Consolidated Treasury Account Structure

SAO in partnership with the Office of the State Treasurer (OST), is working on a consolidated banking solution that is beneficial to all agencies. The new Consolidated Treasury Accounting Structure (CTAS) will allow agencies more visibility and control over their payroll and vendor disbursements while keeping state funds in the treasury as long as possible, thereby maximizing the investment returns on those funds. The anticipated go-live date for the project is February 2014.