Ohio Treasurer of State

What Ohio Treasurer of State does

The Ohio Treasurer of State is a constitutional office of the State of Ohio, established in 1803, responsible for collecting and safeguarding state taxes and fees, managing state investments and debt portfolios, and serving as custodian of certain public funds and investment assets held outside the state treasury. The office is led by Treasurer Robert Sprague, Ohio's 49th Treasurer of State, who assumed office on January 14, 2019 and serves as the state's chief investment officer, overseeing daily cash flows of state monies. Headquartered at 30 E. Broad Street, 9th Floor, Columbus, Ohio, the office operates with approximately 85 employees and serves three primary constituencies: Ohio residents and small businesses, government partners (local governments, counties, municipalities, school districts), and financial institutions and investors.

The office operates a multi-program portfolio spanning financial transparency, public fund management, savings and investment products, lending programs, and government finance tools. Core technology platforms include the Ohio Checkbook transparency platform (built in partnership with OpenGov since 2019), the TMS Connect Portal for investment and debt portfolio account management, the TOS TouchPoint secure business portal, and an Electronic Payments (ACH Credit) system for tax and fee submissions. Programs include STABLE Account (ABLE accounts for individuals with disabilities), STAR Ohio and STAR SMA (local government investment pools), Ag-LINK (farm operating loan rate reductions), Buckeye Business Advantage (small business reduced-interest loans), Ohio Homebuyer Plus (homebuyer savings), Family Forward (adoption financing), ResultsOHIO (pay-for-success initiative), OMAP (Ohio Market Access Program for municipal bond enhancement), CPIM (fiscal officer professional development), OPCS (collateral management), and BidOhio (interim fund auctions). The office announced the Buckeye Billfold digital wallet initiative in 2026 to extend treasury services into consumer-facing digital payments.

The office does not generate revenue in the traditional commercial sense; it is funded through state appropriations and serves a public function. Programs are delivered through direct government services, participating financial institutions (banks and credit unions across Ohio), and self-serve digital platforms. Distribution channels are primarily domestic and limited to Ohio. The office maintains a multi-channel public communication footprint including social media (Facebook, X, YouTube, Instagram, LinkedIn), a comprehensive newsroom, the OhioCheckbook transparency platform, the CPIM annual conference, and the Compass Award financial literacy recognition program.

Name

Ohio Treasurer of State

Legal name

Ohio Treasurer of State

Website

https://tos.ohio.gov

Company type

Private

Founded year

1803

Operating status

Operating

Headcount range

51–100 employees

Short description

The Ohio Treasurer of State is a constitutional state government office responsible for collecting and safeguarding state taxes, managing state investments and debt portfolios, and administering public financial programs for Ohio residents, local governments, and financial institutions.

Ownership category

akta.pro rank

Product category

State Treasury Management & Public Finance

NAICS

Public Finance Activities (921130), Public Finance Activities (92113), Public Administration (92), Executive, Legislative, and Other General Government Support (921)

SIC

Finance Services (6199), Federal & Federally-Sponsored Credit Agencies (6111), Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Treasury & Cash Management (BPAIAEAB)

akta.pro secondary industries

State/Provincial Treasury, Budget & Fiscal Management (BPAIABAC), Municipal Finance, Treasury, Budget & Procurement (BPAIACAC), Government Investment Pools & Treasury Funds (FSAAAGAE), National Housing Finance Agencies & Ministries (FSALAKAB)

Keywords

• State treasury management
• Public investment management
• Municipal bond programs
• Government financial transparency
• ABLE savings accounts

Headquarters

HQ city

Columbus

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Distribution channels4 records

Marketing channels7 records

Core offering

The Ohio Treasurer of State is a constitutional state government office that collects and safeguards state taxes and fees, manages state investment and debt portfolios, and operates a suite of financial programs for Ohio residents, local governments, and financial institutions. Core offerings include government transparency (Ohio Checkbook), public investment vehicles (STAR Ohio, STAR SMA), savings and lending programs (STABLE Account, Ag-LINK, Buckeye Business Advantage, Ohio Homebuyer Plus, Family Forward), and fiscal services for local governments (OMAP, ResultsOHIO, CPIM, OPCS, Custody Services).

Product overview

Ohio Treasurer of State operates a multi-program portfolio centered on financial transparency, public fund management, and economic development initiatives. The core transparency platform is Ohio Checkbook, which provides public access to state spending data. Additional programs include savings and investment products (STABLE Account, Ohio Homebuyer Plus, STAR Ohio), lending programs (Ag-LINK, Buckeye Business Advantage, Family Forward), and government finance tools (OMAP, ResultsOHIO, CPIM). Service delivery is supported through digital platforms including TMS Connect Portal for investment account management, TOS TouchPoint for secure business transactions, and Electronic Payments for tax submissions.

