What does the Colorado State Treasurer Do?
The Treasurer develops an investment strategy for state funds.
The Treasurer maintains investments and banking relationships on behalf of the State of Colorado.
The Treasurer supports small business loan programs.
The Treasurer has responsibilities related to various small business loan programs to support the economic vitality of Colorado.
The Treasurer supports affordable housing loan programs.
The Treasurer invests State funds in the the Colorado Affordable Housing Financing Fund which strengthens Colorado by investing in affordable housing and community development. This includes home ownership, rental housing, business loans, and community involvement.
The Treasurer safeguards retirement programs.
The Treasurer administers the Colorado Secure Savings Program which provides small businesses with a convenient way to help employees save for their future. The Treasurer is a Board Member of PERA (Public Employee Retirement Association). Employer-sponsored retirement plans can help improve worker satisfaction, increase productivity, and reduce employee stress.
Additional key work that the Treasurer does:
Property Tax Deferral Program
This program is designed to help seniors and the military to stay in their home. The Treasurer is responsible to ensure that the applicant qualifies and approves the payment.
School District Intercept Program (SDIP)
SDIP requires the State Treasurer to guarantee the timely payment of bonds issued by school districts.
Federal Funds Distribution
The Federal Government provides payments to Colorado to be used for specified purposes. The Treasurer assists in the oversight of various related funds.