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Resources for State Agencies

By statute, most state agencies must deposit all revenues with the Colorado Department of the Treasury. The Treasury's cashier window accepts all checks and cash deposits from state agencies and makes payments to state agencies as required to fulfill the agency's mission. The cashier's office also provides information on cash receipts and disbursements to individual agencies and works closely with the state's banking services provider to ensure that the state's cash flows are reconciled daily.

Policy for Large Cash Transactions

To help us execute large cash needs on time, the Department requires advanced notice of any cash outflows per the guidelines below and incoming cash receipts that exceed $50 million. This lead time allows staff to forecast the transaction and meet the cash flow needs on time.

The notice requirement depends on the size of your disbursement. Please send the request to the Treasury's inbox and the investment team's inbox within the following timeframes.

 

Disbursement AmountNotice Required
$10 to $25 million2 business days
$25 to 50 million3 business days
$50 million or more5 business days

Urgent Requests

We understand special circumstances may prevent you from notifying our office on time. In those cases, the State Treasurer, Deputy Treasurer, or the Treasury’s CFO will consider your request for approval.

Incremental Borrowing Rate

The Department updates the Incremental Borrowing schedule monthly. The current schedule reports rates from August 30, 2024 through March 31, 2025.

Interest Distributions 

By state law, the Department invests cash funds created by the State Legislature. Certain funds can retain the investment income earned while being held. This income is distributed monthly based on the fund's average balance within the pooled funds.

Contact Information