The Treasurer of the State of Colorado is an elected executive officer in the Colorado government and the state's chief financial officer. The treasurer oversees the Department of the Treasury, which acts as the state government's bank. The treasury:

  • Receives all revenues (taxes, fees, and other payments)
  • Disburses money based on warrants (checks) drawn against the treasury
  • Manages the state’s investment funds
  • Manages the state’s unclaimed property fund

Treasurers are elected to four-year terms in federal midterm election years. The State Treasurer manages a portfolio of roughly $6.5 billion and sits on more than 8 important boards, including the board of the Public Employees Retirement Association (PERA).


Candidates for Colorado State Treasurer

Republican Candidate:

 

Businessman Brian Watson is the CEO of Denver-based investment firm Northstar Commercial Partners, which he says makes him the most qualified candidate in the treasurer’s race to manage the state’s finances. He’s never held elected office — a fact that he’s proud of and touts as proof he won’t play politics. 

 

Watson, served as the Colorado Republican Party's finance committee state chairman and says he is running outside the system to bring objective change within the system. He is from the Western Slope, which he is selling as part of an outsider image.

 

 

One of the key tenets of his campaign is his promise to not to take a salary from the government if elected.  He is doing this to save you taxpayer money, to reduce the costs of government, and because he always want to make a living from the private sector where most Coloradans have to make a living.



Democratic Candidate:

Since 2011, State Representative Dave Young of Greeley, CO has been a member of the Colorado General Assembly (he is term-limited).  As a member of the Joint Budget Committee, he has spent many years crafting the state's budget.

 

A former math teacher, Rep. Young has won the endorsement of the Colorado Education Association.  Young says he would advocate for fiscal policies that lift up the rural parts of the state and bring “accountability, transparency and financial responsibility” to the treasurer’s office.

“It pains me when I see what’s happening in our classrooms today,” he told delegates at the state assembly. “We’ve got teachers overworked, underpaid, class sizes that are way too large — we’ve got at-risk students who don’t have the resources and the support that they need to be successful. As your next state treasurer I’m going to fix (the Taxpayer’s Bill of Rights) and get the money we need to support our students.”