Ada County Treasurer Vicky McIntyre has filed to run for state treasurer in 2018.
Five-term GOP Treasurer Ron Crane announced earlier this year he wouldn’t seek re-election, leaving the little-known position up for grabs in next year’s election.
McIntyre has served as treasurer for the state’s most populated county since 2011. She has filed to run as a Republican.
The only other candidate to file for the seat so far is Kevin Jones, a Republican who founded a Boise investment company.
The treasurer serves as Idaho’s chief financial officer and manages $2.7 billion of state investments. The treasurer is also in charge of investing idle state funds and acts as the custodian for worker’s compensation insurance securities and the Endowment Public School Income Fund.
Legislative auditors, lawmakers, former employees and outside financial experts in recent years have questioned spending and investment decisions by the treasurer’s office, often pointing out where the state could save money through practices such as competitive bidding, streamlined transactions and other industry best practices. Allegations of shoddy investment management were part of a 2016 wrongful-termination claim by an employee who said he was fired for trying to stop them. The claim remains unresolved.