Centralized Treasury and Securities Management Division

Dishonored Checks for Agency Accounts

The State Treasurer’s Office (STO) is accumulating 2016-17 banking workload data for the purpose of determining the State’s compensating bank balance requirements. One of the workload factors is a count of dishonored checks (see State Administrative Manual 8043) resulting from deposits made in accounts of the State’s Centralized Treasury System. To complete this process, the STO is requesting that State agencies provide the number of dishonored checks on each account for 2016-17.

The deadline to submit dishonored check workload data for your agency is Monday, July 31, 2017. Should you have any questions or need additional information, please email Andrea Paval at checks@treasurer.ca.gov or call her at (916) 651-3098.

Thank you for your assistance.