Differentiator

Problem solved

Functional benefit

Brands

• Ag-LINK: Program providing reduced interest rates on operating loans for farm operators, agribusinesses, and co-ops.
• Buckeye Business Advantage
• Family Forward
• Ohio Homebuyer Plus
• STABLE Account
• ResultsOHIO
• STAR Ohio
• OhioCheckbook
• OMAP
• Grow NOW

Products and services

• Ohio Checkbook Online transparency platform providing public access to state and local government spending data, allowing citizens to view and search expenditures in a digital format.
• STABLE Account ABLE account program enabling individuals with disabilities to save and invest while maintaining eligibility for needs-based government benefits.
• ResultsOHIO Pay-for-success initiative connecting policymakers with innovators to tackle social and public health challenges, with reimbursement tied to verified outcomes.
• Family Forward Adoption cost assistance program offering reduced-interest loans up to $50,000 for Ohio families navigating the adoption process.
• Ohio Homebuyer Plus Down payment assistance program offering enhanced interest earnings on savings accounts for prospective Ohio homebuyers.
• Ag-LINK Short-term operating loan interest rate reduction program for Ohio farmers, farm operators, and agribusinesses to manage upfront costs for feed, seed, fertilizer, and fuel; offers up to a 3% interest rate reduction on new or existing operating loans.
• Buckeye Business Advantage Program providing reduced-interest loans through participating financial institutions to eligible Ohio small business owners for growth and expansion.
• Ohio Market Access Program (OMAP) Credit enhancement program helping Ohio local governments achieve better bond ratings and lower borrowing costs through the Treasurer's enhanced note issuance.
• STAR Ohio Local government investment pool offering competitive returns on short-term investments for Ohio political subdivisions.
• STAR SMA Separately managed account option for government entities with larger investment portfolios seeking customized management.
• Center for Public Investment Management (CPIM) Professional development education program for local government fiscal officers on trends in public finance.
• Ohio Pooled Collateral System (OPCS) Collateral management system allowing financial institutions to pledge securities to secure public deposits.
• BidOhio Auction platform for equitable bidding on state interim investment funds.
• Custody Services Custodial services for public funds and investment assets held outside the state treasury.
• TMS Connect Portal Account management portal for Ohio Treasurer's investment and debt portfolios, providing secure access for state fiscal operations.
• TOS TouchPoint Interactive portal providing secure access to Treasury applications for conducting business with the Treasurer's office.
• Electronic Payments (ACH Credit) ACH-based electronic payment system for businesses and individuals to submit tax payments and fees to the State of Ohio.
• Invest in Ohio (Bond Portal) Online portal providing bond information, ratings, and investment opportunities for Ohio investors.
• Financial Literacy Resources Financial education resources and initiatives to help Ohioans secure a sound financial future, including retirement and veterans resources and the Compass Awards recognition program.
• Online Payment Portal Secure payment portal for making payments and downloading forms related to Treasurer services.
• County Recorders Electronic Record Modernization Electronic record modernization program supporting Ohio counties in modernizing their county recorder record-keeping systems.

Quantifiable outcome

• STABLE Account Program grew from under 10,000 to over 31,000 accounts under Sprague administration
• +3 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core.

• University of CincinnaticoreStrategic or Co-development Partner · 5 August 2021University of Cincinnati selected as independent evaluator for the first ResultsOHIO project, providing objective assessment of pay-for-success project outcomes.
• Ohio State University ExtensioncoreStrategic or Co-development Partner · 24 February 2021Partnership with Ohio State University Extension to advance the 'Real Money. Real World.' financial literacy curriculum, recognizing April as National Financial Literacy Month.
• OhioCheckbook.com - OpenGov PartnershipcoreTechnology or Integration · 26 March 2019Partnership with OpenGov, a Silicon Valley government technology company, to provide the OhioCheckbook transparency platform enabling residents to view and search local government expenditures in a user-friendly digital format.
• County Governments (Lucas, Ross, Montgomery, Portage, Licking, Logan, Summit, Medina, Hancock, Allen, Ashtabula)coreStrategic or Co-development PartnerSTABLE Account partnerships with multiple Ohio county governments to provide direct deposit options for eligible employees to contribute to STABLE accounts for individuals with disabilities.
• Public and Private Sector EmployerscoreStrategic or Co-development PartnerPartnerships with public and private sector employers to provide eligible employees with direct deposit options for contributing to a STABLE account, expanding access to disability savings programs.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Michigan Department of Treasury: State agency managing Michigan's tax collection, treasury operations, and local government fiscal services — comparable regional peer with similar treasury, municipal finance, and revenue administration functions.
• Florida Department of Financial Services: State agency responsible for Florida's treasury management, unclaimed property, and financial literacy programs — directly comparable in state-level treasury and consumer financial program administration.
• California State Treasurer's Office: Constitutional state officer managing California's treasury, investment portfolios, and public finance programs including bond issuances and local government investment pools — directly comparable in mandate, structure, and program portfolio to the Ohio Treasurer of State.
• Texas Comptroller of Public Accounts: Texas's chief financial officer responsible for state treasury operations, investment management, debt management, and local government fiscal programs — directly comparable in scope, authority, and program breadth to the Ohio Treasurer of State.
• Pennsylvania Treasury Department: State treasurer's office managing Pennsylvania's treasury, investment programs, and ABLE savings for residents with disabilities — directly comparable to Ohio's STABLE Account program and state treasury operations.
• Illinois State Treasurer: Constitutional state officer managing Illinois's treasury, investment portfolios, and programs including ABLE accounts and agriculture lending — directly comparable in mandate and program mix to the Ohio Treasurer of State.
• New York State Comptroller: Elected state officer overseeing New York's treasury, pension fund, and local government fiscal oversight — comparable in managing state investments, local government investment pools, and transparency programs analogous to STAR Ohio and OhioCheckbook.

Others

• OpenGov: Government technology company partnering with the Ohio Treasurer on OhioCheckbook.com; provides transparency, budgeting, and procurement software to state and local governments — an enabling ecosystem partner rather than a competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ohiotreasurer
• YouTubeyoutube.com/channel/UC9yf2BtwBDaL4vOeqHL1aqg
• Facebookfacebook.com/OhioTreasurer
• LinkedInlinkedin.com/company/ohio-treasurer-of-state
• Instagraminstagram.com/ohiotreasurer

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ohio Treasurer of State