Kansas State Treasurer's Office

What Kansas State Treasurer's Office does

The Kansas State Treasurer's Office is the constitutionally established state agency responsible for the fiscal operations of the State of Kansas, headquartered in Topeka with a staff of 16. Operating continuously since 1874 and serving as the 42nd State Treasurer since January 9, 2023, Steven Johnson leads the office. The office's core functions are organized across three principal service lines: a Bonds Department that has served as registrar and paying agent for Kansas municipal bonds since 1908 and is currently fee-funded; a Financial Services division administering the Linking Investments to Developing Kansas Savings (KIDS) program, 529 college savings, ABLE disability savings, and other state-sponsored savings vehicles; and an Unclaimed Property program that reunites abandoned assets with Kansas residents.

The office's products and underlying infrastructure are predominantly administrative and statutory rather than technology-built. The Bonds Department manages more than $13 billion across more than 2,200 active municipal bond issues — including bonds for counties, cities, school districts, and other Kansas public entities — and has operated on a fully fee-funded basis since July 2000. Loan deposit programs provide low-interest financing to Kansas farmers, ranchers, and other eligible borrowers, while partnerships with Ascensus, Vestwell, and similar program managers enable statewide distribution of 529, ABLE, and KIDS savings products without corresponding in-house technology build-out. Recent additions such as the City Utility Low-Interest Loan Program (post-February 2021 winter weather event), the Home in the Heartland grant, the Kansas Collateral Pool (2025), and the Build Kansas Advisory Committee indicate expanding programmatic scope.

The office's business model is bifurcated. The Bonds Department operates on a fee-for-service model funded by charges to bond issuers, while the remainder of the office is supported by state appropriations. It does not generate profit; it administers public fiduciary duties on behalf of Kansas citizens, municipalities, counties, school districts, banks holding public deposits, agricultural producers, nonprofits, and tribal governments. Its go-to-market is structurally statutory rather than commercial — services are offered by mandate to all eligible Kansas public entities — and customer acquisition is effectively zero-cost. Pricing is determined by statutory fee schedules for bond services, with no commercial pricing model for savings or unclaimed property programs.

Name

Kansas State Treasurer's Office

Legal name

Kansas State Treasurer's Office

Website

https://treasurer.ks.gov

Company type

Private

Founded year

1874

Operating status

Operating

Short description

The Kansas State Treasurer's Office is the constitutionally established Kansas state agency, headquartered in Topeka, that administers municipal bond services, unclaimed property, and state-sponsored savings programs for Kansas citizens, municipalities, counties, school districts, and banks.

Ownership category

akta.pro rank

Product category

State Government Treasury Services

NAICS

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

SIC

Finance Services (6199), Functions Related To Depository Banking, Nec (6099)

akta.pro primary industry

State/Provincial Treasury, Budget & Fiscal Management (BPAIABAC)

akta.pro secondary industries

Treasury & Cash Management (BPAIAEAB), Public Debt Management (BPAIAEAC)

Keywords

• Public treasury services
• Municipal bond administration
• Unclaimed property recovery
• Education savings programs
• State cash management

Headquarters

HQ city

Topeka

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, Marketing or Sales, Infrastructure, Others

Revenue model

1. Bond Services Fees: Fee-funded municipal bond registration, servicing, and payment agent services. The Bonds Department became totally fee funded in July 2000.
2. Kansas Economic Recovery Loan Deposit Program: State Treasurer places $60 million in state idle funds for low-interest loans to small commercial or agricultural businesses through Kansas banks, credit unions, and farm credit associations.
3. Kansas Agricultural Production Loan Deposit Program: Program enabled $55 million in low-interest loans for qualified farmers, with State Treasurer placing funds in Kansas banks and farm credit associations.
4. Kansas Housing Loan Deposit Program: Provides $60 million in low-interest loans to qualified builders and developers for housing development in Kansas.
5. Kansas Collateral Pool: Created by 2025 legislature to secure public moneys in Kansas banks through a pooled collateral method for state and local government deposits.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

The Kansas State Treasurer's Office serves as the Chief Banker of the State of Kansas, providing banking, investment, and cash management for state government. It administers a portfolio of programs including municipal bond registration and servicing (2,200+ issues exceeding $13 billion), unclaimed property recovery, savings programs (Quest529, ABLE), and linked-deposit loan programs for economic recovery, agriculture, and housing.

