Office of Treasury Services
Duties and Responsibilities

Cash Management Responsibilities:

The Office of Treasury Services acts as the clearinghouse for all of the bond fund inflows and outflows totaling several hundreds of millions of dollars. The Office of Treasury Services cash management responsibilities include the administration and investment of bond funds, the management of the University's banking relationships, and the coordination of banking and cash management activities with the State Treasurer's Office.

Debt Management Responsibilities:

As the public finance department for the University of Connecticut, the Office of Treasury Services debt management responsibilities include issuing and managing the University's debt in the prudent and cost-effective manner. The Office of Treasury Services issues bonds, in conjunction with the State Office of the Treasurer, to finance State capital projects, manages debt service payments and cash flow borrowing, administers the bond funds, and maintains the University's rating agency relationships. The efficiency with which the Treasury operates its debt management program directly affects the amount of interest (debt service) ultimately paid for by Connecticut taxpayers. The Division's clients include the University, the State Government, and Connecticut taxpayers.

This division is also responsible for the tax exempt arbitrage compliance pursuant to the internal revenue service rules and regulations relative to the University's issuance of tax exempt debt. Additionally, the department works with the University's Purchasing Department, as well as the Office of the State Treasurer, on the tax compliance of any UCONN tax exempt lease financings, pursuant to Connecticut General Statutes 3-20d.

| Responsibilities |
|Investment Policy| Other Info| FAQ|
|UConn Home| Office of the State Treasurer|
|Official Statements| Home|