Ohio Treasurer

	Ohio Treasurer
	; ; ;
	General information
Office Type:	Partisan
Office website:	Official Link
Compensation:	$124,176
2025 FY Budget:	$33,405,905
Term limits:	Two consecutive terms
	Structure
Length of term:	4 years
Authority:	Ohio Constitution, Article III, Section 1
Selection Method:	Elected
	Current Officeholder
	Ohio Treasurer Robert Sprague; Republican Party; Assumed office: 2019-01-14
	Elections
Next election:	November 3, 2026
Last election:	November 8, 2022
	Other Ohio Executive Offices
	Governor • Lieutenant Governor • Secretary of State • Attorney General • Treasurer • Auditor • Superintendent of Education • Agriculture Commissioner • Insurance Commissioner • Natural Resources Commissioner • Labor Commissioner • Public Service Commission

The Ohio Treasurer is an elected executive position in the Ohio state government. As the chief financial officer of the state, the treasurer manages the state's money, and acts as the state's banker.^[1]

Current officeholder

The current treasurer of Ohio is Republican Robert Sprague. He was elected on November 6, 2018. Sprague previously served in the Ohio House of Representatives.^[2]

Authority

The state Constitution establishes the office of the treasurer in Article III, Section 1:

The executive department shall consist of a governor, lieutenant governor, secretary of state, auditor of state, treasurer of state, and an attorney general, who shall be elected on the first Tuesday after the first Monday in November, by the electors of the state, and at the places of voting for members of the General Assembly.^[1]

Qualifications

The state Constitution outlines the qualification to hold the office of treasurer in Article VX, Section 4:

resident of Ohio
a qualified elector
at least 18 years old

No person shall be elected or appointed to any office in this state unless possessed of the qualifications of an elector.^[1]

Vacancies

Article III, Section 18 of the state Constitution addresses vacancies in state offices. In the event of a vacancy, the governor appoints a successor to serve until the next general election in an even-numbered year that occurs more than forty days after the seat becomes vacant.^[1]

Duties

The treasurer is the chief financial officer of the state and serves as the state's banker. The most important duty of the treasury is to safeguard the taxpayer's money in Ohio. The office is responsible, among other things, for:^[1]

managing more than $160 billion in financial assets
investing the state's money and manage an investment portfolio that exceeds $15 billion
tracking and maintaining a database of all unclaimed property in Ohio
providing financial advice to state agencies
providing financial education and resources

Elections

Ohio state government organizational chart

According to Article III, Section 1 of the state Constitution, the treasurer in Ohio is elected every four years, in mid-term election years. For the treasurer in Ohio, 2010, 2014, and 2018 are election years.^[1]

Term limits

The treasurer is limited to two successive terms of four years. An individual may seek another term in office after a period of four or more years has elapsed.^[1]

2022

See also: Ohio Treasurer election, 2022

General election

General election for Ohio Treasurer

Incumbent Robert Sprague defeated Scott Schertzer in the general election for Ohio Treasurer on November 8, 2022.

	Candidate	%	Votes
✔	Robert Sprague (R)	58.6	2,390,542
	Scott Schertzer (D)	41.4	1,692,160

	Incumbents are bolded and underlined. The results have been certified. Source	Total votes: 4,082,702
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Democratic primary election

Democratic primary for Ohio Treasurer

Scott Schertzer advanced from the Democratic primary for Ohio Treasurer on May 3, 2022.

		Candidate	%	Votes
✔		Scott Schertzer	100.0	421,827

	There were no incumbents in this race. The results have been certified. Source	Total votes: 421,827
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Republican primary election

Republican primary for Ohio Treasurer

Incumbent Robert Sprague advanced from the Republican primary for Ohio Treasurer on May 3, 2022.

		Candidate	%	Votes
✔		Robert Sprague	100.0	810,487

	Incumbents are bolded and underlined. The results have been certified. Source	Total votes: 810,487
= candidate completed the Ballotpedia Candidate Connection survey.
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