Product overview

The Kansas State Treasurer's Office operates as a unified portfolio of financial services programs rather than a single product. The core offerings include: (1) Savings Programs - Quest529 education savings, ABLE Savings for individuals with disabilities, Scholarshop scholarships, KIDS Matching Grants, First-Time Home Buyer Savings, and Adoption Savings; (2) Financial Services - Municipal Bond Services, Cash Management, and various loan deposit programs (Economic Recovery, Agricultural Production, Housing, City Utility, Extraordinary Utility Costs); (3) Unclaimed Property Division; (4) Kansas Collateral Pool for securing public deposits; (5) Grant Programs - Home in the Heartland and Build Kansas Advisory Committee; and (6) Financial Empowerment resources including Women & Money events. These programs are administered through the central State Treasurer's Office with digital portals for searching unclaimed property, distributions, and collateral information.

Differentiator

Problem solved

Functional benefit

Brands

• Quest529 Education Savings Program: A 529 College Savings Plan offering education savings accounts to help pay higher education expenses
• ABLE Savings
• Build Kansas Advisory Committee
• Home in the Heartland Grant Program
• Kansas Collateral Pool
• Women & Money

Products and services

• Unclaimed Property Division Program that receives and tracks unclaimed properties from businesses while working to find rightful owners and heirs, searchable through the missingmoney.ks.gov portal.
• Municipal Bond Services Registration and servicing of municipal bonds, acting as fiscal agent for the State of Kansas since 1908 and registrar and transfer agent for Kansas registered form municipal bonds, servicing 2,200+ issues totaling $13 billion+.
• Cash Management Services Division Handles receipt and deposit responsibilities and payment of warrants for state funds, managing all public moneys paid to the state treasury.
• Kansas Collateral Pool Program created by the 2025 legislature (HB2152) providing a pooled method of collateral to secure public moneys in Kansas banks, protecting taxpayer dollars deposited by state, cities, counties, schools, and other public entities.
• Kansas Economic Recovery Loan Deposit Program Program providing $60 million in state idle funds for low-interest loans up to $250,000 to small commercial or agricultural businesses, administered through Kansas banks, credit unions, and farm credit associations.
• Kansas Agricultural Production Loan Deposit Program Program providing $55 million in low-interest loans to qualified farmers through Kansas banks and farm credit associations, with loans up to $250,000 for farmers with debt-to-asset ratio of 40% or greater.
• Kansas Housing Loan Deposit Program Program providing $60 million in low-interest loans to qualified builders and developers for housing development in Kansas, with loan terms up to 5 years for dwellings and up to 20 years for adult care and assisted living homes.
• Kansas Extraordinary Utility Costs Loan Deposit Program Program providing loans up to $500,000 to wholesale natural gas customers that incurred extraordinary costs due to February 2021 winter weather, authorized for up to 3 years at rates 2.00% below market.
• Home in the Heartland Grant Community Talent Recruitment Grant Program supporting local efforts to attract new households earning at least $55,000/year to relocate to Kansas, with grants up to $250,000 per community.
• Kansas Financial Empowerment Classes Free financial education classes for Kansas foster youth and the general public covering building savings, growing wealth through investing, and protecting personal savings, offered in partnership with KCEE and DCF.
• Women & Money Program Financial empowerment events and resources specifically designed for women, offered through the State Treasurer's Office.
• Kansas First-Time Home Buyer Savings Program Savings program designed to help Kansans save toward purchasing their first home.
• Adoption Savings Program Savings program supporting Kansas families pursuing adoption by helping them save for adoption-related expenses.
• Quest529 Education Savings Program A 529 College Savings Plan administered by the State Treasurer's Office offering education savings accounts to help Kansans pay for higher education expenses.
• ABLE Savings Program Achieving a Better Life Experience (ABLE) program allowing individuals with disabilities and their families to save in tax-advantaged accounts for disability-related expenses.
• Scholarshop Scholarship program offered through the State Treasurer's Office to help Kansans afford educational goals and future dreams.
• KIDS Matching Grant Program Matching grant program helping Kansas families save for children's educational expenses.

