The Comptroller in Texas is an important role that is responsible for managing the state’s finances. But what exactly does this position involve? And why is it so important for the state of Texas?
Duties of Comptroller in Texas
First of all, the Comptroller in Texas is in charge of collecting taxes from businesses and individuals. This includes everything from sales tax to franchise tax, and it’s a big job! In fact, the Comptroller’s office collects around $60 billion in taxes each year.
But collecting taxes is just the beginning. The Comptroller also manages the state’s investments, keeps an eye on state spending, and makes sure that all of the state’s financial transactions are above board.
But why is all of this important for Texas? Well, for one thing, it helps to keep the state running smoothly. When the Comptroller collects taxes and manages the state’s finances, it ensures that there is enough money to fund important programs like education, healthcare, and public safety.
Additionally, the Comptroller also plays a role in promoting economic growth in the state. By keeping an eye on the state’s finances and making sure that money is being spent wisely, the Comptroller can help to create a more stable and prosperous environment for businesses and individuals alike.
But perhaps most importantly, the Comptroller helps to keep the state accountable to its citizens. By publishing financial reports and making sure that the state’s spending is transparent, the Comptroller helps to ensure that citizens can trust their government to be responsible with their money.
Importance of Comptroller in Texas
So the next time you hear about the Comptroller of Texas, remember that this is an important role that plays a big part in keeping the state running smoothly and promoting economic growth. And that is why it’s so important for the state of Texas!
As you can see, the Texas Comptroller of Public Accounts, currently held by Glenn Hegar, plays a vital role in the state’s finances and economic well-being. The Comptroller’s office serves as the state’s chief tax collector, accountant, revenue estimator, treasurer, and purchasing officer. The comptroller is responsible for managing the state’s finances, ensuring that taxes are collected and spent appropriately, and providing financial transparency to citizens.
The Comptroller’s office also receives, disburses, counts, safeguards, records, allocates, manages, and reports on the state’s cash, and chairs the state’s Treasury Safekeeping Trust which invests and oversees more than $50 billion in assets. The comptroller also supervises the quality of accounting and financial reporting of an organization.
Texas comptroller of public accounts salary
The salary of the Texas Comptroller of Public Accounts can vary widely, with the average salary ranging from approximately $40,160 per year for a Client Services Specialist to $110,637 per year for a Delivery Manager. The median salary for the agency is $68,215, and the average compensation rate for non-executive CPA employees is $68,382. Compliance Officer salaries range from approximately $76,581/yr, and Estimator salaries range from approximately $1579 per month to $7576 per month.
Texas comptroller of public accounts job description
In summary, the Texas Comptroller of Public Accounts, led by Glenn Hegar, is a crucial position in the state’s government. The Comptroller serves as the state’s chief financial officer, responsible for managing the state’s finances, including receiving, disbursing, counting, safeguarding, recording, allocating, and reporting on the state’s cash. The Comptroller also chairs the state’s Treasury Safekeeping Trust, which invests, manages, and oversees more than $50 billion in assets.
The Comptroller’s office offers job opportunities for those interested in working in the state’s finance, and competitive salaries are offered. The job opportunities are posted on the statewide CAPPS Recruit job listing resource, and the Texas Comptroller of Public Accounts is elected by the people of Texas every four years. Glenn Hegar was elected in 2014 and is currently serving his term.