Rhode Island General Treasurer
From Ballotpedia
| Rhode Island General Treasurer | |
 | |
| General information | |
| Office Type: | Partisan |
| Office website: | Official Link |
| Compensation: | $137,510 |
| 2025 FY Budget: | $23,886,874 |
| Term limits: | 2 terms |
| Structure | |
| Length of term: | 4 years |
| Authority: | Rhode Island general laws, § 42-10-1 |
| Selection Method: | Elected |
| Current Officeholder | |
Rhode Island General Treasurer
James Diossa | |
| Elections | |
| Next election: | November 3, 2026 |
| Last election: | November 8, 2022 |
| Other Rhode Island Executive Offices | |
| Governor • Lieutenant Governor • Secretary of State • Attorney General • Treasurer • Superintendent of Education • Agriculture Commissioner • Insurance Commissioner • Natural Resources Commissioner • Labor Commissioner • Public Service Commission |
The General Treasurer of Rhode Island is an elected executive position in the Rhode Island state government. The treasurer is the state's chief banker and financial officer, responsible for receiving and disbursing all state funds.[1]
Current officeholder
The current Rhode Island General Treasurer is James Diossa (D). Diossa assumed office in 2023.
The Office of the General Treasurer, with the general treasurer as its head, is established in the Rhode Island Constitution and Section 42-10-1 of the Rhode Island general laws.[2]
§ 42-10-1:
| There shall be a treasury department. The head of the treasury department shall be the general treasurer. The general treasurer shall perform the duties required by this chapter, chapters 11 and 15 of title 5; chapter 4 of title 35; chapter 21 of title 44; and all other provisions of the general laws and public laws insofar as those powers and duties relate to the general treasurer and the treasury department. He or she shall receive all revenues of the state except as may otherwise be specified by law. He or she shall disburse only such sums of money as are authorized by the department of administration, except as may otherwise be provided by law.[1] |
Qualifications
According to the Rhode Island Secretary of State, candidates for general treasurer must be:[3]
- at least 18 years old.
- a registered voter.
- a U.S. Citizen.
- a resident of Rhode Island for at least 30 days.
Vacancies
Article IV, Section 4 of the state Constitution addresses vacancies. In the event of a vacancy in the office of secretary of state, attorney general, or treasurer, the Rhode Island General Assembly elects a successor to fill the remainder of the unexpired term. If the vacancy occurs when the general assembly is not in session, the governor appoints a person to fill the vacancy to serve until a successor is elected by the general assembly.[2]
Elections
Article IV, Section 1 of the state constitution specifies that the offices of governor, lieutenant governor, secretary of state, attorney general and treasurer are to be elected every four years during the November general election. The offices are elected in mid-term election years (2018, 2022, 2026, et cetera).[2]
Term limits
According to Article IV, Section 1 of the state Constitution, no person may hold the offices of governor, lieutenant governor, secretary of state, attorney general, or treasurer for more than two consecutive four-year terms.[2]
2022
- See also: Rhode Island Treasurer election, 2022
General election
Democratic primary election
Republican primary election
2018
- See also: Rhode Island Treasurer election, 2018
General election
Democratic primary election
Republican primary election
Full history
2014
Democrat Seth Magaziner won the election on November 4, 2014.
| Rhode Island Treasurer, 2014 | ||||
|---|---|---|---|---|
| Party | Candidate | Vote % | Votes | |
| Democratic |  Seth Magaziner |
57.1% | 175,902 | |
| Independent | Ernest Almonte | 42.7% | 131,423 | |
| Nonpartisan | Write-in votes | 0.2% | 588 | |
| Total Votes | 307,913 | |||
| Election results via State of Rhode Island |
To view the electoral history dating back to 2002 for the office of Rhode Island General Treasurer, click [show] to expand the section. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
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2010 On November 2, 2010, Gina M. Raimondo won election to the office of Rhode Island General Treasurer. She defeated Kernan F. King (R) in the general election.
2006 On November 7, 2006, Frank T. Caprio won election to the office of Rhode Island General Treasurer. He defeated Andrew M. Lyon, III (R) in the general election.