Quantifiable outcome

• 2,200+ municipal bond issues serviced
• +5 more outcomes

Named customers10 records

Segments7 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered core and moderate.

• Kansas Council on Economic Education (KCEE)coreStrategic or Co-development PartnerPartnership to offer Kansas foster youth and the general public financial empowerment classes covering building savings, growing wealth through investing, and protecting personal savings.
• Kansas Department for Children and Families (DCF)coreStrategic or Co-development PartnerPartner in financial empowerment class initiative for Kansas foster youth and families.
• Kansas Council on Developmental Disabilities (KCDD)coreStrategic or Co-development PartnerPartner in offering specialized financial empowerment classes for Kansas foster youth living with a disability, including information on Kansas ABLE Savings Accounts.
• Kansas Infrastructure HubcoreImplementation/ SI/ Consulting PartnerCollaborative entity for Build Kansas matching grant fund applications and administration, operating under the joint committee on Build Kansas.
• Build Kansas Advisory CommitteecoreStrategic or Co-development PartnerJoint legislative committee created in 2023 with 10 members (5 senators, 5 house representatives) to oversee the Build Kansas matching grant fund and infrastructure projects.
• Pooled Money Investment BoardcoreStrategic or Co-development PartnerState board that handles investment of State idle funds and places economic recovery linked deposits with eligible institutions.
• National Association of State Treasurers (NAST)moderateStrategic or Co-development PartnerProfessional association for state treasurers. Steven Johnson serves on the NAST board of directors.
• College Savings Plan Network (CSPN)moderateStrategic or Co-development PartnerNational organization for 529 college savings plans. Steven Johnson serves as Chair of CSPN.
• Kansas County TreasurerscoreChannel Partner/ Reseller/ DistributorNetwork of county treasurer offices across Kansas providing local services including vehicle registration and property tax collection.
• Kansas Bankers AssociationmoderateChannel Partner/ Reseller/ DistributorProfessional association for Kansas banks. Treasurer Johnson speaks to the KBA as part of outreach.

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Texas Comptroller of Public Accounts: Texas' chief financial officer with combined treasurer/comptroller functions, managing state treasury operations, unclaimed property, and local debt administration — directly comparable in mandate to the Kansas State Treasurer's Office.
• California State Treasurer's Office: California's state treasurer administering bond issuance, public finance, savings programs (ScholarShare 529), and unclaimed property — a direct functional equivalent to the Kansas State Treasurer's Office in a much larger state context.
• New York State Comptroller: New York's combined treasurer/comptroller office managing state funds, retirement systems, and local government services — providing treasury and fiscal oversight functions parallel to those of the Kansas State Treasurer's Office.
• Florida Department of Financial Services: Florida's chief financial officer agency serving as state treasurer, fire marshal, and insurance regulator — performing unclaimed property, treasury, and financial services functions similar to the Kansas State Treasurer's Office.
• Ohio State Treasurer: Ohio's elected state treasurer managing the state's investment portfolio, debt issuance, and unclaimed property — directly comparable in elected-officer structure and core treasury functions.
• Pennsylvania Treasury Department: Pennsylvania's state treasury administering 529 college savings, unclaimed property, and cash management programs — a direct functional peer operating similar savings and treasury programs.
• Illinois State Treasurer: Illinois' elected state treasurer operating Bright Start 529, unclaimed property (ICash), and investment programs — directly comparable in elected-officer structure and savings/unclaimed property portfolio.
• Massachusetts State Treasurer: Massachusetts' state treasurer managing U.Fund 529, unclaimed property, and ABLE savings — directly comparable in administering multiple state-sponsored savings programs and treasury operations.

Others

• National Association of State Treasurers (NAST): Professional association for state treasurers where Kansas Treasurer Steven Johnson serves on the board — an ecosystem/peer-organization rather than a direct competitor, but directly comparable to all state treasuries.
• College Savings Plan Network (CSPN): National organization for 529 college savings plans, chaired by Kansas Treasurer Steven Johnson — an ecosystem peer directly tied to the Kansas State Treasurer's Quest529 program.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

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 Kansas State Treasurer's Office