Washington State Treasurer's Office

Welcome to the Home Page for the Washington State Treasurer’s Office on the World Wide Web. As the state’s chief fiscal officer, the Treasurer provides banking, cash management, investment, and accounting services for state government. I hope that the information we have provided here is useful to you. If you have any questions about our office, please let me know.

Thanks for visiting the Washington State Treasurer’s Home Page.

Sincerely, Michael J. Murphy

What’s New

Financial Literacy and Consumer Education
OST Items of General Interest
The LGIP Holds No Commercial Paper A message from State Treasurer Michael J. Murphy
Letter to major bond rating agencies urges change in municipal bond rating standards Treasurer Michael J. Murphy was one of fifteen signatories who signed a letter sent to three major bond rating agencies: Standard & Poor’s, Moody’s Investors Services and Fitch Ratings The letter, signed by ten other State Treasurers and representatives of four other large municipal bond issuers, urges the rating agencies to rate municipal bonds based on the actual risk of default rather than the current dual rating standard.
Report on 63-20 Capital Projects Financing Michael J.Murphy, State Treasurer: “Lack of transparency and public oversight of capital projects creates an environment where public tax dollars can too easily be squandered and insider deal-making can proliferate. Good public policy mandates that state agencies use both the lowest cost financing method and the lowest cost capital project delivery method, while following the policy directives that are embodied in the public works laws, such as competition and transparency. Those policy directives should not be lightly circumvented – particularly when the reason for doing so is based on anecdotal reports rather than quantitative performance measures of construction cost savings. The committee and I unanimously agree that further research is needed.” This report identifies the costs and benefits of financing capital projects with 63-20 bonds issued by nonprofit corporations on behalf of the state. It includes the State Treasurer’s six recommendations to the Legislature which address public policy issues related to financing, public works laws and the state constitution. The report reflects the advisory committee’s discussion points, survey responses and research by staff and advisors.
Bloomberg.com: "Stand Up for Public Finance That's Right, Decent"
Tacoma Narrows Bridge Project
Unclaimed Property For information on abandoned wages, stock dividends and deposits, please click above link or contact the Department of Revenue, Special Programs Division, Miscellaneous Tax Section at 1-800-435-2429 (within State of Washington only) or 360-570-3231.
Motor Vehicle Proof of Financial Responsibility
OST Monthly Report—July 2008 OST Monthly Report Archive
State Finance Committee Minutes—May22, 2008 State Finance Committee Minutes Archive
OST Fiscal Year 2008 Closing Schedule
LGIP Quarterly Newsletter, First Quarter 2008 Note: There will be no Fourth Quarter 2007 Newsletter.
OST Annual Report—Fiscal Year 2007
LGIP Comprehensive Annual Financial Report - June 30, 2007

Consumer Issues

Click here for information on unclaimed property, the Guaranteed Education Tuition (GET) Program, bondholder relations and answers to common questions about warrants.

Historical Usury Rates – RCW 19.52

Banking and Merchant Card Services

OMWBE Linked Deposit Program

OST Website Intended Use Policy & Privacy Policy

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