General Treasurer of Rhode Island

{{Short description|Elected official in the United States}}

{{Infobox official post

| post = General Treasurer of Rhode Island

| body =

| nativename =

| flag =

| flagsize =

| flagcaption =

| insignia = General treasurer of rhode island logo.jpg

| insigniasize =

| insigniacaption =

| image = James Diossa, Rhode Island General Treasurer.jpg

| imagesize = 170px

| alt =

| incumbent = James Diossa

| incumbentsince = January 3, 2023

| department = Department of Treasury

| style = The Honorable

| member_of = Executive Branch

| reports_to =

| residence =

| seat = State House, Providence, Rhode Island

| nominator =

| appointer =

| appointer_qualified =

| termlength = Four years

| termlength_qualified = Renewal once

| constituting_instrument = Constitution of Rhode Island

| precursor =

| formation = 1663 (by law passed under The Royal Charter of 1663){{cite web |url=https://catalog.sos.ri.gov/agents/corporate_entities/8?&page=1 |title=Rhode Island. Treasury Department (1663-) |last= |first= |date= |website= State of Rhode Island |publisher= Department of State |access-date=April 7, 2021 |quote=}}
1842 (by ratification of the Constitution of Rhode Island)

| first = Stephen Cahoone (under 1842 Constitution){{cite magazine |author= |title=Historical Rhode Island Points Worth Preserving |url=https://books.google.com/books?id=vOknAQAAMAAJ&q=%22first+general+treasurer%22+of+rhode+island&pg=PA392 |magazine=Providence Magazine |location=Providence, RI |publisher=Providence Chamber of Commerce |date=January 1924 |access-date=April 7, 2021}}

| last =

| abolished =

| succession = Election by joint session of the Rhode Island General Assembly

| deputy =

| salary =

| website = {{URL|http://www.treasury.ri.gov}}

}}

The general treasurer of Rhode Island is one of the five general state officers directly elected by the voters and serves as the custodian of state funds for the Rhode Island government.{{cite web |url=http://treasury.ri.gov/about/about-treasury/ |title=About the Office |last= |first= |date= |website= State of Rhode Island |publisher= Office of the General Treasurer |access-date=April 7, 2021 |quote=}} The general treasurer is tasked with managing the state's finances and serves on a variety of boards and commissions. The current general treasurer is Democrat James Diossa.

Responsibilities

The general treasurer "is responsible for the safe and prudent management of the State’s finances." The Office of the General Treasurer has stated that its mission is " to protect the state's assets with sound financial investments, strengthen the state’s financial position, encourage economic growth, operate with transparency and accountability, and ensure Rhode Islanders benefit from exceptional performance through all of the programs the office manages." As part of this mission, the general treasurer's office "reconciles and disburses most state funds, issues general obligation notes and bonds, manages the investment of state funds, and oversees the retirement system for state employees, teachers, state police, judges and some municipal employees" and "is also responsible for the management of the Unclaimed Property Division and the Crime Victim Compensation Program as well as oversight of the investments for the state-sponsored CollegeBound fund."

The general treasurer also serves on the board of the Rhode Island Infrastructure Bank, the State Investment Commission, the State Retirement Board, the Public Finance Management Board, the Rhode Island Housing and Mortgage Finance Corporation, the Rhode Island Student Loan Authority and the Rhode Island School Building Authority, and he co-chairs of the Rhode Island School Building Task Force.

Officeholders

class="wikitable"

!#

!colspan=2|Name

!Political party

!Term of office

{{Party shading/Democratic-Republican}}

|1

|

|Joseph Clark

|Anti-Administration Democratic-Republican

|1775–1792

{{Party shading/Federalist}}

|2

|

|Henry Sherburne

|Federalist

|1793–1807

{{Party shading/Democratic-Republican}}

|3

|

|Constant Tabor

|Democratic-Republican

|1808-1810

{{Party shading/Federalist}}

|4

|

|William Ennis

|Federalist

|1811-1816

{{Party shading/Democratic}}

|5

|

|Thomas G. Pitman

|Democrat

|1817-1838

{{Party shading/Whig}}

|6

|

|John Sterne

|Whig

|1839

{{Party shading/Law and Order}}

|7

|

|Stephen Cahoone

|Law and Order

|1840–1850

{{Party shading/Democratic}}

|8

|

|Edwin Wilbur

|Democrat

|1851–1853

{{Party shading/Whig}}

|10

|

|Samuel B. Vernon

|Whig

|1854

{{Party shading/Republican}}

|11

|

|Samuel A. Parker

|Republican

|1855–1865

{{Party shading/Republican}}

|12

|

|George W. Tew

|Republican

|1866–1867

{{Party shading/Republican}}

|13

|

|Samuel A. Parker

|Republican

|1868–1871

{{Party shading/Republican}}

|14

|

|Samuel Clark

|Republican

|1872–1886

{{Party shading/Democratic}}

|15

|

|John G. Perry

|Democrat

|1887

{{Party shading/Republican}}

|16

|

|Samuel Clark

|Republican

|1888–1889

{{Party shading/Democratic}}

|17

|

|John G. Perry

|Democrat

|1890

{{Party shading/Republican}}

|18

|

|Samuel Clark

|Republican

|1891–1897

{{Party shading/Republican}}

|19

|

|Clinton D. Skew

|Republican

|1898

{{Party shading/Republican}}

|20

|

|Walter A. Read

|Republican

|1898–1918

{{Party shading/Republican}}

|21

|

|Richard W. Jennings

|Republican

|1919–1922

{{Party shading/Republican}}

|22

|

|Adolphus C. Knowles

|Republican

|1923–1924

{{Party shading/Republican}}

|23

|

|Richard W. Jennings

|Republican

|1925–1926

{{Party shading/Republican}}

|24

|70px

|George C. Clark

|Republican

|1927–1932

{{Party shading/Democratic}}

|25

|

|Antonio Prince

|Democrat

|1933–1935

{{Party shading/Republican}}

|26

|

|Percival de St. Aubin

|Republican

|1936

{{Party shading/Democratic}}

|27

|

|Henry A. Roberge

|Democrat

|1937–1938

{{Party shading/Republican}}

|28

|

|Thomas P. Hazard

|Republican

|1939–1940

{{Party shading/Democratic}}

|29

|

|Russell H. Handy

|Democrat

|1941–1948

{{Party shading/Democratic}}

|30

|

|Raymond Hawksley

|Democrat

|1949–1976

{{Party shading/Democratic}}

|31

|

|Anthony J. Solomon

|Democrat

|1977–1984

{{Party shading/Democratic}}

|32

|

|Roger N. Begin

|Democrat

|1985–1988

{{Party shading/Democratic}}

|33

|

|Anthony J. Solomon

|Democrat

|1989–1992

{{Party shading/Republican}}

|34

|

|Nancy Mayer

|Republican

|1993–1999

{{Party shading/Democratic}}

|35

|

|Paul J. Tavares

|Democrat

|1999–2007

{{Party shading/Democratic}}

|36

|70px

|Frank T. Caprio

|Democrat

|2007–2011

{{Party shading/Democratic}}

|37

|70px

|Gina Raimondo

|Democrat

|2011–2015

{{Party shading/Democratic}}

|38

|70px

|Seth Magaziner

|Democrat

|2015–2023

{{Party shading/Democratic}}

|39

|70px

|James Diossa

|Democrat

|2023–present

See also

References

{{Reflist}}

{{U.S. State Treasurers}}

*

Category:Government of Rhode Island