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Supporting Californians Where It Matters Most

The State Treasurer’s Office delivers targeted initiatives to empower communities, grow businesses, and protect California’s future.

Economic Development

Investing in long-term growth through green jobs, infrastructure, and equitable opportunities for all communities.

Housing

Expanding affordable housing access and homeownership opportunities for California families.

Health

Strengthening healthcare infrastructure and access to ensure all Californians can thrive.

Education

Investing in schools, scholarships, and programs to empower students and educators statewide.

Community Investments

Fueling local projects that create jobs, improve neighborhoods, and drive equitable growth.

Small Business

Providing loans, grants, and resources to help small businesses grow and succeed.

Division and Offices

Behind California’s fiscal strength are specialized divisions ensuring security, driving growth, and delivering public benefit.

Centralized Treasury and Securities Management Division (CTSMD)

Centralized Treasury and Securities Management Division (CTSMD)

Safeguarding California’s $2.9 trillion treasury operations with secure banking and cash management solutions.

Read More about Centralized Treasury and Securities Management Division (CTSMD)
Investments

Investments

Strategically managing state funds to generate returns while supporting California’s long-term priorities.

Read More about Investments
Public Finance Division (PFD)

Public Finance Division (PFD)

Facilitating bonds and financing for infrastructure, schools, and community projects across the state.

Read More about Public Finance Division (PFD)

Boards, Commissions and Authorities

Specialized bodies advancing California's financial stewardship, economic growth, and public welfare through targeted initiatives.

California Alternative Energy and Advanced Transportation Financing Authority

CAEATFA finances clean energy and transportation projects to cut emissions and boost jobs.

California Educational Facilities Authority - CEFA

CEFA issues tax-exempt bonds to help private non-profit colleges build affordable campus facilities.
 

California Health Facilities Financing Authority
(CHFFA)

The California Health Facilities Financing Authority (CHFFA) provides financial assistance to public and non-profit healthcar

California Pollution Control Financing Authority
(CPCFA)

The California Pollution Control Financing Authority (CPCFA) provides incentives for capital investments in projects that align with state and federal policy goals.

California School Finance Authority
(CSFA)

The California School Finance Authority (CSFA) was created in 1985 to finance educational facilities and working capital on behalf of school districts and community college districts.

California Debt and Investment Advisory Commission (CDIAC)

The California School Finance Authority (CSFA) was created iCDIAC educates and assists California agencies on debt issuance and public investments since 1981.n 1985 to finance educational facilities and working capital on behalf of school districts and community college districts.

California Debt Limit Allocation Committee - (CDLAC)

CDLAC allocates California's tax-exempt bond cap for affordable housing and community development projects.

California Tax Credit Allocation Committee (CTCAC)

The California Tax Credit Allocation Committee (CTCAC) administers the federal and state Low-Income Housing Tax Credit Programs.

CalSavers Retirement Savings Board

CalSavers is California’s retirement savings program designed for the millions of Californians who lack 
a way to save for retirement at their job.

HOPE for Children Trust Account Program

This program provides a brighter future for children who lost a parent to COVID-19 or were in foster care by establishing a trust account, giving them financial resources as adults. 

ScholarShare Investment Board

This board provides oversight for ScholarShare 529, California’s official college savings plan, helping families prepare for higher education expenses.

CalAccount Blue Ribbon Commission -CBRC

This commission develops pathways to provide all Californians with access to convenient, affordable, and transparent zero-fee financial services and products.

Stay Connected with STO Events

Join our workshops, public meetings, and policy discussions to engage with the State Treasurer's Office initiatives.

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Bond Finance

Strategic bond initiatives that build California's infrastructure, protect taxpayer dollars, and offer investment opportunities.

Upcoming Bond Sale Calendar

View dates and details for California's upcoming general obligation and revenue bond sales.

Public Finance Division

Managing California's municipal bond programs that fund schools, hospitals, and public infrastructure.

GO Bond Finance Committee Meeting Agendas

Overseeing voter-approved general obligation bonds to ensure proper use of public funds.

Buy California Bonds

Opportunities for investors to support state initiatives through bond purchases.

Green Bonds

Investing in climate-resilient infrastructure and sustainable projects across California.

Outstanding Debt by Month

Monthly updates on California's bond debt portfolio and financial obligations.

State and Local Agency
Investments

Secure, yield-focused investment solutions for California’s public agencies—backed by the Treasury’s expertise.

Local Agency Investment Fund (LAIF)

A voluntary investment pool for cities, counties, and districts, offering daily liquidity and competitive returns. LAIF’s billion portfolio is managed by the State Treasurer’s Office at no cost to participants,...

Pooled Money Investment Account (PMIA)

The state’s primary operating fund, investing taxpayer dollars in ultra-short-term instruments like Treasuries and repos. Combines safety (per CA Constitution Article XI 20) with liquidity for daily cash needs.

Time Deposit Program

Strengthens local financial institutions by placing FDIC/NCUA-insured state deposits (up to $30M per bank). Supports community lending while earning competitive rates for California.

Join STO

Join a team dedicated to responsible stewardship of California’s resources. Explore rewarding careers in public finance, investment management, and policy innovation.

View Open Roles
A woman with long dark curly hair, wearing a light blue blazer, sits at a white desk and looks at the camera with her hands clasped in front of a laptop.

Join STO

Join a team dedicated to responsible stewardship of California’s resources. Explore rewarding careers in public finance, investment management, and policy innovation.

View Open Roles
A woman with long dark curly hair, wearing a light blue blazer, sits at a white desk and looks at the camera with her hands clasped in front of a laptop.

Join STO

Join a team dedicated to responsible stewardship of California’s resources. Explore rewarding careers in public finance, investment management, and policy innovation.

View Open Roles
A woman with long dark curly hair, wearing a light blue blazer, sits at a white desk and looks at the camera with her hands clasped in front of a laptop.

Join STO

Join a team dedicated to responsible stewardship of California’s resources. Explore rewarding careers in public finance, investment management, and policy innovation.

View Open Roles
A woman with long dark curly hair, wearing a light blue blazer, sits at a white desk and looks at the camera with her hands clasped in front of a laptop.

Join STO

Join a team dedicated to responsible stewardship of California’s resources. Explore rewarding careers in public finance, investment management, and policy innovation.

View Open Roles
A woman with long dark curly hair, wearing a light blue blazer, sits at a white desk and looks at the camera with her hands clasped in front of a laptop.

STO News

Highlights from California’s financial leadership: bonds, investments, and community impact.

Photos of Treasurer Fiona Ma on the RoadWith Lt. Governor Eleni Kounalakis and Diploma Dog during a visit to the Capitol to promote saving for college…

Calendar of recent and upcoming public finance activities and bond salesSeptember 5Various Purpose General Obligation Bonds and Various Purpose Genera…

November 2019Letter from Treasurer MaLast month the State Treasurer’s Office (STO) allocated $1.8 billion in bonding authority and $88.2 million in fe…

Treasurer Ma presenting at the San Diego Housing Federation’s 29th Annual Affordable Housing and Community Development Conference. The event brings to…

Contact the State Treasurer’s Office

Visit Our Office

California State Treasurer’s Office
901 P street, Room 411-B, Sacramento, CA 95814 

Mailing Address

P.O. Box 942809
Sacramento, CA 94209-0001 

Phone

(916) 653-2995

Contact the State Treasurer’s Office