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New Hampshire Treasurer

From Ballotpedia
New Hampshire Treasurer

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General information
Office Type:  Nonpartisan
Office website:  Official Link
Compensation:  $126,144
2025 FY Budget:  $116,610,494
Term limits:  None
Structure
Length of term:   2 years
Authority:  New Hampshire Constitution, Article 67
Selection Method:  Elected byNew Hampshire State Legislature
Current Officeholder(s)

New Hampshire Treasurer Monica Mezzapelle
Nonpartisan
Assumed office: March 25, 2020

Other New Hampshire Executive Offices
GovernorSecretary of StateAttorney GeneralTreasurerCommissioner of EducationAgriculture CommissionerInsurance CommissionerLabor CommissionerDirector of Fish & GamePublic Utilities Commission


TheNew Hampshire Treasurer is a state executive position in the New Hampshire state government.

The treasurer is responsible for investing and managing the state's finances as well as banking relationships, debt management and trust fund management.[1]

Current officeholder

The current New Hampshire Treasurer isMonica Mezzapelle (nonpartisan). Mezzapelle assumed office in 2020.

Authority

Thestate Constitution addresses the office of treasurer inArticle 67, Secretary, Treasurer, Etc..

Under Article 67:

The secretary and treasurer shall be chosen by joint ballot of the senators and representatives assembled in one room.[2]

Qualifications

There are no specific qualifications for this office.[2]

Appointments

As with other state executive officers, in accordance with theNew Hampshire Constitution, the treasurer forNew Hampshire is elected by a joint session of both houses of the State Legislature. There is no term limit imposed on this statewide position.[2]

Vacancies

Title 1, Chapter 6 of the New Hampshire Statutes establishes how vacancies in the office are filled.[3]

"6:20 Commissioner During Vacancy in Office. – Upon the death, resignation, or removal of the treasurer, the governor, with the advice of the council, shall appoint some suitable person as commissioner, to take charge of the money, books, electronic records, and papers in the office, and to perform all the duties of treasurer until a treasurer is elected and qualified. Before entering upon the discharge of the duties of the treasurer, the commissioner shall give bond as provided for the treasurer in RSA 6:3."

Duties

The treasurer provides to the "state government, its agencies, the legislature and its citizens, professional financial management services. The New Hampshire State Treasury will optimize the use of state financial assets while protecting those assets through the employment of appropriate technology, modern and efficient banking practices, a commitment to prudent management of public funds and a professional staff."[4]

The treasury is responsible for a variety of financial management activities including:[4]

  • Cash management (managing and investing the State's funds and trust accounts)
  • Debt management (issuing general obligation and revenue bonds for capital projects and administering related debt service payments)
  • Unclaimed or abandoned property: The Treasury is responsible for acquiring and returning unclaimed property to its rightful owners.
  • Treasury's Annual Report: specific information relating to receipts, disbursements and debt payments for all of the State's fund accounts.

Division

As of February 2, 2021, the Department of Treasury is divided into two main divisions:

  • Treasury Operations
  • Abandoned Property[5]

State budget

See also:New Hampshire state budget and finances

The budget for the New Hampshire State Treasury in Fiscal Year 2025 was $116,610,494.[6]

Compensation

See also:Compensation of state executive officers

2023

In 2023, the officer's salary was $126,144, according to theCouncil of State Governments.[7]

2022

In 2022, the officer's salary was $119,017, according to theCouncil of State Governments.[8]

2021

In 2021, the treasurer received a salary of $82,456, according to theCouncil of State Governments.[9]

2020

In 2020, the treasurer received a salary of $105,930, according to theCouncil of State Governments.[10]

2019

In 2019, the treasurer received a salary of $105,930, according to theCouncil of State Governments.[11]

2018

In 2018, the treasurer received a salary of $105,930, according to theCouncil of State Governments.[12]

2017

In 2017, the treasurer received a salary of $105,930, according to theCouncil of State Governments.[13]

2016

In 2016, the treasurer received a salary of $105,930, according to theCouncil of State Governments.[14]

2015

In 2015, the treasurer received a salary of $105,930, according to theCouncil of State Governments.[15]

2014

In 2014, the treasurer received a salary of$105,930, according to theCouncil of State Governments.[16]

