.[2]

Duties

The official duties of the office are outlined in Chapter 178 of the Oregon Statutes:[3]

“
  • Keep the office at the seat of government.
  • Receive and have charge of all moneys paid into the State Treasury.
  • Pay out moneys from the State Treasury as directed by law.
  • Permit the books, papers and transactions of the office to be open at all times to inspection and examination by the Governor, Secretary of State, the legislature and any committee of either branch of the legislature.
  • Deliver over to the successor in office all moneys, books, papers, furniture and other effects belonging to or preserved in the office.
  • Perform all other duties imposed upon the State Treasurer by law.[4]
 ”

Elections

The treasurer is elected every four years in presidential election years.[2]

Term limits

In Oregon, the office of treasurer is subject to term limits. As specified in Article VI, Section 1 of the Oregon State Constitution, an officeholder is allowed to remain in the position for eight years in a 12-year period.[2]

2024

See also: Oregon Treasurer election, 2024

General election candidates

Candidate Connection = candidate completed Ballotpedia's Candidate Connection survey
Democratic Party Democratic primary candidates


Did not make the ballot:

Republican Party Republican primary candidates

2020

See also: Oregon Treasurer election, 2020

General election candidates

Democratic Party Democratic primary candidates

Republican Party Republican primary candidates

Minor Party convention candidates

    Pacific Green Party


    Past elections

    Expand All
    2016
    ::See also: Oregon Treasurer election, 2016

    The general election for State Treasurer was held on November 8, 2016.

    Tobias Read defeated Jeff Gudman, Chris Telfer, and Chris Henry in the Oregon treasurer election.[5]
    Oregon Treasurer, 2016
    Party Candidate Vote % Votes
         Democratic Green check mark transparent.png Tobias Read 43.97% 808,998
         Republican Jeff Gudman 41.67% 766,680
         Independent Party of Oregon Chris Telfer 9.45% 173,878
         Pacific Green Party of Oregon Chris Henry 4.92% 90,507
    Total Votes 1,840,063
    Source: Oregon Secretary of State
    2012
    :See also: Oregon down ballot state executive elections, 2012

    Incumbent Ted Wheeler (D) defeated Tom Cox (R) and three minor-party challengers to win re-election on November 6, 2012.

    • 2012 General Election Results for Oregon Treasurer
    Oregon Treasurer General Election, 2012
    Party Candidate Vote % Votes
         Democratic Green check mark transparent.pngTed Wheeler Incumbent 57.9% 955,213
         Republican Tom Cox 37% 609,989
         Progressive Cameron Whitten 2.4% 38,762
         Libertarian John Mahler 1.8% 30,002
         Constitution Michael Paul Marsh 0.9% 15,415
    Total Votes 1,649,381
    Election results via Oregon Secretary of State
    2010
    On November 2, 2010, Ted Wheeler won re-election to the office of Oregon Treasurer. He defeated Chris Telfer (R), Walter F. (Walt) Brown (P) and Michael Marsh (C) in the general election.
    Oregon Treasurer, 2010
    Party Candidate Vote % Votes
         Democratic Green check mark transparent.pngTed Wheeler Incumbent 52.9% 721,795
         Republican Chris Telfer 41.9% 571,105
         Progressive Walter F. (Walt) Brown 2.8% 38,316
         Constitution Michael Marsh 2.2% 30,489
         Misc. Various 0.1% 1,738
    Total Votes 1,363,443
    Election results via Oregon Secretary of State.
    2008
    On November 4, 2008, Ben Westlund won election to the office of Oregon Treasurer. He defeated Allen Alley (R) and Michael Marsh (C) in the general election.
    Oregon Treasurer, 2008
    Party Candidate Vote % Votes
         Democratic Green check mark transparent.pngBen Westlund 51.1% 847,590
         Republican Allen Alley 45.3% 750,484
         Constitution Michael Marsh 3.4% 56,581
         Misc. Various 0.2% 3,529
    Total Votes 1,658,184
    Election results via Oregon Secretary of State.
    2004
    On November 2, 2004, Randall Edwards won re-election to the office of Oregon Treasurer. He defeated Jeff Caton (R), Mitch Shults (L) and Carole D. Winegarden (C) in the general election.
    Oregon Treasurer, 2004
    Party Candidate Vote % Votes
         Democratic Green check mark transparent.pngRandall Edwards Incumbent 52.9% 889,974
         Republican Jeff Caton 40.9% 688,551
         Libertarian Mitch Shults 3.1% 52,819
         Constitution Carole D. Winegarden 3% 49,875
         Misc. Various 0.1% 2,284
    Total Votes 1,683,503
    Election results via Oregon Secretary of State.
    2000
    On November 7, 2000, Randall Edwards won election to the office of Oregon Treasurer. He defeated Jon Kvistad (R), Mitchell T. Shults (L), Leonard Zack (Ref) and Carlos F. Lucero (C) in the general election.
    Oregon Treasurer, 2000
    Party Candidate Vote % Votes
         Democratic Green check mark transparent.pngRandall Edwards 50.2% 705,273
         Republican Jon Kvistad 42.3% 593,411
         Libertarian Mitchell T. Shults 3.9% 54,091
         Reform Leonard Zack 2.1% 29,329
         Constitution Carlos F. Lucero 1.4% 19,707
         Misc. Various 0.1% 1,796
    Total Votes 1,403,607
    Election results via Oregon Secretary of State.


