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
Democratic Party
Assumed office: January 3, 2023

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

## Contents

* 1 Current officeholder
* 2 Authority
* 3 Qualifications
* 4 Vacancies
* 5 Elections
* 5.1 Term limits
* 5.2 2022
* 5.3 2018
* 5.4 Full history
* 5.4.1 2014
* 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
* 10 Historical officeholders
* 11 Recent news
* 12 Contact information
* 13 See also
* 14 External links
* 15 Footnotes

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[edit]

The current Rhode Island General Treasurer is James Diossa (D). Diossa assumed office in 2023.

## Authority[edit]

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[edit]

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[edit]

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[edit]

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[edit]

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[edit]

See also: Rhode Island Treasurer election, 2022

#### General election

##### General election for Rhode Island General Treasurer

James Diossa defeated James Lathrop in the general election for Rhode Island General Treasurer on November 8, 2022.

Candidate

Votes

|
|
|

| James Diossa (D) |

54.3

| 190,775

Submit photo

| James Lathrop (R) |

45.5

| 159,834
|  | Other/Write-in votes|

0.2

| 555

* * *

There were no incumbents in this race. The results have been certified. Source

| Total votes: 351,164

|
|

= candidate completed the Ballotpedia Candidate Connection survey.
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#### Democratic primary election

#####  Democratic primary for Rhode Island General Treasurer

James Diossa defeated Stefan Pryor in the Democratic primary for Rhode Island General Treasurer on September 13, 2022.

Candidate

Votes

|
|
|

| James Diossa|

55.6

| 58,335

| Stefan Pryor|

44.4

| 46,675

* * *

There were no incumbents in this race. The results have been certified. Source

| Total votes: 105,010

|
|

= candidate completed the Ballotpedia Candidate Connection survey.
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#### Republican primary election

#####  Republican primary for Rhode Island General Treasurer

James Lathrop advanced from the Republican primary for Rhode Island General Treasurer on September 13, 2022.

Candidate

Votes

|
|
|

Submit photo

| James Lathrop|

100.0

| 18,477

* * *

There were no incumbents in this race. The results have been certified. Source

| Total votes: 18,477

|
|

= candidate completed the Ballotpedia Candidate Connection survey.
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### 2018[edit]

See also: Rhode Island Treasurer election, 2018

#### General election

##### General election for Rhode Island General Treasurer

Incumbent Seth Magaziner defeated Michael Riley in the general election for Rhode Island General Treasurer on November 6, 2018.

Candidate

Votes

|
|
|

| Seth Magaziner (D) |

64.9

| 237,575

Submit photo

| Michael Riley (R) |

35.0

| 127,944
|  | Other/Write-in votes|

0.1

| 539

* * *

Incumbents are bolded and underlined. The results have been certified. Source

| Total votes: 366,058
(100.00% precincts reporting)

|
|

= candidate completed the Ballotpedia Candidate Connection survey.
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#### Democratic primary election

#####  Democratic primary for Rhode Island General Treasurer

Incumbent Seth Magaziner advanced from the Democratic primary for Rhode Island General Treasurer on September 12, 2018.

Candidate

Votes

|
|
|

| Seth Magaziner|

100.0

| 94,494

* * *

Incumbents are bolded and underlined. The results have been certified.

| Total votes: 94,494

|
|

= candidate completed the Ballotpedia Candidate Connection survey.
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#### Republican primary election

#####  Republican primary for Rhode Island General Treasurer

Michael Riley advanced from the Republican primary for Rhode Island General Treasurer on September 12, 2018.

Candidate

Votes

|
|
|

Submit photo

| Michael Riley|

100.0

| 25,694

* * *

There were no incumbents in this race. The results have been certified.

| Total votes: 25,694

|
|

= candidate completed the Ballotpedia Candidate Connection survey.
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### Full history[edit]

#### 2014[edit]

See also: Rhode Island down ballot state executive elections, 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.

|

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.

| Rhode Island General Treasurer, 2010

Party | Candidate | Vote % | Votes
| Democratic  | Gina M. Raimondo | 62.1% | 201,625
| Republican  |  Kernan F. King  | 37.9% | 122,860
Total Votes | 324,485
Election results via Rhode Island Board of Elections.

