 | |
| Department overview | |
|---|---|
| Formed | July 23, 1965[1] |
| 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 | |
|---|---|
| |
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 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]
The current state treasurer is Rachael A. Eubanks, who was appointed by Governor Gretchen Whitmer in January 2019.[3]