Investments
Overview
All accounts in the state treasury or in the custody of the State Treasurer are pooled for banking and investment purposes. This concentration account - or treasury/trust portfolio - is comprised of over 200 separate accounts each authorized by statute with a specific purpose so receipts and disbursements are tracked separately for each account.
Pooling the balances of these accounts adds tremendous value for the state by achieving an economy of scale. This means we can get the benefits of substantially lower banking fees and realize millions of dollars annually in additional interest earnings.