HOME | AZ Treasury Office

Time 2020-11-22 09:04:09

Web Name: HOME | AZ Treasury Office

WebSite: http://www.aztreasury.gov

ID:123635

Keywords:

AZ,HOME,Office,

Description:

The Honorable Kimberly Yee serves as the 36th Treasurer of Arizona. As Arizona’s chief banking and investment officer, she safeguards approximately $19billion in assets and stewards the cash management of Arizona’s $40 billion state budget and related payments to state agencies, local governments and public schools. Learn more aboutTreasurer Yee here.Operating CashBalance$4,208,326,755.94Assets Under ManagementBalance$19,787,405,848.29Land Endowment ValueBalance$6,703,486,542.74We InvestWe protect, manage, and invest taxpayer money. Safe investing of public funds is our #1 priority. The Treasurer has approximately $19Billion under management and stewards the cash management of Arizona’s $40 Billion state budget. Money comes into the Treasury through state and local taxes and fees paid by Arizonans and through the sale of state-owned land. These assets are entrusted to the Treasurer as the state’s investment officer. The Treasury invests assets in high-quality fixed-income and equity products. Our staff investment specialists monitor markets and work to maximize the state’s return on investment without compromising safety. All the while, the Treasurer maintains liquidity to meet cash flows. We help state agencies facilitate withdrawals of funds assigned to them, and we distribute funds to local governments, public schools, and other entities as required by state law.We BankThe State Treasurer also serves as Arizona’s Banker. While not a bank itself, the Treasurer’s Office directs all state banking services and approves all banking and financial products used by state agencies, executes all state payments, and manages the state’s cash flow. As a protection for taxpayer money, the State Treasurer maintains a separate accounting system to provide a check and balance on the state accounting system and distributes investment earnings to the proper funds. The Treasury contracts with Arizona banks to process the state’s receipts and disbursements, money and security transfers, payment activity, and related banking services.We InformOne of the initiatives of the Arizona State Treasurer's Office is to advance financial literacy throughout the state of Arizona, ensuring all Arizonans have the opportunity to attain proficiency in basic money management. The Financial Literacy Task Force implements an action plan to reach as many Arizonans as possible with the message of the importance of financial literacy. Learn more about the Treasurer's actions here.Latest NewsInside the VaultJoinThanks for submitting!Office of the State Treasurer Arizona1700 West Washington Street Phoenix, AZ 85007​Main: (602) 542-7800​Contact Us​© Office of the Arizona State Treasurer

TAGS:AZ HOME Office 

<<< Thank you for your visit >>>

Hot Websites