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The West Virginia state treasurer is the state's chief financial officer. [1] It is one of six constitutionally mandated offices. [ 2 ] Elected statewide for a four year term, the treasurer is responsible for overseeing state operating funds, monitoring state debt and performing banking and accounting duties in accordance with state law. [ 1 ]
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With Dale Folwell not running for reelection as state treasurer in the 2024 election, Briner won the Republican nomination, defeating former North Carolina Education Lottery commissioner A.J. Daoud and Rachel Johnson. [5] [6] [7] He defeated Wesley Harris in the general election. [8] He assumed office on January 2, 2025. [9]
The new treasurer will also have to manage investments in the state’s pension fund, worth over $122 billion. This fund provides retirement benefits to nearly a million public employees.
The Local Government Commission is a subagency within the North Carolina Department of State Treasurer. [1] [2] The body is made up of nine members: the state treasurer, who serves as its chair; the state auditor, the secretary of state, the secretary of revenue, three gubernatorial appointees, one State House appointee, and one State Senate appointee.
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The current state treasurer is Brad Briner. The office of state treasurer has existed since 1715 in the Province of North Carolina; at that time, the treasurer was appointed by the lower house of the legislature. In 1740, the treasurer's office was divided into two districts, and in 1779, into four.
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