Kentucky’s state treasurer is in charge of Kentucky’s money and making sure state spending is legal and constitutional.
While candidates running for treasurer race run on a political party ticket, the job was created to serve as a watchdog over taxpayer dollars, no matter the political party in the legislature or who’s in the Governor’s mansion. They serve four-year terms, and can be elected twice.
The treasurer also sits on several state boards, such as the Kentucky Teachers’ Retirement System, the Lottery Board and the Kentucky Higher Education Assistance Authority. The office is also in charge of state unclaimed property, such as rental deposits, old life insurance policies, stocks or paychecks that weren’t returned to Kentuckians.