TREASURY-STATE AGREEMENT - 8012

The Treasury-State Agreement (TSA) is a Cash Management Improvement Act (CMIA) agreement between the U.S. Department of Treasury and the state that documents the accepted funding techniques and methods for calculating interest. The TSA is prepared annually by the Department of Finance, Fiscal Systems and Consulting Unit.

The TSA lists:

• The state agencies/departments and the federal assistance programs impacted by CMIA.
• The funding techniques for each federal assistance program.
• The clearance and redemption patterns for requesting federal funds and calculating interest liability.
• The interest calculation methodologies.
• The description of reimbursable interest calculation costs.