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.

Rhode Island General Treasurer, 2006

Party | Candidate | Vote % | Votes
| Democratic  | Frank T. Caprio | 73.4% | 272,002
| Republican  |  Andrew M. Lyon, III  | 26.6% | 98,818
Total Votes | 370,820
Election results via Rhode Island Board of Elections.

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.

Rhode Island General Treasurer, 2002

Party | Candidate | Vote % | Votes
| Democratic  | Paul J. Tavares Incumbent | 72% | 230,306
| Republican  |  Andrew M. Lyon, III  | 28% | 89,457
Total Votes | 319,763
Election results via Rhode Island Board of Elections.

## Duties[edit]

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[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 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[edit]

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[edit]

See also: Compensation of state executive officers

### 2023[edit]

In 2023, the officer's salary was $137,510, according to the Council of State Governments.[6]

### 2022[edit]

In 2022, the officer's salary was $122,740, according to the Council of State Governments.[7]

### 2021[edit]

In 2021, the treasurer received a salary of $117,637, according to the Council of State Governments.[8]

### 2020[edit]

In 2020, the treasurer received a salary of $122,740 according to the Council of State Governments.[9]

### 2019[edit]

In 2019, the treasurer received a salary of $122,740 according to the Council of State Governments.[10]

### 2018[edit]

In 2018, the treasurer received a salary of $117,637 according to the Council of State Governments.[11]

### 2017[edit]

In 2017, the treasurer received a salary of $117,637 according to the Council of State Governments.[12]

### 2016[edit]

In 2016, the treasurer received a salary of $117,637, according to the Council of State Governments.[13]

### 2015[edit]

In 2015, the treasurer received a salary of $108,808, according to the Council of State Governments.[14]

### 2014[edit]

In 2014, the treasurer was paid an estimated $108,808, according to the Council of State Governments.[15]

### 2013[edit]

In 2013, the treasurer was paid an estimated $108,808, 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 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[edit]

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.

Rhode Island General Treasurer - Google News

## Contact information[edit]

Treasury Office
82 Smith Street, Room 102
Providence, RI 02903

Phone: (401) 222-2397
Fax: (401) 222-6140

## See also[edit]

Rhode Island | State Executive Elections | News and Analysis

|
|

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[edit]

| Suggest a link

|

* Rhode Island Office of the General Treasurer

## Footnotes[edit]

1. ↑ 1.0 1.1 State of Rhode Island, "Chapter 42-10, Treasury Department," accessed January 27, 2021
2. ↑ 2.0 2.1 2.2 2.3 State of Rhode Island, "Rhode Island State Constitution," accessed January 27, 2021
3. ↑ Rhode Island Secretary of State, "Are You Eligible?" accessed January 27, 2021
4. ↑ Rhode Island Treasury, "About the Office," accessed January 27, 2021
5. ↑ Rhode Island Legislature, "2024 -- H 7225 Substitute A as Amended," accessed January 22, 2025
6. ↑ Council of State Governments, "Book of the States 2023 Table 4.11: Selected State Administrative Officials: Annual Salaries," accessed January 21, 2025
7. ↑ Council of State Governments, "Book of the States 2022 Table 4.11: Selected State Administrative Officials: Annual Salaries," provided to Ballotpedia by CSG personnel
8. ↑ Issuu, "The Book of the States 2021," accessed September 28, 2022
9. ↑ Council of State Governments, "The Book of the States 2020," accessed January 5, 2021
10. ↑ Council of State Governments, "The Book of the States 2019," accessed January 5, 2021
11. ↑ Council of State Governments, "The Book of the States 2018," accessed January 5, 2021
12. ↑ Council of State Governments, "The Book of the States 2017," accessed January 5, 2021
13. ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2016," accessed August 27, 2016
14. ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2015," accessed August 27, 2016
15. ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries," accessed December 8, 2014
16. ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries," January 29, 2014

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