State Treasurer Duties In the U S the state treasurer is a state s chief banker and money manager The treasurer oversees all of the state s cash savings debt and investments
The department provides accounting and auditing services to state agencies acts as the state s bank by disbursing and receiving funds into the treasury and performs other financial duties The department also performs non financial regulatory duties including insurance licensing and fraud investigation funeral parlor and cemetery The state treasurer serves as the chief custodian of each state s treasury and as the state s head banker Typically they receive and deposit state monies manages investments and keeps track of budget surpluses and deficits
State Treasurer Duties
State Treasurer Duties
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EXAMPLES OF TREASURY DUTIES Ensuring sufficient cash and funding identifying and mitigating against financial risks encouraging a culture of sound financial practice In the United States the treasurer of a state is the official charged with overseeing revenue and finances and generally acting as the state s chief banker Every state in the United States has a treasurer though some have a different official title for the office
Below are some of the Treasurer s key responsibilities The Treasurer serves as the sole Trustee of the Indiana State Police Pension Trust which provides pension death survivor and other benefits to present and former employees of the state police department and their beneficiaries Below are some of the Treasurer s key responsibilities The Treasurer s Office manages the State s Pooled Money Investment Account which invests monies on behalf of state government and local jurisdictions to help them manage their fiscal affairs
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The State Treasurer is the state s chief financial officer The State Treasurer manages Missouri s 20 billion in annual state revenues directs its banking services and oversees its 6 5 billion investment portfolio What does the State Treasurer do The State Treasurer is Washington s chief financial officer who manages the Office of the State Treasurer OST OST is the state agency that serves as the bank for Washington State government
The state treasurer s duties could include providing transparency for Kentuckians about financial budgets and spending similar to an auditor They have some powers of being able to request information from Responsibilities and Impact As one of Wisconsin s constitutional statewide officers the Treasurer Promotes the state s unclaimed property program in order to return thousands of dollars to Wisconsin taxpayers Works on improving fiscal responbility in the State Helps direct constituents with questions and concerns to the proper agency
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In the U S the state treasurer is a state s chief banker and money manager The treasurer oversees all of the state s cash savings debt and investments
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The department provides accounting and auditing services to state agencies acts as the state s bank by disbursing and receiving funds into the treasury and performs other financial duties The department also performs non financial regulatory duties including insurance licensing and fraud investigation funeral parlor and cemetery
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State Treasurer Duties - EXAMPLES OF TREASURY DUTIES Ensuring sufficient cash and funding identifying and mitigating against financial risks encouraging a culture of sound financial practice
