Maine Treasurer

From Ballotpedia
Jump to: navigation, search
Maine Treasurer

Seal of Maine.png

General information
Office Type:  Nonpartisan
Office website:  Official Link
Compensation:  $101,130
2023 FY Budget:  $351,556,332
Term limits:  Four two-year terms
Structure
Length of term:   Two years
Authority:  Maine Constitution, Article V, Part III, Section I
Selection Method:  Elected biennially by secret ballot of the legislature
Current Officeholder

Maine Treasurer Henry Beck
Nonpartisan
Assumed office: 2019-01-02

Other Maine Executive Offices
GovernorSecretary of StateAttorney GeneralTreasurerAuditorCommissioner of EducationAgriculture, Conservation and Forestry CommissionerSuperintendent of InsuranceLabor CommissionerPublic Utilities Commission


The Maine State Treasurer is a constitutionally established state executive position in the Maine state government. The office is in charge of recording, collecting and investing all state money. Main duties include debt management, cash management, trust fund administration, and unclaimed property administration.[1]

Current officeholder

The current officeholder is Henry Beck.[2] On December 6, 2018, the Maine State Legislature elected Beck to succeed Teresea Hayes (I) as treasurer of Maine.[3]

Authority

The state Constitution addresses the office of the treasurer in Article V, Part III, the Executive Department.[4]

Under Article V, Part III, Section I:

The Treasurer shall be chosen biennially, at the first session of the Legislature, by joint ballot of the Senators, and Representatives in convention.

Qualifications

Note: Ballotpedia's state executive officials project researches the constitutional or statutory text that establishes the requirements necessary to qualify for a state executive office. That information for the Maine 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.

Appointments

Maine state government organizational chart

The Maine State Treasurer is elected biennially by secret ballot of the legislature. It is one of the first tasks of each newly-sworn in legislature.[1]

Term limits

See also: State executives with term limits
See also: Maine Repeal Treasurer Term Limit, Proposed Constitutional Amendment No. 1 (1951)

The treasurer is limited to four two-year terms.[4]

Vacancies

Vacancies are addressed under Article V, Part III, Section 1-A. If a vacancy occurs the deputy treasurer fills the role until a new treasurer can be elected by the legislature.[4]

Duties

Note: Ballotpedia's state executive officials project researches the constitutional or statutory text that outlines the key responsibilities of a state executive office; information for the Maine 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.

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 Maine 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: Maine state budget and finances

The Office of Treasurer of State's budget for fiscal year 2023 was $351,556,332.[5]

Compensation

See also: Compensation of state executive officers

2022

In 2022, the officer's salary was $101,130, according to the Council of State Governments.[6]

2021

In 2021, the treasurer received a salary of $94,577, according to the Council of State Governments.[7]

2020

In 2020, the treasurer received a salary of $79,518, according to the Council of State Governments.[8]

2019

In 2019, the treasurer received a salary of $79,518, according to the Council of State Governments.[9]

2018

In 2018, the treasurer received a salary of $89,149, according to the Council of State Governments.[10]

2017

In 2017, the treasurer received a salary of $82,534, according to the Council of State Governments.[11]

2016

In 2016, the treasurer received a salary of $79,419, according to the Council of State Governments.[12]

2015

In 2015, the treasurer received a salary of $70,658, according to the Council of State Governments.[13]

2014

In 2014, the treasurer was paid an estimated $69,264, according to the Council of State Governments.[14]

2013

In 2013, the treasurer was paid an estimated $69,264, according to the Council of State Governments.[15]

2012

In 2012, the treasurer was paid an estimated $69,264, 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 Maine 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 Maine State Treasurer. These results are automatically generated from Google. Ballotpedia does not curate or endorse these articles.

Contact information

Mailing address:
39 State House Station
Burton M. Cross Office Building, 3rd floor
111 Sewall Street
Augusta, Maine 04333-0039
Phone: 207-624-7477
Fax: 207-287-2367
Email: state.treasurer@maine.gov

See also

External links

Footnotes

  1. 1.0 1.1 Maine State Treasurer, "About Us," accessed January 20, 2021
  2. Maine Office of the State Treasurer, "Treasurer's Biography," accessed January 20, 2021
  3. Central Maine, "Democrats assume control of Maine Legislature, select leaders and top state officers," December 6, 2018
  4. 4.0 4.1 4.2 Maine State Legislature, "Constitution of the State of Maine," accessed January 20, 2021
  5. Maine Legislature, "2022-2023," accessed October 14, 2022
  6. Council of State Governments, "Book of the States 2022 Table 4.11: Selected State Administrative Officials: Annual Salaries," provided to Ballotpedia by CSG personnel
  7. Issuu, "The Book of the States 2021," accessed September 22, 2022
  8. Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2020," accessed January 20, 2021
  9. Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2019," accessed January 20, 2021
  10. Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2018," accessed January 20, 2021
  11. Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2017," accessed January 20, 2021
  12. Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2016," accessed January 20, 2021
  13. Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2015," accessed January 20, 2021
  14. Council of State Governments, "Selected State Administrative Officials: Annual Salaries," accessed January 20, 2021
  15. Council of State Governments, "Table 4.11 Selected state administrative officials: Annual Salaries," accessed January 20, 2021
  16. Council of State Governments, "Table 4.11 Selected state administrative officials: Annual Salaries," accessed January 20, 2021