Washington State Treasurer originally directed that the Treasurer would be paid a salary of $2,000, though constitutional limits on officeholder salaries have since been repealed by amendment and are now set by statute. The Treasurer currently receives an annual salary of $125,000. The Treasurer is elected every four years on a partisan ballot; any registered voter in the state of Washington is eligible to stand for election. The Washington State Constitution requires that, upon assuming office, the Treasurer establish residence in the state's capital city of Olympia. State law further requires he post a surety bond of $500,000, approved by both the Washington
Economy of Washington (state) top 20 Most Admired Companies in the US has four Washington-based companies in it, Starbucks, Microsoft, Costco and Nordstrom. Washington was one of eighteen states which had a government monopoly on sales of alcoholic beverages, although beer and wine with less than 20% alcohol by volume could be purchased in convenience stores and supermarkets. Liqueurs (even if under 20% alcohol by volume) and spirits could only be purchased in state-run or privately owned-state-contracted liquor stores. This however was overturned by 2011's Initiative 1183 which ceased state-run liquor stores as of June 1, 2012. Washington is a leading agricultural state. (The