What does the Texas Comptroller do?
Texas' chief financial officer
oversees the $150+ billion-a-year enterprise
of Texas state government.
- Monitors state agency appropriations.
- Audits state purchases, travel and payroll expenditures.
- Publishes the state’s annual financial reports.
- Develop accounting and reporting procedures for state agencies.
- Manages 10 statewide financial and payroll/personnel systems.
- Collects 100 taxes, fees and assessments.
- Collects local sales taxes on behalf of more than 1,700 local governments.
- Issues tax permits, licenses and cigarette stamps.
- Audits taxpayers.
- Provides tax information.
- Monitors and reports state revenue collections.
- Monitors state cash flows and major payments.
- Manages state investments.
- Invests funds for local governments.
- Processes state payments to vendors and employees.
- Deposits money received from state agencies.
- Holds the state’s money.
- Estimates funds available for state spending.
- Certifies that the state’s two-year budget falls within estimated revenues.
- Tracks trends that may affect the economic outlook.
- Monitors and reports on the condition of the Texas economy.
- Estimates financial impacts of proposed legislation and rules.
- Manages statewide contracts available to more than 200 state agencies and universities and almost 1,700 local governments.
- Provides training and certification for over 6,000 purchasers and contract managers at other state agencies and local entities.
- Maintains the Centralized Master Bidders List state agencies use to solicit bids for goods and services.
- Manages state employee credit card program.
- Contracts for airfare, hotels and rental cars associated with state travel.
- Administers the state mail contract.
- Oversees the state vehicle reporting system.
And Much More…
- Prepares the annual Property Value Study used to certify taxable values in Texas school districts.
- Administers the Texas Historically Underutilized Businesses (HUB) Program, encouraging minority-, woman-, and service-disabled veteran-owned businesses to seek state contracts.
- Manages the State Energy Conservation Office, which provides grants and expertise for energy-efficiency projects at state agencies and local governments.
- Administers the state’s unclaimed property program, which returns abandoned cash and other property to its rightful owners.
- Presides over the Texas Prepaid Higher Education Tuition Board, administering the state’s college savings programs.
- Manages IRC Sec. 529A savings plan for individuals with disabilities.
- Leads state government and local government transparency efforts.
- Maintains dashboards with transparency tools that show Texans how taxes are used.
- Manages the Texas Broadband Development Office to promote economic growth, education and health care by enabling fast, reliable and affordable broadband connectivity for all Texas residents and businesses.
- Administers funds collected from legal settlements to support the goals of the Texas Opioid Abatement Fund Council.
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Texas Comptroller of Public Accounts