Welcome From State Treasurer Converse Chellis

The Chellis Plan for Fiscal Reform.pdf (74 KB)

 
Click on the above link to read the Treasurer's fiscal reform plan for South Carolina. The plan calls for a common-sense conservative approach to government. 

"Our mission is to serve the citizens of South Carolina by providing the most efficient banking, investment and financial management service for South Carolina State Government. Our commitment is to safeguard our State’s financial resources and to maximize return on our State’s investments."
                                                                     -  State Treasurer Converse Chellis

In a effort to hold local governments accountable, the State Treasurer's Office will begin withholding  State " Aid to Subdivisions" funding on February 1, 2009 for any county or municipality that fails to submit an annual financial audit as required by State law. 

The following municipalities have failed to submit their annual financial audit to the State Treasurer's Office as of March 31, 2009:

Andrews                                            Olanta    
AtlanticBeach                                   Olar
Bonneau                                           Quinby
Cross Hill                                          Sellers
Gaston                                              St. Stephens       
Lincolnville                                        Ulmer
Lynchburg                                         Vance                                                             

This listing will be updated on a regular basis.

The State Treasurer's Office is organized into seven divisions:

The State Treasurer’s Office is responsible for the investment, cash management, and safekeeping of the State's general and restricted funds and a portion of the assets of the South Carolina Retirement Systems.  We also provide fiscal management services, which include receipt and disbursement of all funds, coordination of all banking services, issuance and maintenance of all State debt and trusteeship of unclaimed property.  We work with and communicate regularly with the State's credit rating agencies to keep issuance of the State's debt so as to achieve the highest credit rating possible.

Thank you for visiting our on-line office. Please contact us with any questions you may have.

Sincerely,

Converse A. Chellis, III
State Treasurer