Delaware Treasurer
| Delaware Treasurer | |
 | |
| General information | |
| Office Type: | Partisan |
| Office website: | Official Link |
| Compensation: | $127,177 |
| 2025 FY Budget: | $334,353,200 |
| Term limits: | None |
| Structure | |
| Length of term: | 4 years |
| Authority: | Delaware Constitution, Article III, Section 21 |
| Selection Method: | Elected |
| Current Officeholder(s) | |
Delaware Treasurer Colleen Davis | |
| Elections | |
| Next election: | 2026 |
| Last election: | 2022 |
| Other Delaware Executive Offices | |
| Governor•Lieutenant Governor•Secretary of State•Attorney General•Treasurer•Auditor•Secretary of Education•Agriculture Secretary•Insurance Commissioner•Natural Resources Secretary•Labor Secretary•Public Service Commission | |
TheTreasurer of the State of Delaware is the chief financial officer of the government ofDelaware. The treasurer's office is responsible for providing banking, accounting, and investment services to the state government.
Current officeholder
The current Delaware Treasurer isColleen Davis (D). Davis assumed office in 2019.
Authority
The office of treasurer is established inArticle III, Section 21 of thestate Constitution.
| The terms of the office of the Attorney General, the Insurance Commissioner, the Auditor of Accounts and the State Treasurer shall be four years. These officers shall be chosen by the qualified electors of the State at general elections, and be commissioned by the Governor. |
Qualifications
There are no particular qualifications for the office of treasurer.
Elections
PerArticle III, Section 10 of thestate constitution, treasurers are elected every four years during federal midterm elections (2014, 2018, 2022, etc.). Officeholders are sworn in during January of the year following the election.
Term limits
There are no term limits for the office of treasurer.
Election results
See also: Delaware Treasurer election, 2026
General election
The primary will occur on September 15, 2026. The general election will occur on November 3, 2026. General election candidates will be added here following the primary.
Democratic primary
Democratic primary for Delaware Treasurer
Michael A. Smith (D) is running in the Democratic primary for Delaware Treasurer on September 15, 2026.
Candidate | ||
 | Michael A. Smith | |
| There are noincumbents in this race. | |||
 = candidate completed theBallotpedia Candidate Connection survey. | ||||
| If you are a candidate and would like to tell readers and voters more about why they should vote for you,complete the Ballotpedia Candidate Connection Survey. | ||||
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See also: Delaware Treasurer election, 2022
General election
General election for Delaware Treasurer
IncumbentColleen Davis (D) defeatedGreg Coverdale (R) in the general election for Delaware Treasurer on November 8, 2022.
Candidate | % | Votes | ||
| ✔ |  | Colleen Davis (D) | 53.6 | 170,438 |
 | Greg Coverdale (R) | 46.4 | 147,307 | |
| Incumbents arebolded and underlined. The results have been certified. Source | Total votes: 317,745 | ||
| = candidate completed theBallotpedia Candidate Connection survey. | ||||
| If you are a candidate and would like to tell readers and voters more about why they should vote for you,complete the Ballotpedia Candidate Connection Survey. | ||||
Do you want a spreadsheet of this type of data?Contact our sales team. | ||||
Democratic primary
The Democratic primary scheduled for September 13, 2022, was canceled. IncumbentColleen Davis (D) advanced from the Democratic primary for Delaware Treasurer without appearing on the ballot.
Republican primary
The Republican primary scheduled for September 13, 2022, was canceled.Greg Coverdale (R) advanced from the Republican primary for Delaware Treasurer without appearing on the ballot.
General election
General election for Delaware Treasurer
Colleen Davis (D) defeated incumbentKen Simpler (R) andDavid Chandler (G) in the general election for Delaware Treasurer on November 6, 2018.
Candidate | % | Votes | ||
| ✔ | | Colleen Davis (D) | 52.4 | 187,240 |
 | Ken Simpler (R) | 45.9 | 164,001 | |
 | David Chandler (G) | 1.8 | 6,301 | |
| Incumbents arebolded and underlined. The results have been certified. Source | Total votes: 357,5420 | ||
| = candidate completed theBallotpedia Candidate Connection survey. | ||||
| If you are a candidate and would like to tell readers and voters more about why they should vote for you,complete the Ballotpedia Candidate Connection Survey. | ||||
Do you want a spreadsheet of this type of data?Contact our sales team. | ||||
Democratic primary
Democratic primary for Delaware Treasurer
Colleen Davis (D) advanced from the Democratic primary for Delaware Treasurer on September 6, 2018.
Candidate | ||
| ✔ | | Colleen Davis |
| There were noincumbents in this race. The results have been certified. Source | |||
| = candidate completed theBallotpedia Candidate Connection survey. | ||||
| If you are a candidate and would like to tell readers and voters more about why they should vote for you,complete the Ballotpedia Candidate Connection Survey. | ||||
Do you want a spreadsheet of this type of data?Contact our sales team. | ||||
Republican primary
Republican primary for Delaware Treasurer
IncumbentKen Simpler (R) advanced from the Republican primary for Delaware Treasurer on September 6, 2018.
