The Cash Management Division works with banks and investment firms, initiating daily payment wires and fund transfers to and from the Treasury’s demand accounts to maintain consistent balances. This division also coordinates with the Department of Finance and Administration and other agencies concerning state fund transfers, adjustments, and collection items.
In addition, the Cash Management Division distributes General and Special Revenues on a monthly basis to state agencies, colleges, and universities according to the Revenue Stabilization Act. Interest earning distributions are also completed monthly as set forth by law.
Finally, Cash Management balances the General Ledger each day, with all the other sections of Treasury operations, and reports to the Treasurer and staff.
LEDGER BALANCE AND ACTIVITY
Listing of Treasury asset balances at a specific point in time.
DAILY CASH FLOW
This chart shows the daily inflows (agency receipts) vs. daily outflows (warrant redemptions).