The Treasurer is also responsible for making all investments for the City. This includes purchasing, selling and auditing the earnings on these investments as well as ensuring that City funds are safe and secure.<\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div>
The Treasury Department controls and monitors all the bank accounts of the City. There are currently 50 accounts under this office’s control. Through daily contact with the Comptroller’s Office and detailed reconciliations of these accounts, this office provides a check and balance for the Comptroller’s Office. In addition, this office is by ordinance the depository for all receipts of the City and provides a means for departments to make daily deposits.<\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div>
Treasury issues all payroll checks, deposits funds for federal and state taxes, funds for savings bonds and other payroll deductions. The office also serves as a depository for City departments i.e. the Cashier\u2019s Window.<\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div>
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The Treasurer is the chief investment and cash management officer for the City of St. Louis. The Treasurer is chief custodian of all city funds, as well as chief custodian of the fire and police pension funds. The office is committed to making smart investment decisions in order to save the City money.<\/p>\n
The Treasurer\u2019s Office of the City of St. Louis, in order to comprehensively and coordinatively commit to Economic Justice and Economic Justice initiatives, put forth this scorecard by which all City Depositories and prospective City Depositories will be evaluated on. This scorecard will be a tool used to hold our City Depositories accountable in our collective Economic Justice efforts, not as a punitive measure, but as a tool to intentionally and strategically improve for the betterment of economic outcomes for all St. Louisans.<\/p>\n
Click here to view the BEE Scorecard 2024<\/a><\/p>\n Click here to complete the stakeholder survey<\/a><\/p>\n BEE Scorecard 2023<\/a><\/p>\n BEE Scorecard 2025<\/a><\/p>\n The City of St. Louis investment returns are reported quarterly, providing returns by asset class and asset allocation for all portfolios.<\/p>\n Quarterly Investment Reports<\/a><\/p>\n 2024 St. Louis Treasurer’s Office Public Funds Investment Policy<\/a><\/p>\n The Funds Committee, which consists of the Mayor, the Comptroller, and the Treasurer, is required to make an annual evaluation of the financial institutions seeking to be City of St. Louis depositories.<\/p>\n The Funds Committee is committed to ensuring that the institutions selected to be authorized depositories of City funds provide credit in a fair and unbiased manner to City residents. Banks and financial institutions are encouraged to increase their financial commitment to the revitalization of the City through mortgage and home improvement loans to credit-worthy individuals, and through commercial loans to facilitate development and redevelopment throughout the City.<\/p>\n This annual report contains information about the residential lending activities of the banks that have applied to be City of St. Louis Depositors. All information provided in this report comes from these banks and the Federal Financial Institutions Examination Council (FFIEC), which monitors institutional compliance with the Federal Home Mortgage Disclosure Act and the Community Revitalization Act.<\/p>\n\u00a0<\/h3>\n
Quarterly Investment Reports<\/h3>\n
City Depository<\/h3>\n
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