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
Formed	July 23, 1965 (1965-07-23)[1]
Headquarters	Lansing, Michigan
Annual budget	$490,289,100
Department executives	Rachael A. Eubanks, State Treasurer Tom Saxton, Chief Deputy Treasurer
Key document	Michigan Constitution
Website	www.michigan.gov/treasury

State Treasurer of the State of Michigan
Incumbent Rachael A. Eubanks since January 1, 2019
Michigan Department of Treasury
Appointer	Governor (Gretchen Whitmer)
Term length	Governor's pleasure
Inaugural holder	Henry Howard
Formation	1837
Website	www.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

Image	Treasurer	Term
	Henry Howard[4]	1836–1839
	Peter Desnoyers	1839–1840
	Robert Stuart[5]	1840–1841
	George W. Germain	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

External links

• Michigan Department of Treasury