Vermont State Treasurer Explained

Post:State Treasurer
Body:Vermont
Insignia:Seal of the State Treasurer of Vermont.svg
Insigniasize:120px
Insigniacaption:Seal of the State Treasurer of Vermont
Incumbent:Mike Pieciak
Incumbentsince:January 5, 2023
Style:The Honorable
Termlength:Two years, no term limit
Formation:Constitution of Vermont
Inaugural:Ira Allen
1778
Website:State Treasurer's Office

The State Treasurer's Office is responsible for several administrative and service duties, in accordance with Vermont Statutes. These include: investing state funds; issuing state bonds; serving as the central bank for state agencies; managing the state's cash balances, check processing and reconciliation; safeguarding and returning unclaimed or abandoned financial property; and administering three major pension plans for public employees.[1] The treasurer is fifth (behind the lieutenant governor, speaker of the House of Representatives, president pro tempore of the Senate, and secretary of state, respectively) in the line of succession to the office of Governor of Vermont.[2] [3] [4]

The incumbent is Mike Pieciak who assumed in the office in January 2023. He succeeded Beth Pearce, who was appointed to the office in January, 2011 when Jeb Spaulding resigned to become Secretary of Administration in the cabinet of Governor Peter Shumlin, and was subsequently elected and re-elected. Pearce had been Spaulding's deputy.[5] [6]

List of Vermont state treasurers (1778–present)

ImageNameTerm of officePolitical party
Ira Allen1778 - 1786No party affiliation
Samuel Mattocks1786 - 1800No party affiliation
Benjamin Swan1800 - 1833Federalist, Independent
Augustine Clarke1833 - 1837Anti-Masonic
Allen Wardner1837 - 1838Whig
Henry Fisk Janes1838 - 1841Whig
John Spaulding1841 - 1846Whig
Elisha P. Jewett1846 - 1847Whig
George Howes1847 - 1853Whig
John A. Page1853 - 1854Democratic
Henry M. Bates1854 - 1860Republican
John B. Page1860 - 1866Republican
John A. Page1866 - 1882Republican
William H. Dubois1882 - 1890Republican
Henry F. Field1890 - 1898Republican
John L. Bacon1898 - 1906Republican
Edward H. Deavitt1906 - 1915Republican
Walter F. Scott1915 - 1923Republican
Thomas H. Cave1923 - 1943Republican
Levi R. Kelley1943 - 1949Republican
George H. Amidon1949 - 1965Republican
Peter J. Hincks1965 - 1968Democratic
Madelyn Davidson1968 - 1969Democratic
Frank H. Davis1969 - 1975Republican
Stella B. Hackel1975 - 1977Democratic
Emory A. Hebard1977 - 1989Republican
Paul W. Ruse Jr.1989 - 1995Democratic
James H. Douglas1995 - 2003Republican
George B. "Jeb" Spaulding2003 - 2011Democratic
Beth Pearce2011 - 2023Democratic
Mike Pieciak2023 - presentDemocratic[7] [8] [9] [10]

Notes and References

  1. http://www.vermonttreasurer.gov/about-us About the Treasurer's Office page
  2. Web site: Constitution of the State of Vermont. Vermont General Assembly. August 23, 2019.
  3. Web site: 3 V.S.A. § 1 — Vacancy, absence from State. Vermont General Assembly. August 23, 2019.
  4. Web site: 20 V.S.A. § 183 — Additional successor to office of governor. Vermont General Assembly. August 23, 2019.
  5. http://www.vermonttreasurer.gov/sites/treasurer/files/pdf/press/Pearce_Named_Treasurer.pdf Press Release, Governor-Elect Shumlin Appoints Beth Pearce as Vermont’s Next State Treasurer
  6. http://www.wcax.com/story/13714549/deputy-treasurer-to-take-top-job?clienttype=printable News story, Deputy Vt. Treasurer to Take Top Job
  7. https://books.google.com/books?id=e4wUAAAAYAAJ&dq=%22norman+williams%22+vermont+auditor+1819+1823&pg=PA381 Early History of Vermont
  8. http://vermont-archives.org/govhistory/Officials/pdf/treasurer.pdf Vermont State Treasurers, Terms of Service
  9. Web site: Mike Pieciak elected Vermont's next treasurer. Lola. Duffort. November 8, 2022. VTDigger.
  10. News: Bradley . Pat . January 5, 2023 . Vermont Gov. Phil Scott delivers inaugural address as fourth term begins . WAMC Radio . Albany, NY.