The Colorado Department of the Treasury has seven divisions made up of teams that focus on specific areas of financial management. These teams ensure specialized attention and expertise for each function.
Unclaimed Property Division
The Unclaimed Property Division is responsible for the Great Colorado Payback program, which returns lost and forgotten money to people and organizations across the state.
More about Unclaimed Property
Investments Division
The Investment Division of the Treasury is responsible for managing the state’s money in distinct investment portfolios with a focus on safety, liquidity, and long-term growth.
Colorado SecureSavings
This division runs the Colorado SecureSavings Program, which gives employees at private businesses access to state-facilitated retirement IRAs.
Debt Management Division
The Department’s Debt Management Division coordinates and oversees the state’s debt, helping structure financial obligations for state agencies and entities while reducing risk. Additionally, the division regularly reviews the state’s outstanding financial obligations to identify refunding or refinancing opportunities.
Accounting Division
The Accounting Division records and reconciles all cash that flows into and out of the state’s operating account each day. It also manages the disbursement of flow-through funds, such as the Highway User's Tax apportionment, Minerals Management funds, and miscellaneous federal funds.
Administrative Division
The Administrative Division directs strategy and operations for the Department, performing many functions including policy development, communications, information technology, and human resources. The team also supports the Treasurer and Deputy Treasurer.
Cash Management Division
The Cash Management Division manages the state’s banking service agreements. It ensures effective bank services and controls for state agencies, evaluates technological tools, closes unused or redundant bank accounts, opens new accounts or cash management services, and assists with the resolution of any concerns or problems between state agencies and the banks.