Treasury Responsibilities

The Treasurer's Office Has 10 Major Duties

Cash Management

37 bank accounts, Collect all State revenues, and Distribute over 2 million vendor and payroll checks per year as well as 506,000 electronic payments
Investments

$675 million invested in the Treasurer's Cash Pool Portfolio
Revenue Forecasting

5 revenue lines are projected by the Treasurer for the Revenue Forecasting Committee
Cash Management Improvement Act (CMIA)

Assist State Agencies with CMIA compliance in the receipt of $2.3 billion in Federal Funds
Trusts & Custodial Services

$238.3 million in bonds and letters of credit in custody and $24 million in Trust Funds managed
Bonds

$416 million issued and under management
Revenue Sharing

$110.6 million distributed to 492 municipalities last year
Unclaimed Property

$8.0 million returned to rightful owners and $17.3 million recycled to the General Fund last year
NextGen College Investing Program

$3 billion in investments
Tobacco Settlement

$272 million invested and managed to date