Mississippi Treasurer

Mississippi Treasurer
General information
Office Type:	Partisan
Office website:	Official Link
Compensation:	$90,000
2024 FY Budget:	$6,280,736
Term limits:	None
Structure
Length of term:	4 years
Authority:	Mississippi Constitution, Article V, Section 134
Selection Method:	Elected
Current Officeholder
Mississippi Treasurer David McRae Republican Party Assumed office: 2020-01-09
Elections
Next election:	November 2, 2027
Last election:	November 7, 2023
Other Mississippi Executive Offices
Governor • Lieutenant Governor • Secretary of State • Attorney General • Treasurer • Auditor • Superintendent of Education • Agriculture Commissioner • Insurance Commissioner • Executive Director of Environmental Quality • Executive Director of Employment Security • Public Service Commission • Transportation Commission

The Treasurer of the State of Mississippi is the chief financial officer of the government of Mississippi.

The treasurer is responsible for maintaining the state funds by investing and maintaining the state budget. The department's main purpose is to invest state funds, disburse funds for local bonds and taxes as needed, ensure records are kept of all money transactions, distribute unclaimed property as needed, and make payments for the state as needed.^[1]

The treasurer is elected every four years.

Current officeholder

The current treasurer of Mississippi is Republican David McRae. McRae was first elected on November 5, 2019, and sworn in on January 9, 2020.^[2]

Authority

The treasurer's powers and duties are established by Article V, Section 134 of the Mississippi Constitution.^[3]

Article V, Section 134:

Qualifications

Article 5, Section 133 of the Mississippi Constitution outline the qualifications for secretary of state, which also apply for treasurer:^[3]

• at least 25 years old
• a resident of Mississippi for at least the five years before the day of their election^[4]

Elections

Mississippi state government organizational chart

Mississippi elects treasurers to four-year terms during gubernatorial election years. For Mississippi, 2015, 2019, 2023, and 2027 are all treasurer election years.

Results

2023

See also: Mississippi Treasurer election, 2023

General election

General election for Mississippi Treasurer

Incumbent David McRae defeated Addie Lee Green in the general election for Mississippi Treasurer on November 7, 2023.

		Candidate	%	Votes
✔		David McRae (R)	58.4	472,705
		Addie Lee Green (D)	41.6	337,008

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	Incumbents are bolded and underlined. The results have been certified. Source	Total votes: 809,713
= candidate completed the Ballotpedia Candidate Connection survey.
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Democratic primary election

Democratic primary for Mississippi Treasurer

Addie Lee Green advanced from the Democratic primary for Mississippi Treasurer on August 8, 2023.

		Candidate	%	Votes
✔		Addie Lee Green	100.0	184,194

---

	There were no incumbents in this race. The results have been certified. Source 1 Source 2 Source 3	Total votes: 184,194
= candidate completed the Ballotpedia Candidate Connection survey.
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Republican primary election

Republican primary for Mississippi Treasurer

Incumbent David McRae advanced from the Republican primary for Mississippi Treasurer on August 8, 2023.

		Candidate	%	Votes
✔		David McRae	100.0	349,800

---

	Incumbents are bolded and underlined. The results have been certified. Source	Total votes: 349,800
= candidate completed the Ballotpedia Candidate Connection survey.
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2019

See also: Mississippi Treasurer election, 2019

General election

General election for Mississippi Treasurer

David McRae defeated Addie Lee Green in the general election for Mississippi Treasurer on November 5, 2019.

		Candidate	%	Votes
✔		David McRae (R)	60.8	528,899
		Addie Lee Green (D)	39.2	340,962

---

	There were no incumbents in this race. The results have been certified. Source	Total votes: 869,861
= candidate completed the Ballotpedia Candidate Connection survey.
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Democratic primary election

Democratic primary for Mississippi Treasurer

Addie Lee Green advanced from the Democratic primary for Mississippi Treasurer on August 6, 2019.

		Candidate	%	Votes
✔		Addie Lee Green	100.0	251,591

---

	There were no incumbents in this race. The results have been certified. Source 1 Source 2 Source 3	Total votes: 251,591
= candidate completed the Ballotpedia Candidate Connection survey.
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Do you want a spreadsheet of this type of data? Contact our sales team.

Republican primary election

Republican primary for Mississippi Treasurer

David McRae defeated Eugene Clarke in the Republican primary for Mississippi Treasurer on August 6, 2019.

		Candidate	%	Votes
✔		David McRae	61.5	222,610
		Eugene Clarke	38.5	139,345

---

	There were no incumbents in this race. The results have been certified. Source 1 Source 2 Source 3	Total votes: 361,955
= candidate completed the Ballotpedia Candidate Connection survey.
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2015

See also: Mississippi Treasurer election, 2015

There was a regularly scheduled election for treasurer in 2015. Lynn Fitch (R) was eligible for re-election. The primary election was scheduled for August 4, 2015, with the general election on November 3, 2015.

