Established in 1848 by the Wisconsin Constitution, the State Treasurer is Wisconsin’s chief financial officer. The office was first imagined by the state’s founders as a check on the government’s financial decisions and a steward of its public lands. Throughout the years, the Office has evolved significantly. Until 1995, the OST safeguarded state securities purchased by the State of Wisconsin Investment Board, and, most notably, in 2003 all cash management responsibilities were taken from the OST. Over the last 25 years, the duties of the office have changed with the times but the mission remains the same.
That's why Treasurer Godlewski stepped up to save this office in 2018 when it was in danger of being eliminated. She helped form the Save Our Fiscal Watchdog committee that traveled the state educating the public about the mission and potential of this office. When the people of Wisconsin considered the referendum to amend our constitution and remove this critical financial role, they determined by an overwhelming margin that they wanted to keep it.