What does the Texas Comptroller do?

Texas' chief financial officer oversees the $150+ billion-a-year enterprise of Texas state government.

Accountant

• 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.

Tax Collector

• 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.

Treasurer

• 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.

Revenue Estimator

• 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.

Purchaser

• 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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