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Orlando A. Romero, Division Director and State Cash Manager
 Victor Vigil, Division Bureau Chief
Steve Gonzales
Banking Operations Deputy Bureau Chief
Bill Lewis, Account Auditor
Antoinette Griego, Account Auditor
Florence Velarde, Account Auditor
Barbara Abeyta
Transaction Processing Deputy Bureau Chief
Yolanda Chavira, Line Manager
Mary Ann Esquibel, Account Auditor
Annabel Vigil, Account Auditor
The cash management function of the State Treasurer's Office includes accepting money for deposit, processing withdrawals, reconciling all bank transactions and balances, and managing securities used as collateral in accordance with Federal Reserve requirements. The State Treasurer’s Office acts as the state’s bank and records the receipt and disbursement of all state moneys defined by statute as being in the custody of the State Treasurer or payable to the State Treasurer.
Banking starts with the deposit of money. The deposits are accounted for by agency, fund, and revenue source in the Statewide Human Resource, Accounting, and Management Reporting System (SHARE). Deposits are reconciled for accuracy between the fiscal agent bank and the individual agency by the State Treasurer’s Accounts Bureau.
Similarly, disbursement of funds by state agencies is accounted for by SHARE and the fiscal agent bank (redeemed/cashed warrants). Warrants are reconciled between the agency and the fiscal agent bank by the State Treasurer’s Banking Operations Bureau. This process is essential to the clearing of disbursements, as a positive cash balance is required in order for agencies to process payments.
The Office obtains state agency reports of all money and deposits from all sources in the agency’s custody. It also performs a daily reconciliation between the fiscal agent bank account and the agency deposits using SHARE to determine a cash component for investment purposes.
In addition, staff authorizes state agency requests for non-fiscal agent depository bank accounts; reports account balances in each financial institution to the State Board of Finance; determines compliance with established guidelines and reports any deviations to the agency, the State Board of Finance, and the Legislative Finance Committee; and enforces requirements for financial institutions holding state funds.
Other banking services are provided to state agencies such as both incoming and outgoing wire transfer services, and distribution of interest to agencies with statutory authority or a federal mandate to receive interest earnings on fund balances. Also, the State Treasurer is the paying agent for state-issued bonds and is required to make all debt payments on scheduled maturity dates to designated payees.
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