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]
| State Treasurer of Vermont | |
|---|---|
 Seal of the State Treasurer of Vermont | |
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| Style | The Honorable |
| Term length | Two years, no term limit |
| Inaugural holder | Ira Allen 1778 |
| Formation | Constitution of Vermont |
| Website | State Treasurer's Office |
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)
edit| Image | Name | Term of office | Political party |
|---|---|---|---|
|
Ira Allen | 1778–1786 | No party affiliation |
| Samuel Mattocks | 1786–1800 | No party affiliation | |
| Benjamin Swan | 1800–1833 | Federalist, Independent | |
| Augustine Clarke | 1833–1837 | Anti-Masonic | |
|
Allen Wardner | 1837–1838 | Whig |
| Henry Fisk Janes | 1838–1841 | Whig | |
| John Spaulding | 1841–1846 | Whig | |
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|
Elisha P. Jewett | 1846–1847 | Whig |
| George Howes | 1847–1853 | Whig | |
|
John A. Page | 1853–1854 | Democratic |
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|
Henry M. Bates | 1854–1860 | Republican |
|
John B. Page | 1860–1866 | Republican |
|
|
John A. Page | 1866–1882 | Republican |
|
William H. Dubois | 1882–1890 | Republican |
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|
Henry F. Field | 1890–1898 | Republican |
|
John L. Bacon | 1898–1906 | Republican |
|
Edward H. Deavitt | 1906–1915 | Republican |
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|
Walter F. Scott | 1915–1923 | Republican |
|
Thomas H. Cave | 1923–1943 | Republican |
| Levi R. Kelley | 1943–1949 | Republican | |
| George H. Amidon | 1949–1965 | Republican | |
| Peter J. Hincks | 1965–1968 | Democratic | |
| Madelyn Davidson | 1968–1969 | Democratic | |
| Frank H. Davis | 1969–1975 | Republican | |
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|
Stella B. Hackel | 1975–1977 | Democratic |
|
Emory A. Hebard | 1977–1989 | Republican |
| Paul W. Ruse Jr. | 1989–1995 | Democratic | |
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|
James H. Douglas | 1995–2003 | Republican |
|
George B. "Jeb" Spaulding | 2003–2011 | Democratic |
|
Beth Pearce | 2011–2023 | Democratic |
|
|
Mike Pieciak | 2023–present | Democratic[7][8][9][10] |
Notes
edit- ^ About the Treasurer's Office page Archived 2011-12-04 at the Wayback Machine, Vermont State Treasurer's web site, accessed November 26, 2011
- ^ "Constitution of the State of Vermont". Vermont General Assembly. Retrieved August 23, 2019.
- ^ "3 V.S.A. § 1 — Vacancy, absence from State". Vermont General Assembly. Retrieved August 23, 2019.
- ^ "20 V.S.A. § 183 — Additional successor to office of governor". Vermont General Assembly. Retrieved August 23, 2019.
- ^ Press Release, Governor-Elect Shumlin Appoints Beth Pearce as Vermont’s Next State Treasurer Archived 2012-04-26 at the Wayback Machine, by Shumlin for Governor Campaign, December 20, 2010
- ^ News story, Deputy Vt. Treasurer to Take Top Job Archived 2012-04-06 at the Wayback Machine, WCAX-TV, December 20, 2010
- ^ Early History of Vermont, by LaFayette Wilbur, Volume 3, 1902, page 380
- ^ Vermont State Treasurers, Terms of Service Archived 2012-04-15 at the Wayback Machine, published by Office of the Vermont Secretary of State, Archives and Records Administration, accessed November 26, 2011
- ^ Duffort, Lola (November 8, 2022). "Mike Pieciak elected Vermont's next treasurer". VTDigger.
- ^ Bradley, Pat (January 5, 2023). "Vermont Gov. Phil Scott delivers inaugural address as fourth term begins". WAMC Radio. Albany, NY.