Maine Treasurer

General information
Office Type: | Nonpartisan
Office website: | Official Link
Compensation: | $109,325
2025 FY Budget: | $375,840,825
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 Joseph Perry
Nonpartisan
Assumed office: January 6, 2025

Other Maine Executive Offices
Governor • Secretary of State • Attorney General • Treasurer • Auditor • Commissioner of Education • Agriculture, Conservation and Forestry Commissioner • Superintendent of Insurance • Labor Commissioner • Public Utilities Commission

## Contents

* 1 Current officeholder
* 2 Authority
* 3 Qualifications
* 4 Appointments
* 4.1 Term limits
* 5 Vacancies
* 6 Duties
* 7 Divisions
* 8 State budget
* 9 Compensation
* 9.1 2023
* 9.2 2022
* 9.3 2021
* 9.4 2020
* 9.5 2019
* 9.6 2018
* 9.7 2017
* 9.8 2016
* 9.9 2015
* 9.10 2014
* 9.11 2013
* 9.12 2012
* 10 Historical officeholders
* 11 Recent news
* 12 Contact information
* 13 See also
* 14 External links
* 15 Footnotes

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[edit]

The current Maine Treasurer is Joseph Perry (nonpartisan). Perry assumed office in 2025. On December 3, 2024, the Maine State Legislature elected Perry to succeed Henry Beck as treasurer of Maine.[2]

## Authority[edit]

The state Constitution addresses the office of the treasurer in Article V, Part III, the Executive Department.[3]

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[edit]

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[edit]

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[edit]

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.[3]

## Vacancies[edit]

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.[3]

## Duties[edit]

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[edit]

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[edit]

See also: Maine state budget and finances

The Office of Treasurer of State's budget for fiscal year 2025 was $375,840,825.[4]

## Compensation[edit]

See also: Compensation of state executive officers

### 2023[edit]

In 2023, the officer's salary was $109,325, according to the Council of State Governments.[5]

### 2022[edit]

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

### 2021[edit]

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

### 2020[edit]

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

### 2019[edit]

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

### 2018[edit]

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

### 2017[edit]

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

### 2016[edit]

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

### 2015[edit]

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

### 2014[edit]

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

### 2013[edit]

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

### 2012[edit]

In 2012, the treasurer was paid an estimated $69,264, according to the Council of State Governments.[16]

## Historical officeholders[edit]

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[edit]

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.

Maine Treasurer - Google News

## Contact information[edit]

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[edit]

* Maine state executive offices
* Maine state executive officials

## External links[edit]

| Suggest a link

|

* Office of the Maine State Treasurer

## Footnotes[edit]

1. ↑ 1.0 1.1 Maine State Treasurer, "About Us," accessed January 20, 2021
2. ↑ Maine Morning Star, "Two contested races for Maine’s constitutional officers to be decided this week," December 4, 2024
3. ↑ 3.0 3.1 3.2 Maine State Legislature, "Constitution of the State of Maine," accessed January 20, 2021
4. ↑ Maine Legislature, "2024-2025 Biennium," accessed January 17, 2025
5. ↑ Council of State Governments, "Book of the States 2023 Table 4.11: Selected State Administrative Officials: Annual Salaries," accessed January 15, 2025
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

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