Dear Friends,
A core mission of the State Treasurer’s Office is managing the financing of California’s debt. Read about the issuing of bonds and the related activities that take place within the Public Finance Division of my office in "ABCs of the BCAs."
Calendar of recent and upcoming public finance activities and bond sales
Proceeds will be used to construct, furnish and equip an expansion to the existing headquarters of CalSTRS in the City of West Sacramento.
Claremont, California
Details: For more information and to register, visit the Treasurer’s website
At the core of what the State Treasurer’s Office does day in and day out are the activities of the Public Finance Division (PFD). Everything from the communities in which we live to the national financial markets are affected by what goes on in this important division of the State Treasurer’s Office.
Did you know that if you purchased holiday gifts online and were not charged sales tax, you likely owe the state use tax on the purchase price? Not all remote sellers are required to collect California sales tax, so if the seller didn’t charge you tax, then you, as the consumer, are responsible for paying it. Generally, if the item would have been taxable if purchased from a brick-and-mortar retailer in California, it is subject to use tax.
Meet the people in the State Treasurer’s Office whose public service inspires us and is making a difference.
You might remember Sandra Kent. Sandra was employee of the month in July. In December, she was also named STO Employee of the Year!
Congratulations Sandra!
Dear Fiona,
What is the difference between State Treasurer and State Controller?
Adam
Dear Adam,
Many people mix up my role as State Treasurer with that of the State Controller. Although our positions are similar in that we both act as fiscal officers for California, we have very distinct roles in California government. As State Treasurer, I serve as the state’s asset manager, banker, and financier. The State Controller, on the other hand, acts as the state’s accountant and auditor.
I invite you to kick off the year with a quick dive into a core mission of the State Treasurer’s Office – managing the financing of California’s debt. Read about the issuing of bonds and the related activities that take place within the Public Finance Division of my office on page three.
A monthly update on key legislation for Treasurer Ma
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With the end of the 2019 legislative session, Top Billing is on hiatus. Look for news of key legislation for Treasurer Ma to return early next year.
Meet the people in the State Treasurer’s Office whose public service inspires us and is making a difference.
November STO Employee of the Month Eric Lawyer proudly displays some of his work to the appreciation of his boss, CalSavers Executive Director Katie Selenski.