South Carolina Treasurer
| South Carolina Treasurer | |
 | |
| General information | |
| Office Type: | Partisan |
| Office website: | Official Link |
| Compensation: | $164,000 |
| 2024 FY Budget: | $12,784,339 |
| Term limits: | None |
| Structure | |
| Length of term: | 4 years |
| Authority: | South Carolina Constitution, Article VI, Section 7 |
| Selection Method: | Elected |
| Current Officeholder | |
South Carolina Treasurer
Curtis Loftis | |
| Elections | |
| Next election: | November 3, 2026 |
| Last election: | November 8, 2022 |
| Other South Carolina Executive Offices | |
| Governor • Lieutenant Governor • Secretary of State • Comptroller • Attorney General • Treasurer • Auditor • Superintendent of Education • Agriculture Commissioner • Insurance Commissioner • Natural Resources Commissioner • Labor Commissioner • Public Service Commission | |
The Treasurer of South Carolina is an elected executive position in the South Carolina state government. As the state's chief banking officer, the treasurer is responsible for the investment, cash management and safekeeping of South Carolina's general and restricted funds.[1]
Current officeholder
The current South Carolina Treasurer is Curtis Loftis (R). Loftis assumed office in 2011.
Authority
The South Carolina Treasurer's authority is established in Article VI, Section 7 of the state constitution.
Article VI, Section 7:
| There shall be elected by the qualified voters of the State a Secretary of State, an Attorney General, a Treasurer, a Superintendent of Education, Comptroller General, Commissioner of Agriculture, and an Adjutant General who shall hold their respective offices for a term of four years, coterminous with that of the Governor. The duties and compensation of such offices shall be prescribed by law and their compensation shall be neither increased nor diminished during the period for which they shall have been elected.[2] |
Qualifications
Article VI, Section 7 of the South Carolina Constitution establishes the qualifications of the office:
| No person may be popularly elected to and serve in any office in this State or its political subdivisions unless he possesses the qualifications of an elector, is not disqualified by age as prescribed in this Constitution, and has not been convicted of a felony under state or federal law or convicted of tampering with a voting machine, fraudulent registration or voting, bribery at elections, procuring or offering to procure votes by bribery, voting more than once at elections, impersonating a voter, or swearing falsely at elections/taking oath in another's name, or has not pled guilty or nolo contendere [no contest] to these offenses. However, notwithstanding any other provision of this Constitution, this prohibition does not apply to a person who has been pardoned under state or federal law or to a person who files for public office fifteen years or more after the completion date of service of the sentence, including probation and parole time, nor shall any person, serving in office prior to the ratification of this provision, be required to vacate the office to which he is elected. No person may be elected or appointed to office in this State for life or during good behavior, but the terms of all officers must be for some specified period except officers in the militia.[2] |
- possess the qualities of an elector
- not disqualified by age as prescribed in this Constitution
- has not been convicted of a felony under state or federal law or convicted of tampering with a voting machine, fraudulent registration or voting, bribery at elections, procuring or offering to procure votes by bribery, voting more than once at elections, impersonating a voter, or swearing falsely at elections/taking oath in another's name, or has not pled guilty or no contest to these offenses
Elections
Article VI, Section 7 of the state Constitution stipulates the treasurer will be elected every four years, to a term of four years. The treasurer, like South Carolina's other executive officials, is elected in mid-term elections: 2018, 2022 and 2026.[2]
2022
- See also: South Carolina Treasurer election, 2022
General election
General election for South Carolina Treasurer
Incumbent Curtis Loftis defeated Sarah Work in the general election for South Carolina Treasurer on November 8, 2022.
Candidate | % | Votes | ||
| ✔ | Curtis Loftis (R) | 79.7 | 1,129,961 | |
| Sarah Work (Alliance Party) | 19.9 | 281,695 | ||
| Other/Write-in votes | 0.5 | 6,630 | ||
| Total votes: 1,418,286 | ||||
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Republican primary election
The Republican primary election was canceled. Incumbent Curtis Loftis advanced from the Republican primary for South Carolina Treasurer.
Alliance Party convention
Alliance Party convention for South Carolina Treasurer
Sarah Work advanced from the Alliance Party convention for South Carolina Treasurer on April 23, 2022.
Candidate | ||
| ✔ | Sarah Work (Alliance Party) | |
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2018
- See also: South Carolina Treasurer election, 2018
General election
General election for South Carolina Treasurer
Incumbent Curtis Loftis defeated Rosalyn Glenn and Sarah Work in the general election for South Carolina Treasurer on November 6, 2018.
Candidate | % | Votes | ||
| ✔ | Curtis Loftis (R) | 56.0 | 952,233 | |
| Rosalyn Glenn (D) | 42.5 | 722,977 | ||
| Sarah Work (American Party) | 1.5 | 25,979 | ||
| Other/Write-in votes | 0.0 | 711 | ||
| Total votes: 1,701,900 | ||||
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Democratic primary election
Democratic primary for South Carolina Treasurer
Rosalyn Glenn advanced from the Democratic primary for South Carolina Treasurer on June 12, 2018.
