Georgia Treasurer
| Georgia Treasurer | |
 | |
| General information | |
| Office Type: | Nonpartisan |
| Office website: | Official Link |
| Compensation: | $190,000 |
| 2025 FY Budget: | $10,194,262 |
| Term limits: | None |
| Structure | |
| Length of term: | Serves at the pleasure of the State Depository Board |
| Authority: | Georgia Code, 50-5A-1 |
| Selection Method: | Appointed by the State Depository Board |
| Current Officeholder(s) | |
Georgia Treasurer
Steve McCoy | |
| Other Georgia Executive Offices | |
| Governor•Lieutenant Governor•Secretary of State•Attorney General•Treasurer•Auditor•Superintendent of Schools•Agriculture Commissioner•Insurance Commissioner•Natural Resources Commissioner•Labor Commissioner•Public Service Commission | |
The Georgia Treasurer is a state executive position in the Georgia state government. The treasurer's office is "responsible for the receipt and disbursement of state funds and lottery funds, management of the state's cash resources, Georgia Fund 1 and the Georgia Extended Asset Pool."[1] Additionally, the treasurers' office administers the Path2College529 Plan, a college savings plan offered by the state.
Current officeholder
The current Georgia Treasurer is Steve McCoy (nonpartisan). McCoy assumed office in 2020.
Authority
The office of treasurer is established by state law.[2]
Georgia Code, 50-5A-1
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There is created the Office of the State Treasurer. The state treasurer shall be both appointed and removed by the State Depository Board and shall be in the unclassified service. The state treasurer shall hire the personnel for the office and shall supervise, direct, account for, organize, plan, and execute the functions vested in the office. |
Qualifications
There are no particular qualifications required of Georgia treasurers.
Appointments
The treasurer is appointed by the State Depository Board, a state agency composed of the governor, the insurance commissioner, the state accounting officer, the commissioner of banking and finance, the commissioner of transportation and, when the position is filled, the state treasurer himself.[3]
The treasurer serves at the board's pleasure.[2]
Term limits
There are no term limits associated with the office of treasurer.
Vacancies
If a vacancy in the office occurs, the State Depository Board appoints a new officeholder.[4]
Duties
The treasurer's office is responsible for the receipt and disbursement of state funds and lottery funds, management of the state's cash resources, Georgia Fund 1, and the Georgia Extended Asset Pool.[1]
Divisions
- Updated January 13, 2021
- Banking
- Investments
- Georgia College Savings[5]
State budget
- See also: Georgia state budget and finances
The budget for the Office of State Treasurer in Fiscal Year 2025 was $10,194,262.[6]
Compensation
- See also: Compensation of state executive officers
2023
In 2023, the officer's salary was $190,000, according to the Council of State Governments.[7]
2022
In 2022, the officer's salary was $185,000, according to the Council of State Governments.[8]
2021
In 2021, the treasurer received a salary of $185,000, according to the Council of State Governments.[9]
2020
In 2020, the treasurer received a salary of $185,000, according to the Council of State Governments.[10]
2019
In 2019, the treasurer received a salary of $165,000, according to the Council of State Governments.[11]
2018
In 2018, the treasurer received a salary of $165,000, according to the Council of State Governments.[12]
2017
In 2017, the treasurer received a salary of $165,000, according to the Council of State Governments.[13]
2016
In 2016, the treasurer received a salary of $165,000, according to the Council of State Governments.[14]
2015
In 2015, the treasurer received a salary of $181,250, according to the Council of State Governments.[15]
2014
In 2014, the treasurer received a salary of $163,125, according to the Council of State Governments.[16]
2013
In 2013, the treasurer received a salary of $145,000, according to the Council of State Governments.[17]
2010
In 2010, the treasurer received a salary of $130,927.
Historical officeholders
Note: Ballotpedia's state executive officials project researches state official websites for chronological lists of historical officeholders; information for the Georgia 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.
- Lynne Riley (2019-2020)
Recent news
The link below is to the most recent stories in a Google news search for the terms Georgia State Treasurer McCoy. These results are automatically generated from Google. Ballotpedia does not curate or endorse these articles.
Contact info
Address:
200 Piedmont Avenue SE
Suite 1204 West Tower
Atlanta, GA 30334
Phone: (404) 656-2168
Fax: (404) 656-9048
See also
External links
Footnotes
- ↑ 1.0 1.1 Office of the Georgia Treasurer, "About Us," accessed September January 13, 2021
- ↑ 2.0 2.1 Georgia Code, "50-5A-1," accessed January 13, 2021
- ↑ Georgia Code, "50-17-50," accessed January 13, 2021
- ↑ Georgia Code, "50-5A-5," accessed January 13, 2021
- ↑ Office of the Georgia Treasurer, "Divisions & Offices," accessed January 13, 2021
- ↑ Georgia.gov, "HB 916 - FY 2025 Appropriations Bill," accessed January 16, 2025
- ↑ Council of State Governments, "Book of the States 2023 Table 4.11: Selected State Administrative Officials: Annual Salaries," accessed January 15, 2025
- ↑ Council of State Governments, "Book of the States 2022 Table 4.11: Selected State Administrative Officials: Annual Salaries," provided to Ballotpedia by CSG personnel
- ↑ Issuu, "The Book of the States 2021," accessed September 22, 2022
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2020," accessed January 13, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2019," accessed January 13, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2018," accessed January 13, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2017," accessed January 13, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2016," accessed January 13, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2015," accessed January 13, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries," accessed January 13, 2021
- ↑ The Council of State Governments, "Book of the States 2013, Table 4.11," accessed January 13, 2021
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