What is one of the main responsibilities of the state treasurer?

The role of the state treasurer primarily involves managing the financial resources of the state. This means overseeing the state's investment portfolio, managing public funds, ensuring liquidity to meet the state's obligations, preparing financial reports, and advising on financial policies. The treasurer is responsible for maintaining financial stability and optimizing the state's revenue through prudent finance management.

In contrast, establishing tax rates falls under the purview of legislative bodies rather than the treasurer. Law enforcement oversight is typically handled by the state police or other relevant authorities, and regulating education budgets is usually a responsibility of the state’s department of education. The specific focus of the treasurer on financial resources highlights the importance of sound financial management in maintaining the fiscal health of the state.