Candidate | ||
| ✔ | | Ken Simpler |
| Incumbents arebolded and underlined. The results have been certified. Source | |||
| = candidate completed theBallotpedia Candidate Connection survey. | ||||
| If you are a candidate and would like to tell readers and voters more about why they should vote for you,complete the Ballotpedia Candidate Connection Survey. | ||||
Do you want a spreadsheet of this type of data?Contact our sales team. | ||||
Vacancies
If a vacancy occurs in the office of treasurer, thegovernor appoints a replacement to serve until the next election. Details of vacancy appointments are laid out inArticle III, Section 9 of theDelaware Constitution.
Duties
As of January 14, 2021, the stated goal of the Treasurer's Office was:[1]
| “ | We provide state agencies with efficient banking and financial services, including payment issuance, reconciliation, and fund management. We also manage state investments focusing on safety, liquidity and yield. Our office also manages State agencies’ merchant services accounts, state employees’ deferred compensation plan, Delaware’s 529 College Savings program, and DEPENDABLE, Delaware’s ABLE account. Our professional staff proudly serves Delaware’s citizens, employees, and state agencies through the work of our three divisions.[2] | ” |
Divisions
As of January 14, 2021, divisions within the Treasurer's Office included:[1]
- Banking Services
- Operations and Funds Management
- Contributions and Plan Management
State budget
- See also:Delaware state budget and finances
The budget for the State Treasurer's Office in the Fiscal Year 2025 was $334,353,200.[3]
Compensation
The salaries of Delaware's elected state executives are determined by state law as mandated by theDelaware Constitution.Article III of the state constitution requires that salary changes not take effect until after the current terms of affected offices.
TheDelaware State Legislature created the Delaware Compensation Commission in 1984 to determine state executive salaries. This commission consists of six members including two appointees by thegovernor, one appointee each by the Speaker of the House and the President Pro Tempore of theDelaware State Senate, the current chair of the Delaware Business Roundtable and the director of the state Office of Management and Budget. Commissioners meet every four years to make salary recommendations, which are implemented unless theDelaware State Legislature rejects the entirety of the report. From 1985 to 2013, the commission's report was only rejected once by legislators, who submitted their own salary increases for executives officials in 1993.[4]
2023
In 2023, the officer's salary was $127,177, according to theCouncil of State Governments.[5]
2022
In 2022, the officer's salary was $122,285, according to theCouncil of State Governments.[6]
2021
In 2021, the treasurer received a salary of $117,582, according to theCouncil of State Governments.[7]
2020
In 2020, the treasurer received a salary of $117,582 according to theCouncil of State Governments.[8]
2019
In 2019, the treasurer received a salary of $116,582 according to theCouncil of State Governments.[9]
2018
In 2018, the treasurer received a salary of $113,874 according to theCouncil of State Governments.[10]
2017
In 2017, the treasurer received a salary of $113,874 according to theCouncil of State Governments.[11]
2016
In 2016, the treasurer received a salary of $113,874 according to theCouncil of State Governments.[12]
2015
In 2015, the treasurer received a salary of $113,874 according to theCouncil of State Governments.[13]
2014
In 2014, the treasurer was paid an estimated$113,374 according to theCouncil of State Governments.[14]
2013
In 2013, the treasurer was paid an estimated$113,374 according to theCouncil of State Governments.
2012
In 2012, the treasurer was paid an estimated$112,250 according to theCouncil of State Governments.
2010
In 2010, the treasurer was paid an estimated$107,300 according to theCouncil of State Governments.[15]
Historical officeholders
Note:Ballotpedia's state executive officials project researches state official websites for chronological lists of historical officeholders; information for the Delaware 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, pleaseemail us.
Contact information
Address:
Delaware State Treasurer's Office
820 Silver Lake Boulevard, Suite 100
Dover, DE 19904
Phone: 302-672-6700
Fax: 302-739-2274
See also
External links
Footnotes
- ↑1.01.1Delaware State Treasurer, "Our Divisions," accessed January 14, 2021
- ↑Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
- ↑Delaware General Assembly, "House Bill 195," accessed December 6, 2023
- ↑Delaware Compensation Commission, "2018 Total Compensation Study," January 14, 2021
- ↑Council of State Governments, "Book of the States 2023 Table 4.11: Selected State Administrative Officials: Annual Salaries," accessed January 15, 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 22, 2022
- ↑Council of State Governments, "The Book of the States 2020," accessed January 14, 2021
- ↑Council of State Governments, "The Book of the States 2019," accessed January 14, 2021
- ↑Council of State Governments, "The Book of the States 2018," accessed January 14, 2021
- ↑Council of State Governments, "The Book of the States 2017," accessed January 14, 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 November 14, 2014
- ↑The Council of State Governments, "Book of the States 2010 -- Table 4.11," accessed August 10, 2011
