Managing Louisiana’s Investments and Creating Wealth for Generations

With over $13.8 billion in market value of investment securities in more than 25 portfolios, the Investment Division of the Department of Treasury is responsible for the receiving, investing, and safekeeping of all public monies of the State. On any given day, hundreds of millions of dollars pass through the state's Central Depository Account—the core of the state's management program.

As the state's Chief Investment and Banking Officer, the Treasury Department manages the state's cash flow ensuring funds are available when needed and investing remaining dollars to grow the state's wealth.

The Department of Treasury's Investments Division Earned $44.8 million for the State on General Fund Investments in FY 2021.

Millennium Trust Fund

Established by the Louisiana Legislature in 1999 from tobacco settlement proceeds, the Millennium Trust Fund provides funding to the:

Health Excellence Fund - for children's health care, school-based clinics, and early childhood prevention programs.

Education Excellence Fund - to prepare at-risk children for school and assist children to achieve scores on tests required to advance.

Taylor Opportunity Program for Students (TOPS) - provides scholarships to eligible Louisiana students attending a Louisiana college or university.

Louisiana Fund - for children's health initiatives and direct health care services for tobacco related illnesses.

At the end of FY 2021, the market value of the Millennium Trust Fund was $1.69 billion with a cost value of $1.44 billion.

Kevin P. Reilly, Sr. Louisiana Education Quality Trust Fund (LEQTF)

Established by the Legislature in 1986 as a special trust fund in the Treasury, the LEQTF Fund provides support to K-12 and higher education in Louisiana. Named for the late former State Representative Kevin P. Reilly, Sr. of Baton Rouge and commonly referred to as the 8(g) fund, the fund receives proceeds through the Federal Outer Continental Shelf Lands Act.

LEQTF's market value at the end of FY 2021 was $1.673 billion, with a cost value of $1.432 billion.

Transportation Trust Fund (TTF)

Established in 1990, the Transportation Trust Fund is a special fund in the Treasury authorizing the Louisiana State Bond Commission to issue bonds from gas and fuels tax revenues.

Medicaid Trust Fund for the Elderly

A special permanent trust fund in the Treasury created by the Legislature in 2000, investment earnings from the fund are used for services of the state's Medicaid program.

The market value of the Medicaid Trust Fund at the end of FY 2021 was $1.8 million.