State Treasury Asset Reserve

 

 Investor Data

 

STAR Ohio

The State Treasury Asset Reserve of Ohio (STAR Ohio) is an investment pool that allows government subdivisions—from municipalities to school districts—to invest in high-grade, short-term securities, while offering safety, penalty-free liquidity and comparatively higher yields.

Since 1995, STAR Ohio has maintained Standard & Poor’s highest rating (AAAm), demonstrating a long history of soundness and security. The fund generally offers higher yields than comparable investment vehicles because of the increased earning power of a sizable pool.

The Ohio Treasurer's Office administers STAR Ohio. The investment objectives of STAR Ohio are the preservation of capital, the maintenance of liquidity, and the provision of current income. 

 


STAR Plus

STAR Plus is an additional deposit option for cash reserves - offering security, competitive yield, and next day liquidity. The Ohio Treasurer's Office endorses STAR Plus, but does not administer the program."

STAR Plus enables all STAR Ohio participants—counties, cities, school districts, townships, political subdivisions—to generate a competitive yield on cash deposits in a network of carefully selected FDIC-insured banks via a single, convenient account. STAR Plus offers attractive yields with no market or credit risk, penalty free withdrawals, and seamless integration with an existing STAR Ohio account.

STAR Plus meets public fund managers’ needs for cash to be flexible and more than a transaction account. STAR Plus is strategically designed to complement the STAR Ohio program for the public fund manager that seeks to potentially improve overall portfolio yield.

STAR SMA (State Treasury Asset Reserve Separately Managed Account) serves as an investment option for eligible Ohio government subdivisions and is managed and administered by the Ohio Treasurer’s office in addition to STAR Ohio and STAR Plus.

In 2017, the General Assembly modified Ohio Revised Code Chapter 135 to authorize the Treasurer’s Office to invest Ohio government subdivision’s excess reserves in separately managed accounts that allow for a broader menu of investment options and a longer portfolio duration.

A government subdivision’s excess reserves is the amount of the subdivision’s public monies that exceed the three year average of the annual general operating expenses in the subdivision’s general fund balance as reported in their prior fiscal year’s financial report.

To learn more about STAR SMA, call the Treasurer’s office at 614-466-3511.


QUESTIONS

STAR Ohio / STAR Plus
Phone: 1-800-648-STAR (7827)
Fax: 614-923-1149
[email protected]

Or

State Treasurer’s Office
1-800-228-1102, option #4
[email protected]


AUDIT CONFIRMATIONS

STAR Ohio
P.O. Box 7177
Dublin, OH 43017
Fax: 614-923-1149 / email: [email protected] 


STAR Ohio Check Deposits 

STAR Ohio
PO Box 46794
Cincinnati, OH 45246-0794


ALL OTHER STAR MAIL

STAR Ohio
P.O. Box 7177
Dublin, OH 43017