    Divisions

    The Oregon Treasurer's office is organized into several distinct divisions:[6]

    • Achieving a Better Life Experience Act (ABLE) Program
    • Executive Services
    • Debt Management
    • Investment
    • Oregon Investment Council
    • Public Funds Collateralization Program
    • Public Infrastructure Program
    • Oregon 529 College Savings Network
    • Treasury Services

    State budget

    See also: Oregon state budget and finances

    The budget for the Office of the Treasurer for the 2023-25 biennium was $131,678,305.[7]

    Compensation

    See also: Compensation of state executive officers

    DocumentIcon.jpg See statutes: Chapter 292, Section 311 of the Oklahoma Statutes

    The treasurer, along with the rest of Oregon's elected executives, is entitled to an annual salary, payable monthly, in accordance with Title 28, Chapter 292, Section 311 (§ 292.311) of the Oregon Statutes. The amount of compensation the treasurer receives was set at $77,000 for the year beginning January 1, 2014, plus $250 per month regularly for miscellaneous, job-related expenses.[8]

    2023

    In 2023, the officer's salary was $77,000, according to the Council of State Governments.[9]

    2022

    In 2022, the officer's salary was $77,000, according to the Council of State Governments.[10]

    2021

    In 2021, the treasurer received a salary of $77,000, according to the Council of State Governments.[11]

    2020

    In 2020, the treasurer received a salary of $72,000, according to the Council of State Governments.[12]

    2019

    In 2019, the treasurer received a salary of $72,000, according to the Council of State Governments.[13]

    2018

    In 2018, the treasurer received a salary of $72,000, according to the Council of State Governments.[14]

    2017

    In 2017, the treasurer received a salary of $72,000, according to the Council of State Governments.[15]

    2016

    In 2016, the treasurer received a salary of $77,000, according to the Council of State Governments.[16]

    2015

    In 2015, the treasurer received a salary of $77,000, according to the Council of State Governments.[17]

    2014

    In 2014, the treasurer was paid an estimated $72,000, according to the Council of State Governments.[18]

    2013

    In 2013, the treasurer was paid an estimated $72,000, according to the Council of State Governments.[19]

    Historical officeholders

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

    Recent news

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

    Oregon Treasurer - Google News

    Contact information

    Oregon State Treasurer's Office[1]
    900 Court Street, Room 159
    Salem, OR 97301

    Phone:
    Read's Office: 503-378-4329
    Treasury Services: 503-378-4000

    See also

    Oregon State Executive Elections News and Analysis
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    Partisan composition of governors

    External links

    Footnotes

    1. ↑ 1.0 1.1 Oregon State Treasury, "About Treasury," accessed January 22, 2021
    2. ↑ 2.0 2.1 2.2 2.3 Oregon Legislature, "Oregon Constitution, 2014 Edition," accessed January 22, 2021
    3. ↑ Oregon Legislature, "Chapter 178 — State Treasurer; Oregon Retirement Savings Plan; Oregon 529 Savings," accessed January 22, 2021
    4. ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
    5. ↑ Oregon Secretary of State, "November 8, 2016, General Election Abstract of Votes," accessed May 25, 2017
    6. ↑ Oregon Legislature, "2019-21 Legislatively Adopted Budget, Detailed Analysis," accessed January 22, 2021
    7. ↑ Oregon Legislature, "2023-25 Budget Highlights Update," accessed December 6, 2023
    8. ↑ Oregon Legislature, "Chapter 292 — Salaries and Expenses of State Officers and Employees," accessed January 22, 2021
    9. ↑ Council of State Governments, "Book of the States 2023 Table 4.11: Selected State Administrative Officials: Annual Salaries," accessed January 21, 2025
    10. ↑ Council of State Governments, "Book of the States 2022 Table 4.11: Selected State Administrative Officials: Annual Salaries," provided to Ballotpedia by CSG personnel
    11. ↑ Issuu, "The Book of the States 2021," accessed September 28, 2022
    12. ↑ ISSUU, "The Book of the States | 2020 | Volume 52," accessed January 19, 2021
    13. ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2019," accessed January 19, 2021
    14. ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2018," accessed January 19, 2021
    15. ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2017," accessed January 19, 2021
    16. ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2016," accessed August 27, 2016
    17. ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2015," accessed August 27, 2016
    18. ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries," accessed December 8, 2014
    19. ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries," January 28, 2014
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