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Dean Martin
Republican
2006 - Present

State Treasurer Dean Martin serves as the chief financial officer for the State of Arizona, overseeing more than $12 billion in assets under management, responsible for the prudent custody and management of state and local monies. The State Treasurer is a statewide constitutional officer, third in line of succession to the Governor.

The Treasurer’s Office is essentially the State’s Bank. The primary responsibilities of the office include the receipt, safekeeping, investment and disbursement of monies belonging to the state, as well as the safekeeping of investment securities and performance bonds held in trust on behalf of state agencies. In the fiscal year ending in June 2007 the Treasurer distributed over $447 million in earnings from investments. Treasurer Dean Martin has distinguished his administration by opening up state finances to the public, making more financial information available to taxpayers via the web than any previous administration.

The Treasurer serves as the Chairman of the State Board of Investment, as the State Surveyor General and on the State Land Selection Board. The Board has the authority to approve State Land Department recommendations on transactions involving state-trust lands (A.R.S. 37-202). The Treasurer is elected to serve a four-year term and can serve a maximum of two consecutive terms.

Treasurer Dean Martin previously served as a State Senator since 2001 and was Chairman of the Senate Finance Committee, responsible for legislation related to taxes, retirement, insurance and financial issues. He also served as Vice-Chairman of the Judiciary Committee, and a senior member of the Appropriations committee.

He has been recognized nationally as “Hero of the Taxpayer” by Americans for Tax Reform. As Senator, Treasurer Martin sponsored and passed tax relief legislation that eliminated the marriage tax penalty and repealed Arizona’s Death Tax, ended decades of automatic inflationary income tax increases, lowered the commercial property tax assessment ratio without any shifts to other classes, and eliminated Arizona’s last state property tax. During his legislative career, Treasurer Martin also authored laws to protect funding for schools, protect Arizona retirement system investments and improve long-term retirement system stability. Full implementation of these bills represents more than $2 billion in tax relief to Arizona families and employers, including the largest tax relief package in Arizona history.

Treasurer Martin’s awards include recognition by the Business Journal as one of the top community leaders under age 40 for accomplishments in elected office and as a business owner, and the “Freedom of Information Award” for his leadership in opening government and improving access to public records.

Treasurer Martin and his wife of twelve years, Kerry, are both graduates of Arizona State University, where he earned the first degree in Small Business Management / Entrepreneurship.
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