2002 On November 5, 2002, Paul J. Tavares won re-election to the office of Rhode Island General Treasurer. He defeated Andrew M. Lyon, III (R) in the general election.
|
Duties
The treasurer serves as the state's chief banker. Treasurers are responsible for receiving and disbursing all state funds, issuing general obligation notes and bonds, managing the investments of state funds, and overseeing the retirement system for state employees, teachers, and some municipal employees. The treasurer also manages the unclaimed property division, the crime victim compensation program, and the CollegeBound fund.[4]
Divisions
Note: Ballotpedia's state executive officials project researches state official websites for information that describes the divisions (if any exist) of a state executive office. That information for the Rhode Island General 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.
State budget
- See also: Rhode Island state budget and finances
The budget for the Office of the General Treasurer in Fiscal Year 2025 was $23,886,874.[5]
Compensation
- See also: Compensation of state executive officers
2023
In 2023, the officer's salary was $137,510, according to the Council of State Governments.[6]
2022
In 2022, the officer's salary was $122,740, according to the Council of State Governments.[7]
2021
In 2021, the treasurer received a salary of $117,637, according to the Council of State Governments.[8]
2020
In 2020, the treasurer received a salary of $122,740 according to the Council of State Governments.[9]
2019
In 2019, the treasurer received a salary of $122,740 according to the Council of State Governments.[10]
2018
In 2018, the treasurer received a salary of $117,637 according to the Council of State Governments.[11]
2017
In 2017, the treasurer received a salary of $117,637 according to the Council of State Governments.[12]
2016
In 2016, the treasurer received a salary of $117,637, according to the Council of State Governments.[13]
2015
In 2015, the treasurer received a salary of $108,808, according to the Council of State Governments.[14]
2014
In 2014, the treasurer was paid an estimated $108,808, according to the Council of State Governments.[15]
2013
In 2013, the treasurer was paid an estimated $108,808, according to the Council of State Governments.[16]
Historical officeholders
Note: Ballotpedia's state executive officials project researches state official websites for chronological lists of historical officeholders; information for the Rhode Island General 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
The link below is to the most recent stories in a Google news search for the terms Rhode Island General Treasurer. These results are automatically generated from Google. Ballotpedia does not curate or endorse these articles.
Contact information
Treasury Office
82 Smith Street, Room 102
Providence, RI 02903
Phone: (401) 222-2397
Fax: (401) 222-6140
See also
| Rhode Island | State Executive Elections | News and Analysis |
|---|---|---|
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| Rhode Island State Executive Offices Rhode Island State Legislature Rhode Island Courts | 2025 • 2024 • 2023 • 2022 • 2021 • 2020 • 2019 • 2018 • 2017 • 2016 Rhode Island elections: 2025 • 2024 • 2023 • 2022 • 2021 • 2020 • 2019 • 2018 • 2017 • 2016 | Party control of state government State government trifectas State of the state addresses Partisan composition of governors |
External links
Footnotes
- ↑ 1.0 1.1 State of Rhode Island, "Chapter 42-10, Treasury Department," accessed January 27, 2021
- ↑ 2.0 2.1 2.2 2.3 State of Rhode Island, "Rhode Island State Constitution," accessed January 27, 2021
- ↑ Rhode Island Secretary of State, "Are You Eligible?" accessed January 27, 2021
- ↑ Rhode Island Treasury, "About the Office," accessed January 27, 2021
- ↑ Rhode Island Legislature, "2024 -- H 7225 Substitute A as Amended," accessed January 22, 2025
- ↑ Council of State Governments, "Book of the States 2023 Table 4.11: Selected State Administrative Officials: Annual Salaries," accessed January 21, 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 28, 2022
- ↑ Council of State Governments, "The Book of the States 2020," accessed January 5, 2021
- ↑ Council of State Governments, "The Book of the States 2019," accessed January 5, 2021
- ↑ Council of State Governments, "The Book of the States 2018," accessed January 5, 2021
- ↑ Council of State Governments, "The Book of the States 2017," accessed January 5, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2016," accessed August 27, 2016
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2015," accessed August 27, 2016
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries," accessed December 8, 2014
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries," January 29, 2014
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