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Michael Ramone

Republican

Business owner

Michael Ramone, a business owner and fitness center executive, is running for Delaware Treasurer in his second campaign. He emphasizes protecting Delaware's corporate franchise revenue, maintaining fiscal credibility, and serving as an independent check on government spending.

From the candidate’s published profile

Background

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Ramone's career experience includes owning Aquatic Management Systems and BC Communities. He is also chief executive officer of Delaware Swim and Fitness and coach of the Delaware Swim Team.[2]

Campaign themes

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Campaign websiteRamone's campaign website stated the following:Protecting Corporate Franchise RevenueThe Issue: Delaware’s corporate franchise system is a major economic asset and source of state revenue, but its stability cannot be taken for granted.Campaign Message:“I’m the only candidate with deep experience in both the public and private sectors. I’ve built businesses, created jobs, and managed budgets through good times and bad. My experience comes from working in our communities—not from an office or academic institution. I don’t just serve Delawareans; I’m one of them.”Maintaining Delaware’s CreditworthinessThe Issue: Delaware’s ability to borrow at favorable rates depends on sound fiscal management and responsible debt policies.Campaign Message:“A top credit rating isn’t a political trophy. It helps keep borrowing costs low for Delaware taxpayers and makes our state more attractive to businesses. Delaware needs a Treasurer who puts fiscal responsibility ahead of political agendas.”Serving as an Independent Check on Delaware GovernmentThe Issue: One-party control can reduce the independence of financial oversight.Campaign Message:“The State Treasurer should be the taxpayers’ independent watchdog—not the Governor’s accountant. I don’t owe the political establishment anything. My responsibility is to you, Delaware’s taxpayers.”Demanding Financial TransparencyThe Issue: Public confidence suffers when spending decisions lack transparency or leaders avoid difficult questions.Campaign Message:“Taxpayers have a right to know where their money goes and what they receive in return. Leaders should answer tough questions, not silence critics. If I make a decision, I will defend it. If I’m wrong, I will admit it and change course. I will hold regular news conferences and public forums to keep Delawareans informed. That’s what you deserve from your elected officials.”Ensuring Program AccountabilityThe Issue: Government funding alone does not guarantee that a program is solving the problem it was designed to address.Campaign Message:“Funding a program is not the same as solving a problem. We must put taxpayers first and ensure programs deliver results. I will work to protect Delaware EARNS, DE 529, and DE ABLE from unnecessary political interference and ensure taxpayer funds are managed responsibly.”Safeguarding Delaware Economic and Financial Advisory Council's (DEFAC) IndependenceThe Issue: Political interference can undermine the independence and credibility of Delaware’s revenue forecasting.Campaign Message:“You don’t build a household budget on money you hope to earn, and government shouldn’t either. As a member of DEFAC, I will protect its independence, challenge assumptions when necessary, and clearly communicate the accuracy of its forecasts to the public.”Elevating Economic CompetitivenessThe Issue: Taxes and regulations affect Delaware’s ability to attract and retain businesses, families, and retirees.Campaign Message:“The Treasurer must protect Delaware’s revenue base for the next 20 years. We need a competitive tax structure that encourages businesses to grow here. Having built businesses and created local jobs, I bring practical economic experience to that challenge.”Maximizing Investment ReturnsThe Issue: Delaware’s roughly $8 billion investment portfolio requires careful fiduciary oversight to maximize returns while protecting taxpayers.Campaign Message:“When billions of taxpayer dollars are invested, every fraction of a percent matters. I will maintain a disciplined balance among safety, liquidity, and return without chasing unnecessary risk. I will also conduct a comprehensive review of the office’s previous eight years to ensure public investments are managed responsibly and transparently.”Reining in State Spending The Issue: Delaware’s state spending needs greater scrutiny, efficiency, and use of modern technology.Campaign Message:“The Treasurer doesn’t write the state budget, but the office must be a strong voice for financial accountability. As House Minority Leader, my guiding principle was getting taxpayers the most ‘bang for their buck.’ As Treasurer, I will serve as an independent watchdog for Delaware taxpayers, free from the partisan politics that have hampered our state.”— Michael Ramone's campaign website (September 11, 2026)Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.

