Department overview | |
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Formed | July 23, 1965 |
Headquarters | Lansing, Michigan |
Annual budget | $490,289,100 |
Department executives |
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Key document | |
Website | www |
State Treasurer of the State of Michigan |
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Incumbent
Nick A. Khouri since April 20, 2015 |
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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