Current as of: 2009 The office of investment and debt management shall, subject to any restrictions in RSA 6 and RSA 6-A, assist the treasurer in performing functions and duties as follows:
I. Analyze and manage short-term and long-term cash flow requirements.
II. Maximize the returns on state investments, considering cash flow and liquidity requirements.
III. Coordinate and monitor cash needs for investment and debt activity.
IV. Develop a long-term debt plan, including criteria for the issuance of debt and an evaluation of how much total debt is justified.
V. Evaluate revenue projections for each proposed revenue bond issue and report findings to the governor and the capital budget overview committee.
VI. Advise the general court on all investment and debt matters, including, but not limited to, new bond issues, the status of state debt, and the status of state investments.
VII. Report quarterly or more often if required to the governor and council, the commissioner of administrative services and the joint legislative fiscal committee the total amount of funds in the treasury, the amount belonging to each separate fund, a summary of the funds on deposit and the investments held, and the interest income earned thereon, and any information pertaining to the duties of his office he may think proper or the governor or legislature may require.
VIII. Perform all other functions of the state treasury relative to state investment and debt management, including, but not limited to, the making of debt service payments, the sale of bonds, and the preparation of policies for the investment of state funds for yearly review and adoption by the state treasurer. ________________________________________________________________________
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