Office of Comptroller General
Functions of the Office
Chief Financial Officer
The Comptroller General's Office was created in 1800 as "Paymaster" for the purpose of supervising
and accounting for the expenditure of all State funds. The Comptroller General is
the state's Chief Financial Officer and is a member of the State Budget and Control Board.
Payment Pre-Audit and Warrant Issue
A pre-audit of all payments made by the State Treasurer is conducted
by the Comptroller General. These payments include payrolls for
employees of state agencies, as well as, disbursement vouchers and interdepartmental
transfers submitted by state agencies. Upon approval a warrant is issued authorizing
the State Treasurer to make the payment.
Account Maintenance and Reporting
This office creates accounts and maintains accounting controls
for all State agencies and all funds as provided in the General
Assembly's Annual Appropriation Act. The office is also responsible
for statewide financial reporting including audited statewide
financial statements for publication in the State's Comprehensive
Annual Financial Report (CAFR). The CAFR is the primary document
used by bond rating firms in determining the State's bond rating.
Other Responsibilities
Other responsibilities include supervision of the collection
of property taxes, administration of the Homestead Exemption Program,
the new Property Tax Relief Program and the Merchants' Inventory
Exemption Program.