About the State Treasurer:

In Arizona, the chief banker and investment officer is the state treasurer. The state treasurer is elected during midterm elections to a four-year term. The responsibilities of the Arizona state treasurer include; distribution and transfer of tax revenue funds, federal pass-through funds, and additional appropriations to state departments, municipalities, school districts, and organizations. The state treasurer also chairs the state Board of Investment that invests in the Permanent Land Trust Funds, serves as Arizona’s bank, tracks the receipt and disbursement of state funds. The state treasurer assembles an annual report of the state’s financial affairs. The Arizona state treasurer does not handle tax liens, income tax, property tax, unclaimed property, and pension issues.