Michael Ramone did not complete [the profile publisher]'s 2024 Candidate Connection survey.

Campaign website

Ramone’s campaign website stated the following:

ON THE ISSUES

EMPOWERING DELAWARE STUDENTS

Despite having the fourth-highest per capita spending per student, Delaware ranks second to last in quality of education. For too long, Dover has thrown money at the problems without addressing the root causes, forcing an undue burden on taxpayers, teachers, parents, and students.

The father of three and grandfather of four, Mike understands the importance of providing a quality education to Delaware children, regardless of location or income. As Governor, Mike will fight to ensure teachers have the tools, resources, and classrooms necessary to provide a quality education.

SUPPORTING MAIN STREET

Main Street businesses and hardworking Delawareans are struggling to make ends meet in these tough economic times. As a small business owner who employs more than 200 people throughout Delaware, Mike Ramone knows these challenges all too well.

With one of the worst environments for new and existing businesses, Delaware needs a proven executive with the experience to turn things around. As Governor, Mike will bring his Main Street experience to Dover and consolidate the state income tax, reduce burdensome regulations, and provide much needed relief to hardworking Delawareans.

PROMOTING GOOD GOVERNANCE

For 32 years, Dover has put its own self-interest over the interests of hardworking Delawareans. Now, with Delaware facing a growing deficit, it is going to take a proven executive to make necessary cuts and get Delaware’s economy back on track.

Delawareans need an executive in Dover who will be a responsible steward of their tax dollars. The status quo in Delaware has been throwing more money at the problems instead of addressing their root causes. As Governor, Mike will promote good governance and responsible spending by holding lawmakers and government agencies accountable for their spending.

KEEPING OUR COMMUNITIES SAFE

Families throughout Delaware have been impacted by rising crime rates and rampant drug use. As Governor, Mike will ensure state police and local law enforcement have the tools and resources necessary to keep our communities safe.

Mike is passionate about criminal justice reform and ensuring that those who deserve a second chance get a second chance. As Governor, Mike will work with community leaders to find solutions that create a fair and equitable justice system that focuses on reducing recidivism rates through rehabilitation.

EXPANDING VETERANS BENEFITS

For more than a decade, Mike has served on the Delaware House of Representatives Veterans Affairs Committee. As Governor, Mike will ensure that the brave men and women who defend our freedoms are no longer forgotten.

Mike will work with legislators to join 39 other states and eliminate the state income tax on veterans benefits. He will expand access to critical mental health resources so the transition back into civilian life is as seamless as possible. And Mike will ensure that Delaware’s veteran community is no longer forgotten by those they fought to defend.

PROTECTING OUR ENVIRONMENT

In the State House, Mike has been a leader in protecting Delaware’s natural beauty and resources. As Governor, Mike will make Delaware a leader in expanding research into alternative energy sources such as solar and nuclear.

Mike is committed to conserving the environment. He will work with leaders throughout the state to ensure that Delaware becomes a leader in free market investment and environmental research.

IMPROVING HEALTHCARE

The rising cost of health care and decreasing access in rural areas are impacting Delaware families throughout the state. As Governor, Mike will remove the regulatory burdens that drive up the cost of service and force competition out of Delaware.

Physical health is a priority of Mike Ramone. As Governor, Mike will empower Delawareans to make health choices and improve their quality of life. As a member of the State Employee Benefits Commission, Mike fought to protect state benefits and hold state leaders accountable. As Governor, Mike will fight to ensure all Delaware residents have access to effective and efficient healthcare.

INVESTING IN OUR INFRASTRUCTURE

Delaware was once a national leader in commerce. Mike believes we can get there again. Infrastructure, from roads to ports to rural broadband access, is the backbone of successful economies. As Governor, Mike will make the necessary investments to improve infrastructure, giving Delaware a competitive advantage in economic growth and investment.[14]

—Michael Ramone’s campaign website (2024)[15]

Michael Ramone did not complete [the profile publisher]'s 2022 Candidate Connection survey.

Michael Ramone did not complete [the profile publisher]'s 2020 Candidate Connection survey.

On the 2026 ballot

Links

Compiled from the candidate’s published profile as of September 30, 2026.

Source(opens in new tab)
Michael Ramone — Delaware Treasurer candidate, 2026 | True Vote