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New Hampshire Treasurer
| New Hampshire Treasurer | |
 | |
| General information | |
| Office Type: | Non-partisan |
| Office website: | Official Link |
| 2013 FY Budget: | $176,206,647 |
| Term limits: | None |
| Structure | |
| Length of term: | 2 years |
| Authority: | New Hampshire Constitution, Article 67 |
| Selection Method: | Elected by New Hampshire State Legislature |
| Current Officeholder | |
 | |
| Name: | Catherine Provencher |
| Assumed office: | January 3, 2007 |
| Compensation: | $104,364 |
| Other New Hampshire Executive Offices | |
| Governor • Secretary of State • Attorney General • Treasurer • Commissioner of Education • Agriculture Commissioner • Insurance Commissioner • Labor Commissioner • Director of Fish & Game • Public Utilities Commission | |
Contents |
The New Hampshire Treasurer is a state executive position in the New Hampshire state government.
The Treasurer is responsible for investing and managing the state's finances as well as banking relationships, debt management and trust fund management.[1]
Current officeholder
The current officeholder is Catherine Provencher. She was first appointed to a two year term in December 2006 and assumed office on January 3, 2007. Provencher was re-appointed in 2009 and 2011.
Authority
The state Constitution addresses the office of treasurer in Article 67, Secretary, Treasurer, Etc..
Under Article 67:
|
The secretary and treasurer shall be chosen by joint ballot of the senators and representatives assembled in one room. |
Appointments
As with other state executive officers, the Treasurer for New Hampshire is elected by a joint session of both houses of the State Legislature. There is no term limit imposed on this statewide position. (New Hampshire Constitution, Part II, Article 67)
Duties
The Treasurer provides to the "state government, its agencies, the legislature and its citizens, professional financial management services. The Treasury will optimize the use of state financial assets while protecting those assets through the employment of appropriate technology, modern and efficient banking practices, a commitment to prudent management of public funds and a professional staff."[2]
The Treasury is responsible for a variety of financial management activities including:[2]
- Cash management (managing and investing the State's funds and trust accounts)
- Debt management (issuing general obligation and revenue bonds for capital projects and administering related debt service payments)
- Unclaimed or abandoned property: The Treasury is responsible for acquiring and returning unclaimed property to its rightful owners.
- Treasury's Annual Report: specific information relating to receipts, disbursements and debt payments for all of the State's fund accounts.
Division
The Department of Treasury is divided into the following divisions:[3]
- Cash management (managing and investing the State's funds and trust accounts)
- Debt management (issuing general obligation and revenue bonds for capital projects and administering related debt service payments)
- Unclaimed or abandoned property (acquiring and returning Unclaimed Property to its rightful owners)
State budget
The budget for the Treasury operations in Fiscal Year 2013 was $176,206,647.[4]
Compensation
- See also: Compensation of state executive officers
In 2012, the New Hampshire Treasurer was paid an estimated $104,364. This figure comes from the Council of State Governments.
Former officeholders
| # | Name | Took office | Left office |
|---|---|---|---|
| 1 | Richard Martin | 1680 | 1684 |
| 2 | Samuel Penhallow | 1684 | 1692 |
| 3 | William Partridge | 1692 | 1695 |
| 4 | George Jaffrey | 1695 | 1696 |
| 5 | Joseph Smith | 1696 | 1696 |
| 6 | William Vaughan | 1696 | 1698 |
| 7 | Joseph Smith | 1698 | 1699 |
| 8 | Samuel Penhallow | 1699 | 1726 |
| 9 | George Jaffrey | 1726 | 1730 |
| 10 | Henry Sherburne | 1730 | 1742 |
| 11 | George Jaffrey | 1742 | 1749 |
| 12 | George Jaffrey | 1749 | 1776 |
| 13 | Nicholas Gilman | 1776 | 1783 |
| 14 | John T. Gilman | 1783 | 1789 |
| 15 | William Gardner | 1789 | 1791 |
| 16 | John T. Gilman | 1791 | 1794 |
| 17 | Oliver Peabody | 1794 | 1804 |
| 18 | Nathaniel Gilman | 1804 | 1809 |
| 19 | Thomas W. Thompson | 1809 | 1810 |
| 20 | Nathaniel Gilman | 1810 | 1814 |
| 21 | William Kent | 1814 | 1816 |
| 22 | William Pickering | 1816 | 1828 |
| 23 | Samuel Morrill | 1828 | 1829 |
| 24 | William Pickering | 1829 | 1830 |
| 25 | Abner B. Kelly | 1830 | 1837 |
| 26 | Zenas Clement | 1837 | 1843 |
| 27 | John Atwood | 1843 | 1846 |
| 28 | James Peverly, Jr. | 1846 | 1847 |
| 29 | John Atwood | 1847 | 1850 |
| 30 | Edson Hill | 1850 | 1853 |
| 31 | Walter Harriman | 1853 | 1855 |
| 32 | William Berry | 1855 | 1857 |
| 33 | Peter Sanborn | 1857 | 1871 |
| 34 | Leander W. Cogswell | 1871 | 1872 |
| 35 | Solon A. Carter | 1872 | 1874 |
| 36 | Josiah G. Dearborn | 1874 | 1875 |
| 37 | Solon A. Carter | 1875 | 1913 |
| 38 | George E. Farrand | 1913 | 1914 |
| 39 | J. Wesley Plummer | 1914 | 1923 |
| 40 | George E. Farrand | 1923 | 1925 |
| 41 | Henry E. Chamberlin | 1925 | 1929 |
| 42 | Charles T. Patten | 1929 | 1931 |
| 43 | Charles T. Patten | 1931 | 1936 |
| 44 | F. Gordon Kimball | 1936 | 1950 |
| 45 | Remick Laighton | 1950 | 1951 |
| 46 | Winfield J. Phillips | 1951 | 1952 |
| 47 | Alfred S. Cloues | 1953 | 1964 |
| 48 | Robert W. Flanders | 1964 | 1984 |
| 49 | Martha M. Custer | 1984 | 1984 |
| 50 | Georgie A. Thomas | 1984 | 2002 |
| 51 | Michael A. Ablowich | 2002 | 2006 |
| 52 | Catherine Provencher | 2007 | Present |
Contact information
State of New Hampshire Treasury
25 Capitol Street, Room 121
Concord, NH 03301
Telephone: (603) 271-2621
Fax: (603) 271-3922
Email: treasury@treasury.state.nh.us
See also
External links
References
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