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Vermont Treasurer
| Vermont Treasurer | |
 | |
| General information | |
| Office Type: | Partisan |
| Office website: | Official Link |
| 2010 FY Budget: | $2,677,029 |
| Term limits: | None |
| Structure | |
| Length of term: | 2 years |
| Selection Method: | Elected |
| Current Officeholder | |
 | |
| Name: | Elizabeth Pearce |
| Officeholder Party: | Democratic |
| Assumed office: | January 2011 |
| Compensation: | $90,376 |
| Elections | |
| Next election: | November 4, 2014 |
| Last election: | November 6, 2012 |
| Other Vermont Executive Offices | |
| Governor • Lieutenant Governor • Secretary of State • Attorney General • Treasurer • Auditor • Superintendent of Education • Agriculture Commissioner • Insurance Commissioner • Natural Resources Commissioner • Labor Commissioner • Public Service Board | |
Contents |
Current officeholder
The current officeholder is Elizabeth Pearce. She was first appointed to the position in January 2011 by Gov. Peter Shumlin to replace Jeb Spaulding, who was appointed Secretary of Administration.
Authority
Note: Ballotpedia's state executive officials project researches the constitutional or statutory text that authorizes the creation of a state executive office. That information for the Vermont Treasurer has not yet been added. After extensive research we were unable to identify any relevant information on state official websites. If you have any additional information about this office for inclusion on this place, please email us.
Elections
The governor, lieutenant governor, attorney general, secretary of state, treasurer and auditor are elected every two years, on the first Tuesday following the first Monday in November.
In Vermont, state executives are elected in even numbered years; 2010, 2012, and 2014 are all election years.
2012
Elizabeth Pearce was elected Vermont Treasurer in 2012. She ran unopposed in the August 28 Democratic primary.[2] Republican Wendy Wilton and Progressive Party candidate Don Schramm were also unopposed in their respective parties' primaries. The three candidates, in addition to Liberty Union Party candidate Jessica Diamondstone, ran in the general election on November 6, 2012.[3] Pearce defeated her challengers to win re-election in the general election.[4]
| Vermont Treasurer General Election, 2012 | ||||
|---|---|---|---|---|
| Party | Candidate | Vote % | Votes | |
| Democratic |  Elizabeth Pearce Incumbent |
52.3% | 147,700 | |
| Republican | Wendy Wilton | 40.7% | 114,947 | |
| Progressive | Don Schramm | 4.4% | 12,497 | |
| Liberty Union | Jessica Diamondstone | 2.5% | 6,939 | |
| Independent | Write-in | 0.1% | 198 | |
| Total Votes | 282,281 | |||
| Election Results via Vermont Secretary of State. Vote totals above are unofficial and reflect 263 of 275 precincts reporting. | ||||
Vacancies
Section 20 of the Vermont Constitution, grants the governor the power to fill a vacancy in the office by appointment. The appointee shall serve until the next regularly scheduled election.
Duties
The office of the treasurer has a wide range of duties:
- invests state funds
- issues of all state bonds authorized by the general assembly
- serves as the central bank for state agencies
- manages the state's cash balances, processes checks and reconciles payroll and vendor checks
- safeguards and returns unclaimed or abandoned financial property
- administers three major pension plans, the deferred compensation plan, and the defined contribution play for state employees, teachers, and participating municipalities[5]
Divisions
The treasurer's office is organized into an executive office and five divisions. The executive office supervises all of the other divisions and maintains responsibility for overall strategic planning, legislative initiatives, constituent relations, debt management, and financial literacy.[5] The five divisions are:
- Investment and Debt Management
- Retirement
- Technology Services
- Treasury Operations
- Unclaimed Property
State budget
The budget for the State Treasurer in Fiscal Year 2010 was $2,677,029.[6]
Compensation
- See also: Compensation of state executive officers
2012
In 2012, the treasurer was paid an estimated $90,376. This figure comes from the Council of State Governments.
2010
In 2010, the Vermont Treasurer was paid an estimated $90,376 according to the Council of State Governments.[7]
Contact information
Office of the State Treasurer
109 State Street
Montpelier, VT 05609
- Phone: (802) 828-2301
- Fax: (802) 828-2772
- TTY: (800) 253-0191
- E-mail: Treasurers.Office@state.vt.us
See also
External links
References
- ↑ '"VermontTreasurer.gov, "Welcome to the Vermont state treasurer's office," accessed November 29, 2011
- ↑ Vermont Secretary of State, "Unofficial election results," August 28, 2012
- ↑ Vermont Secretary of State Elections Division, "2012 Candidate Listing," accessed October 19, 2012
- ↑ Vermont Public Radio "Campaign 2012 Election Results" Accessed November 6, 2012
- ↑ 5.0 5.1 VermontTreasurer.gov, "About the treasurer's office," accessed November 29, 2011
- ↑ Vermont Department of Finance and Management, "FY10 Appropriations Act (2009, Act 1 special session," accessed April 5, 2013
- ↑ The Council of State Governments,"The Book of States 2010 Table 4.11," retrieved April 23, 2011
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