Welcome to the Treasury Division

The Treasury Division is the bank and trust center for the State of Alaska. Under the direction of Pamela Leary, the Treasury Division provides cash management, investment and portfolio management, debt management and accounting services for the State’s General Fund, the Constitutional Budget Reserve Fund, various retirement funds and numerous other funds and trusts.

Our Sections

Unclaimed Property
Provides a search for owners of unclaimed property and holders of abandoned property.

Provides oversight for all state and retirement investments, establishes and implements policies, and provides administrative and information technology support.

Cash Management
Functions as the cash control center for the State. Collects all revenues, pays all expenditures, and determines the amount of cash available for investment each day for the general and custodial funds.

Debt Management
Together with the State Bond Committee, is responsible for issuing State debt and lease/purchase financing for the State of Alaska.


Alaska Vote a Credit Positive

Moody's Investor Service gives Alaskans' a thumbs up for their sound rejection of Ballot Measure 1.

Alaska Achieves Banner Rate

The State of Alaska has issued $170,000,000 of General Obligation Bond Anticipation Notes maturing March 23, 2015.  

Pawlowski Named Deputy Commissioner, Leary to Lead Treasury Division

Department of Revenue Commissioner Angela Rodell today named Michael Pawlowski deputy commissioner for strategic finance.  Pamela Leary has been chosen to lead the Treasury Division as the state treasurer.


The Alaska Retirement Management Board (ARMB) applauded Governor Parnell’s proposal to deposit $3 billion into the retirement trust funds from the Constitutional Budget Reserve Fund.