about Infographics

What does the Texas Comptroller do?

What Does the Texas Comptroller Do?

Texas' CHIEF FINANCIAL OFFICER oversees the $150+ billion-a-year enterprise of Texas state government.


Accountant

  • Audits state agency purchases, travel and payroll expenditures.
  • Publishes the state’s annual financial reports.
  • Manages 10 statewide financial and payroll/personnel systems.

Revenue Collector

  • Collects and distributes local sales taxes on behalf of more than 1,200 municipal governments.
  • Conducts tax audits.
  • Monitors and reports state revenue collections.

Treasurer

  • Executes all banking transactions for the state and reconciles state bank accounts.
  • Processes all incoming deposits and returns and executes disbursements.
  • Transfers funds to ensure timely investment of the Treasury Pool by Trust company.
  • Monitors state cash flows and manages state credit rating agency relationships and compliance.
  • Allocates earned interest to state agency funds.

Revenue Estimator

  • Estimates funds available for state spending.
  • Monitors and analyzes the state’s fiscal condition by producing short- and long-term forecasts of various economic indicators.
  • Provides monthly reports on revenue and economic performance.
  • Estimates financial impacts of proposed legislation and agency’s rules.

Governs Statewide Initiatives

  • Texas Education Freedom Accounts
  • Texas Broadband Development Office
  • Texas Bullion Depository
  • State Energy Conservation Office
  • Texas Opioid Abatement Fund Council

And More…

  • State and Local Government Transparency Initiatives
  • Texas Procurement and Purchasing
  • Unclaimed Property
  • College Savings Programs
  • Immigration Enforcement Grants
  • Rural Law Enforcement & Ambulance Service Grants
  • Local Government Bond, Tax and Project Transparency Database

Find more information about the Texas Comptroller of Public Accounts at
Comptroller.Texas.Gov

Kelly Hancock Acting Texas Comptroller of Public Accounts

Download PDF