On an average day, the State Treasury accepts more than $70 million in deposits – taxes, fees, and other payments made by the people of Arkansas – and credits them to the proper account. These deposits are made up of electronic fund transfers, cash, and checks. On an average day, approximately 1,700 checks are processed through the Receiving Department. The Treasury reconciles over 12,600 accounts daily, representing the funds of more than 200 State agencies.
Six divisions work together to ensure the Treasury duties are executed. Each division has a specific responsibility, yet they all function collaboratively on a daily basis.