Treasury Services

Treasury Services is a key component of UTMB’s Finance division and is comprised of three core functions: Treasury, Bursar/Cash Office and Supplier Management. These units collaborate closely with Accounts Payable, Payroll and various other departments within the organization to ensure effective management of financial operations across the institution

  • Treasury team oversees the management and coordination of UTMB's banking relationships, cash operations, endowment accounting, and debt and investment management. This includes banking services, credit card services, cash management and debt financing. The centralized management of these services ensures consistent service delivery, robust disaster recovery protocols and enhanced control measures.
  • Bursar/Cash Office serves as a central hub for financial transactions, ensuring efficient and accurate handling of payments and funds. It oversees patients and student payments, clinic deposits, and change funds.
  • Supplier Management is responsible for the creation, updating, verification and maintenance of UTMB’s vendors, while ensuring compliance with the policies and procedures established by the University.

Security of credit card information is of great concern, and you are encouraged to read Protecting the Security of Credit Card Information. 

Our goal is to provide UTMB with high-quality, cost-efficient business solutions for all business needs.

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Divisions:

Bursar's / Cash Office
Supplier Management

Services & Contact Information

General Treasury Services

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  • Banking Relationship Management
    • Management of all UTMB subsidiary and related entity bank accounts
    • Compiling, issuing and evaluating all Requests for Proposal with regards to any and all banking and cash operations services
  • Forms

    Credit Card Terminal Installation Evaluation/Setup Sheet

    Web Commerce Application

  • Fund Movement

    To establish the daily cash position of UTMB, Treasury Services has the following responsibilities with regards to fund movement between and among bank accounts maintained by the university:

    • Oversight and management of all transfer of funds originated on behalf of UTMB for general business purposes
    • Appropriately funding disbursement accounts for UTMB obligations
    • Moving depository funds for investment purposes
  • Debt Management

    Treasury Services has the following responsibilities for UTMB debt management activity:

    • Monitors the debt structure of UTMB and financing conditions in the capital markets
    • Coordinates compliance for all UTMB debt issues
    • Organizes payment of debt service for commercial paper and RFS debt instruments
    • Participates in the financing and funding of capital projects
    • Manages the debt service forecast for distribution to UTMB and U.T. System leadership
    • Manages the accounting for Commercial Paper, RFS and TRB debt service
  • Debt Financing

    U.T. System Debt Overview

    • UT System borrows on behalf of UTMB to finance construction cash flows or the acquisition of capital assets related to projects

    • All debt is issued in the name of the Board of Regents and issued centrally on behalf of the UT System institutions through the Office of Finance

    • The Board of Regents approves a project to be added to the CIP and for final approval. Projects must be approved by the Regents if they are new capital projects or renovation projects in excess of $4 million or to be funded in whole or in part by debt regardless of the amount
    • UT System can issue debt under three programs:
      • Revenue Financing System ("RFS")
      • Permanent University Fund ("PUF")
      • Higher Education Assistance Fund ("HEAF")
    • Commercial Paper and Tuition Revenue Bonds (TRB) are issued under the RFS program but are secured by the same pledge. TRB's are secured by the same pledge of all legally available revenues of the System; however the expectation is that the State will reimburse TRB debt service with general revenue
    • The Revenue Financing System (RFS) is a cost-effective debt program secured by a system-wide pledge of all legally available revenues for debt issued on behalf of all 15 institutions and System Administration

Contact UTMB Finance - Treasury Services

  • Cash Reporting and Accounting
  • Cash Investments
  • Disbursements and Reporting
  • Endowment Accounting
  • Tuition Revenue Bonds
  • Revenue Financing Bonds
  • UTMB Debt and Cash Forecasting/Investing 

Email: Finance-Treasury@utmb.edu
Phone: (409) 747-7207
Fax: (409) 747-7241