2013

In 2013, the treasurer received a salary of$104,364, according to theCouncil of State Governments.[17]

Historical officeholders

The following table lists historical treasurers.[18]

#NameTook officeLeft office
1Richard Martin16801684
2Samuel Penhallow16841692
3William Partridge16921695
4George Jaffrey16951696
5Joseph Smith16961696
6William Vaughan16961698
7Joseph Smith16981699
8Samuel Penhallow16991726
9George Jaffrey17261730
10Henry Sherburne17301742
11George Jaffrey17421749
12George Jaffrey17491776
13Nicholas Gilman17761783
14John T. Gilman17831789
15William Gardner17891791
16John T. Gilman17911794
17Oliver Peabody17941804
18Nathaniel Gilman18041809
19Thomas W. Thompson18091810
20Nathaniel Gilman18101814
21William Kent18141816
22William Pickering18161828
23Samuel Morrill18281829
24William Pickering18291830
25Abner B. Kelly18301837
26Zenas Clement18371843
27John Atwood18431846
28James Peverly, Jr.18461847
29John Atwood18471850
30Edson Hill18501853
31Walter Harriman18531855
32William Berry18551857
33Peter Sanborn18571871
34Leander W. Cogswell18711872
35Solon A. Carter18721874
36Josiah G. Dearborn18741875
37Solon A. Carter18751913
38George E. Farrand19131914
39J. Wesley Plummer19141923
40George E. Farrand19231925
41Henry E. Chamberlin19251929
42Charles T. Patten19291931
43Charles T. Patten19311936
44F. Gordon Kimball19361950
45Remick Laighton19501951
46Winfield J. Phillips19511952
47Alfred S. Cloues19531964
48Robert W. Flanders19641984
49Martha M. Custer19841984
50Georgie A. Thomas19842002
51Michael A. Ablowich20022006
52Catherine Provencher20072014
53William Dwyer20142020
54Monica Mezzapelle2020Present

Recent news

The link below is to the most recent stories in a Google news search for the termsNew Hampshire State Treasurer. These results are automatically generated from Google. Ballotpedia does not curate or endorse these articles.

Contact information

State of New Hampshire Treasury
25 Capitol Street, Room 121
Concord, NH 03301
Telephone: (603) 271-2621
Fax: (603) 271-3922
Email:treasury@treasury.state.nh.us

See also

New HampshireState Executive ElectionsNews and Analysis
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New Hampshire State Executive Offices
New Hampshire State Legislature
New Hampshire Courts
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New Hampshire elections:20262025202420232022202120202019201820172016
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State of the state addresses
Partisan composition of governors

External links

Footnotes

  1. New Hampshire Treasurer, "About us," accessed February 2, 2021
  2. 2.02.12.2NH At-a-Glance, "New Hampshire Constitution," accessed February 2, 2021
  3. New Hampshire General Court, "Section 6:20," accessed February 2, 2021
  4. 4.04.1New Hampshire Treasurer, "About us," accessed February 2, 2021
  5. New Hampshire Department of Administrative Services, "Agency Budget Submission 2022-2023," accessed February 1, 2021
  6. New Hampshire Legislature, "HB 1-A Final Version," accessed December 6, 2023
  7. Council of State Governments, "Book of the States 2023 Table 4.11: Selected State Administrative Officials: Annual Salaries," accessed January 21, 2025
  8. Council of State Governments, "Book of the States 2022 Table 4.11: Selected State Administrative Officials: Annual Salaries," provided to Ballotpedia by CSG personnel
  9. Issuu, "The Book of the States 2021," accessed September 22, 2022
  10. Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2020," accessed January 26, 2021
  11. Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2019," accessed January 26, 2021
  12. Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2018," accessed January 26, 2021
  13. Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2017," accessed January 26, 2021
  14. Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2016," accessed August 27, 2016
  15. Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2015," accessed August 27, 2016
  16. Council of State Governments, "Selected State Administrative Officials: Annual Salaries," accessed December 3, 2014
  17. Council of State Governments, "Table 4.11 Selected State Administrative Officials: Annual Salaries," accessed January 31, 2014
  18. New Hampshire State Treasurer, "State Treasurer History," accessed February 2, 2021
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