Ernie Almonte officially announced his candidacy for General Treasurer as a Democrat in an email to close friends and supporters.
Last month, ABC6 was the first to report that Ernie Almonte would run for treasurer instead of Governor. In 2012 Almonte announced that he would run for Governor in 2014.
Almonte will challenge former General Treasurer Frank Caprio in the party primary, although he made no mention of his political opponent in his announcement.
"Over the past year, I have traveled across the state and I've been particularly moved by the heart to heart conversations I've had with Rhode Islanders about how we can create a better future. I have listened to your input and as always, I have made a decision based on logic. I realize at this point in my life, I can create greater good for the State of Rhode Island by applying my education, experience and ethical foundation to the office of General Treasurer," said Almonte.
Almonte laid out four main areas of focus in the email:
1) Applying my extensive financial experience to develop and implement a sound financial investment strategy;
2) Developing a team of financial experts to provide assistance to municipalities with their individual and unique financial situations;
3) Developing a financial education system for all Rhode Islanders to help them take control of their finances;
4) Addressing the issue of identity theft to protect our senior citizens and others from having someone steal the precious resources they've worked so hard to accumulate.
He highlighted his over 30-year of working as a certified public accountant and financial expert and his fifteen years serving as the Rhode Island Auditor General.
"As a CPA, I've based my life and career around four principles: Integrity – Reliability – Independence – Accountability. These core principles will guide my decision-making as General Treasurer, and lay down firm roots for the financial future of our state. Together, we can right the ship and put Rhode Island back on a track toward future prosperity," said Almonte, in the email.