Full history

To view the electoral history dating back to 2003 for the office of Mississippi State Treasurer, click [show] to expand the section.

2011 On November 8, 2011, Lynn Fitch won election to the office of Mississippi State Treasurer. She defeated Connie Moran (Democrat) and Shawn O'Hara (Reform) in the general election. Mississippi State Treasurer, 2011 Party Candidate Vote % Votes      Republican Lynn Fitch 58.8% 513,132      Democratic Connie Moran 38.2% 333,267      Reform Shawn O'Hara 3% 26,421 Total Votes 872,820 Election results via Mississippi Secretary of State. 2007 On November 6, 2007, Tate Reeves won re-election to the office of Mississippi State Treasurer. He defeated Shawn O'Hara (Democrat) in the general election. Mississippi State Treasurer, 2007 Party Candidate Vote % Votes      Republican Tate Reeves Incumbent 60.5% 436,833      Democratic Shawn O'Hara 39.5% 284,789 Total Votes 721,622 Election results via Mississippi Secretary of State. 2003 On November 4, 2003, Tate Reeves won election to the office of Mississippi State Treasurer. He defeated Gary Anderson (Democrat) and Lee Dilworth (Reform) in the general election. Mississippi State Treasurer, 2003 Party Candidate Vote % Votes      Republican Tate Reeves 51.8% 447,860      Democratic Gary Anderson 46.6% 403,307      Reform Lee Dilworth 1.6% 13,507 Total Votes 864,674 Election results via Mississippi Secretary of State.

Vacancies

Note: Ballotpedia's state executive officials project researches the constitutional or statutory text that details the process of filling vacancies for a state executive office. That information for the Mississippi 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.

Duties

The duties of the treasurer are detailed in the Mississippi Code and listed on the treasurer's website and are as follows:^[1]

• Pay the state’s bills on time to maintain a good credit rating
• Receive, protect, disburse, and invest the state’s funds
• Return unclaimed property to its rightful owner
• Distribute tax revenues to counties, cities, and other taxing districts of the state
• Invest and account for the state’s investment funds, trust funds, and bond proceeds
• Issue state bonds for state and local projects, helping keep communities strong
• Administer College Savings Mississippi, which enables thousands of Mississippi families to invest in college savings plans
• Advise state agencies on good financial practices
• Keep taxpayers updated on the state’s finances through the semi-annual Generally Accepted Accounting Principles (GAAP) report
• Serve as Treasurer to the Mississippi Employment Security Commission
• Serve on more more than a dozen boards, including Mississippi Windstorm Underwriting Association Board, Mississippi Guaranty Pool Board, State Bond Commission, Public Employees Retirement Board, Mississippi Business Finance Corporation, Development Bank Board, License Tag Commission, Tort Claims Board, Economic Development Strategic Planning Task Force, State Prison Emergency and Management Board, Private Nonprofit Institutions of Higher Learning (MEFA), the Historic Properties Trust Fund Advisory Committee, and Chairman of the College Savings Plan of Mississippi Board

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 Mississippi 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: Mississippi state budget and finances

The Office of State Treasurer's budget for fiscal year 2024 was $6,280,736.^[5]

Compensation

See also: Compensation of state executive officers

2022

In 2022, the officer's salary was $90,000, according to the Council of State Governments.^[6]

2021

In 2021, the treasurer received a salary of $90,000, according to the Council of State Governments.^[7]

2020

In 2020, the treasurer received a salary of $90,000, according to the Council of State Governments.^[8]

2019

In 2019, the treasurer received a salary of $90,000, according to the Council of State Governments.^[9]

2018

In 2018, the treasurer received a salary of $90,000, according to the Council of State Governments.^[10]

2017

In 2017, the treasurer received a salary of $90,000, according to the Council of State Governments.^[11]

2016

In 2016, the treasurer received a salary of $90,000, according to the Council of State Governments.^[12]

2015

In 2015, the treasurer received a salary of $90,000, according to the Council of State Governments.^[13]

2014

In 2014, the treasurer was paid an estimated $90,000, according to the Council of State Governments.^[14]

2013

In 2013, the treasurer was paid an estimated $90,000, according to the Council of State Governments.^[15]

2012

In 2012, the treasurer was paid an estimated $85,500, according to the Council of State Governments.^[16]

Historical officeholders

Since 1817 Mississippi has had 49 state treasurers.^[17]

Click "show" for former officeholders.

Recent news

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

Contact information

Mississippi State Treasurer's Office
PO Box 138
Jackson, MS 39205

Phone: 601-359-3600
Fax: 601-359-2001

See also

• Mississippi state executive offices
• Mississippi state executive officials

External links

Suggest a link

• Mississippi Office of the State Treasurer

Footnotes

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