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Deputy Director of Investment Services
Section 6-222 through 6-225 of the State Finance and Procurement Article governs the investment of the State’s unexpended or surplus money. The Investment Department in the State Treasurer’s Office is charged with the responsibility of investing these monies in accordance with established laws, policies and procedures, as well as establishing an Investment Policy which provides additional guidance and protocols for investment of state monies. The Department primarily invests the cash balances that are temporarily idle between the time State revenue is collected and the time budgeted amounts are disbursed. The Department is also responsible for a number of longer-term investment activities associated with the purchase of 20-year development easements on agricultural land and the
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