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Michigan Department of Treasury

Department of Treasury
Seal of Michigan Department of Treasury.svg
Department overview
Formed July 23, 1965 (1965-07-23)
Headquarters Lansing, Michigan
Annual budget $490,289,100
Department executives
  • Nick A. Khouri, State Treasurer
  • Tom Saxton, Chief Deputy Treasurer
Key document
Website www.michigan.gov/treasury
State Treasurer of
the State of Michigan
Seal of Michigan Department of Treasury.svg
Incumbent
Nick A. Khouri

since April 20, 2015
Michigan Department of Treasury
Appointer Governor (Rick Snyder)
Term length Governor's pleasure
Inaugural holder Henry Howard
Formation 1837
Website www.michigan.gov/treasury

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.

The current state treasurer is Nick A. Khouri, appointed by Governor Rick Snyder on April 20, 2015.

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


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