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 began withholding state payments 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:
Andrews (FY08) Olar (FY08)
Atlantic Beach (FY07,FY08) Peak (FY08)
Bonneau (FY08) Quinby (FY08)
Cross Hill (FY07,FY08) Reevesville (FY08)
Furman (FY08) Sellers (FY07,FY08)
Gaston (FY07,FY08) Snelling (FY08)
Gifford (FY08) Smyma (FY08)
Iva (FY08) St.Stephen (FY08)
Lincolnville(FY07,FY08) Summit (FY08)
Lowndesville (FY08) Vance (FY08)
Lowrys (FY08) Waterloo (FY08)
Luray (FY08) Windsor (FY08)
Meggett (FY08)
This listing was last updated on November 20, 2009.
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
