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Difference between revisions of "Vermont Treasurer"

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In 2010, the Vermont Treasurer was paid an estimated $90,376 according to the [[Council of State Governments]].<ref>[http://knowledgecenter.csg.org/drupal/system/files/Table_4.11.pdf ''The Council of State Governments'',"The Book of States 2010 Table 4.11," retrieved April 23, 2011]</ref>
 
In 2010, the Vermont Treasurer was paid an estimated $90,376 according to the [[Council of State Governments]].<ref>[http://knowledgecenter.csg.org/drupal/system/files/Table_4.11.pdf ''The Council of State Governments'',"The Book of States 2010 Table 4.11," retrieved April 23, 2011]</ref>
  
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Revision as of 11:58, 21 June 2013

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

Elizabeth Pearce.jpg
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
GovernorLieutenant GovernorSecretary of StateAttorney GeneralTreasurerAuditorSuperintendent of EducationAgriculture CommissionerInsurance CommissionerNatural Resources CommissionerLabor CommissionerPublic Service Board
The Treasurer of Vermont is an elected executive position in the Vermont state government. As the state's banker and chief investment officer, the treasurer is accountable for the receipt and disbursement of public funds, short and long-term debt management, investment of state funds, administration of three retirement systems and pension funds, collecting and returning unclaimed financial property to rightful owners, improving the financial literacy of Vermonters, and advising state policymakers on various fiscal and policy issues.[1]

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 section and/or page, please email us.

Qualifications

Note: Ballotpedia's state executive officials project researches the constitutional or statutory text that establishes the requirements necessary to qualify for 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 section and/or page, 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

See also: Vermont down ballot state executive elections, 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 Green check mark transparent.pngElizabeth 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.

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

Click here to view a larger-scale image of the Vermont Treasurer's office Organizational Chart as of January 14, 2013.

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]

Historical officeholders

Note: Ballotpedia's state executive officials project researches state official websites for chronological lists of historical officeholders. That information for the Vermont Treasurer has not yet been added because the information was unavailable on the relevant state official websites, or we are currently in the process of formatting the list for this office. If you have any additional information about this office for inclusion on this section and/or page, please email us.

Recent news

This section displays the most recent stories in a google news search for the term Vermont + State + Treasurer

All stories may not be relevant to this page due to the nature of the search engine.

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Contact information

Vermont

Office of the State Treasurer
109 State Street
Montpelier, VT 05609

See also

External links

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References