8922     NATURE OF GENERAL LEDGER ACCOUNTS
(Revised & Renumbered 2/65)

 

Account No. S 11 reflects the recorded value of securities and other personal property deposited in the state vault for safekeeping. Account No. S 12 reflects the value of all currently maturing interest which the State Treasurer's office is in the process of collecting for various funds or agencies. Account No. S 13 reflects the recorded value of securities deposited for safekeeping by the State Treasurer in qualified trust companies or the Federal Reserve Bank. Account No. S 14 reflects the value of currently maturing securities released from the state vault for the purpose of collection or exchange and other securities released from the state vault for the purpose of exchange, substitution, or a liquidating dividend. Account No. S 15 reflects amounts of trust cash deposited in the Special Deposit Fund by the State Treasurer's office.

Account No. S 61 reflects the liability of the State Treasurer's office for securities of state investment funds deposited in the state vault, qualified trust companies, or the Federal Reserve Bank for safekeeping. Account No. S 63 reflects the liability of the State Treasurer's office for securities pledged by banks to secure demand and time accounts of the State Treasurer's office and other state agencies. Account No. S 64 reflects the liability of the State Treasurer's office for pledges to state agencies deposited with the State Treasurer's office for safekeeping. Account No. S 66 reflects the liability of the State Treasurer's office for all other securities and personal property deposited in the state vault by state agencies which are not accounted in one of the above-described accounts.

 

Monthly the State Treasurer's office prepares a detailed statement of its securities accountability.