State Treasurer
August 11, 2026 · Wisconsin · Statewide · primary
How do we calculate vote impact?
Vote impact = representation (how much weight one vote carries here, the smaller the district's population, the higher the representation) + decisiveness (how likely this race is to be close, based on past results and number of candidates).
Representation: Average · 44 out of 100
This district is mid-sized for its type, so each vote carries average weight. About 5,914,872 people live here.
score = 100 × ln(largest population ÷ this district's) ÷ ln(largest ÷ smallest), rounded to 2 decimals = 100 × ln(39,287,377 ÷ 5,914,872) ÷ ln(39,287,377 ÷ 582,397) = 44.96, comparing all statewide districts nationwide (grades: 66+ high, 33+ average, otherwise low)
Decisiveness: Unknown
No past results for this contest yet.
Average representation + unknown decisiveness → Average vote impact.
Some data is missing, so this rating is based on partial information and capped at "High".
State Treasurer is responsible for:
- Managing the state's bank accounts and day-to-day cash
- Investing state money until it is needed
- Managing state debt, such as bonds — money the state borrows and pays back over time
- Paying out state funds as the law directs
Affected Areas: Anti-Corruption, Government Efficiency, Government Spending Reduction
Candidates
Dylan Ray Helmenstine
Democratic · declared
Dylan Helmenstine is a school-board member and local elected official. He has also worked as a Wisconsin Medicaid auditor and financial analyst and served in local emergency-services governance.
John S. Leiber
Republican · Incumbent · declared
John Leiber is Wisconsin's state treasurer and an attorney. He previously worked as a legislative aide and served on local parks, recreation, and housing bodies.
Yee Leng Xiong
Democratic · declared
Yee Leng Xiong is a Marathon County supervisor, school-board treasurer, and nonprofit executive. His work has included public budgeting, education governance, and financial-literacy policy.
Election sources
Source: elections.wi.gov
Source: cdn.wrn.com