Candidate | ||
| ✔ | Rosalyn Glenn | |
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Republican primary election
Republican primary for South Carolina Treasurer
Incumbent Curtis Loftis advanced from the Republican primary for South Carolina Treasurer on June 12, 2018.
Candidate | ||
| ✔ | Curtis Loftis | |
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Political party key:
Democratic
Republican
Green Party
Libertarian Party
Working Families Party
Independent Party
American Party
- Fusion voting candidates
Full history
2014
Republican incumbent Curtis Loftis, Jr. won election without opposition on November 4, 2014.
To view the electoral history dating back to 2002 for the office of South Carolina Treasurer, click [show] to expand the section. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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2010 On November 2, 2010, Curtis Loftis won election to the office of South Carolina Treasurer. He ran unopposed in the general election.
2006 On November 7, 2006, Thomas Ravenel won election to the office of South Carolina Treasurer. He defeated Grady L. Patterson, Jr. (D) in the general election.
2002 On November 5, 2002, Grady L. Patterson, Jr. won election to the office of South Carolina Treasurer. He defeated Greg Ryberg (R) in the general election.
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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 South Carolina 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 treasurer is the chief banker of the state of South Carolina, responsible for the investment, cash management, and safekeeping of the state's general and restricted funds and assets of the state's retirement systems.[3]
The treasurer is a member of the following state boards and commissions:
- State Budget & Control Board
- South Carolina Retirement System Investment Commission
- State Board of Financial Institutions
- South Carolina Tobacco Authority
- South Carolina Education Authority
Divisions
- Information Technology
- Unclaimed Property
- Debt Management
- Investments Management
- Banking & Treasury Management
- College Savings[4]
State budget
- See also: South Carolina state budget and finances
The budget for the in Fiscal Year 2024 was $12,784,339.[5]
Compensation
- See also: Compensation of state executive officers
2024
In 2024, the officer's salary was $164,000, according to the South Carolina Department of Administration.[6]
2021
In 2021, the treasurer received a salary of $92,007, according to the Council of State Governments.[7]
2020
In 2020, the treasurer received a salary of $92,007, according to the Council of State Governments.[8]
2019
In 2019, the treasurer received a salary of $92,007, according to the Council of State Governments.[9]
2018
In 2018, the treasurer received a salary of $92,007, according to the Council of State Governments.[10]
2017
In 2017, the treasurer received a salary of $92,007, according to the Council of State Governments.[11]
2016
In 2016, the treasurer received a salary of $92,007, according to the Council of State Governments.[12]
2015
In 2015, the treasurer received a salary of $92,007, according to the Council of State Governments.[13]
2014
In 2014, the treasurer was paid an estimated $92,007, according to the Council of State Governments.[14]
2013
In 2013, the treasurer was paid an estimated $92,007, according to the Council of State Governments.[15]
2010
In 2010, the treasurer was paid an estimated $92,007, according to the Council of State Governments.[16]
Historical officeholders
Note: Ballotpedia's state executive officials project researches state official websites for chronological lists of historical officeholders; information for the South Carolina 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
The link below is to the most recent stories in a Google news search for the terms South Carolina Treasurer. These results are automatically generated from Google. Ballotpedia does not curate or endorse these articles.
Contact information
South Carolina State Treasurer
1200 Senate Street
Wade Hampton Office Building
Columbia, SC 29201
Phone: (803) 734-2101
Fax: (803) 734-2690
Unclaimed property: (803) 737-4771
Division phone numbers and email addresses
See also
| South Carolina | State Executive Elections | News and Analysis |
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External links
Footnotes
- ↑ South Carolina Treasurer, "Homepage," accessed February 2, 2021
- ↑ 2.0 2.1 2.2 South Carolina Legislature, "South Carolina Constitution," accessed February 2, 2021
- ↑ Treasurer.SC.gov, "Meet the treasurer," accessed February 2, 2021
- ↑ South Carolina Treasurer, "Division Directors," accessed February 2, 2021
- ↑ South Carolina Legislature, "Fiscal Year 2023-2024 Appropriations Bill H. 4300," accessed December 6, 2023
- ↑ South Carolina Department of Administration, "State Salaries Query," accessed July 15, 2024
- ↑ Issuu, "The Book of the States 2021," accessed September 28, 2022
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2020," accessed February 2, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2019," accessed February 2, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2018," accessed February 2, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2017," accessed February 2, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2016," accessed February 2, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2015," accessed February 2, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries," accessed February 2, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries," January 29, 2014
- ↑ The Council of State Governments, "The Book of States 2010 Table 4.11," accessed February 2, 2021
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