The Office of the State Treasurer provides strategic leadership on the State's investments, banking services and debt management programs. These programs are designed to optimize the State's cash flow, provide the necessary liquidity to meet daily obligations, ensure proper investment of remaining funds, safeguard all funds on deposit, and promote sound borrowing practices. The office upholds the implementation of best practices and long term sustainability for each program by selecting and building strong partnerships with world class providers.
Oversees the management of the State’s general, special and school fund investment portfolios totaling about $1.6 billion. Portfolio performance and historical trends are reported annually.
Responsible for the prompt processing, recording, and reconciling of all the State’s receipts and disbursements. Processes accurate and timely transactions on behalf of state agencies and other organizations. Provides for the evolving transactional needs of the State and fosters a seamless transactional experience across central agencies for payees and payers.
Voluntary savings are an important step toward living out a financially secure future. Pension and Social Security payments may not be enough to meet your needs in retirement.
It is never too late to start saving for a child's education. While an earlier start is better, starting when your child is older still provides tax and asset growth benefits needed to reach higher education goals.