For fiscal 2026, the interest rate the state pays on a late payment to a vendor under the state’s prompt payment law will be 8.5 percent. The interest calculation is one percentage point higher than the prime rate published in the Wall Street Journal on the first business day of July.
See Interest Rate on eXpendit (FPP I.005) for more information.
[posted 08/08/25]
The 89th Legislature updated Article IX of the General Appropriations Act (GAA); changes take effect Sept. 1. See Changes to Article IX of the GAA and Other Bills of Interest to State Agencies (FPP F.008) for a summary of GAA changes and other legislation that affects state agencies.
[posted 08/08/25]
The 89th Legislature, Regular Session, updated:
See Legislative Changes Affecting Salary Administration, 89th Legislature (FPP F.021) for more information.
[posted 08/08/25]
The USAS annual cash-basis close for fiscal 2025 occurs Aug. 29.
The fiscal year-end close process requires shutting down the statewide fiscal systems. See Master Schedule of Year-End Close Events for more information, including:
[posted 08/08/25]
Institutions of higher education must report certain information about jobs and reappointments at the beginning of each fiscal year. Submit reappointment information via electronic file transfer (EFT) by:
The HRIS September maintenance deadline is Oct. 7. See HRIS Higher Education Reporting Procedures for Reappointments (FPP M.003) for reappointment details and instructions.
[posted 08/08/25]
Aug. 27 is the general revenue (GR) reimbursement deadline for statewide allocated costs for agencies listed in the Fiscal 2024 Agency Statewide Cost Allocation Plan by Method of Finance.
See General Revenue Reimbursement for Statewide Allocated Costs (FPP A.022) for instructions, contacts and forms.
[posted 08/08/25]
The 89th Legislature updated salary administration provisions of the General Appropriations Act (GAA), so the Comptroller’s office has issued:
See Reason Code Resources and Classification Salary Schedules (FPP R.022) for more information and to download a PDF.
[posted 08/01/25]
The 2025 Equal Employment Opportunity (EEO)-4 Report summarizes state agency hiring practices. The governor’s office uses data from the biennial report (agency detail and summary reports) to comply with U.S. Equal Employment Opportunity Commission reporting requirements.
Final copies of the 2025 EEO-4 Report will be available to agencies via electronic file transfer on Aug. 21. Agencies must:
See Equal Employment Opportunity (EEO)-4 Report (FPP G.003) for more information.
[posted 08/01/25]
The 89th Legislature, Regular Session, provided appropriation for a salary increase for licensed attorneys in certain positions in fiscal 2026. See Appropriations for the Salary Increase Allocation for Certain State Positions (FPP A.009) and Guidelines for the Salary Increase for Certain State Positions (FPP F.017) for more information.
[posted 08/01/25]
An accounting policy meeting about AFR highlights and deadlines, payment and travel cards, and recent legislation will be held Aug. 14, 10 a.m.–noon. Attend the presentation in person or online (via webinar).
See the Accounting Policy Meetings page for more information.
[posted 08/01/25]
A combined CAPPS HR/Payroll and Financials user group meeting will be held Aug. 21, 9–11 a.m.
See CAPPS HR/Payroll User Group Meetings or CAPPS Financials User Group Meetings for more information.
[posted 08/01/25]
All general revenue (GR) consolidated and full reporting agencies must complete and submit every Governmental Accounting Standards Board (GASB) questionnaire by Aug. 15. The GASB Questionnaires page on the AFR website provides:
Contact your agency’s financial reporting analyst with questions about any GASB questionnaire.
[posted 08/01/25]
All proceeds from the sale of surplus property, equipment and commodities must be deposited to general revenue (GR) in appropriation 99908.
An agency may 25 percent of the surplus property receipts to a direct strategy appropriation for GR Fund 0001 expenditures during the same fiscal year.
See Proceeds from the Sale of Surplus Property (FPP A.032) for more information.
[posted 07/25/25]
State agencies (and institutions of higher education reporting to SPA) must annually reconcile SPA ending balances with their annual financial reports (AFRs).
Deadlines for certification in the Capital Asset Note Submission System (CANSS) web application are:
See Instructions for the CANSS Web Application for more information.
Contact your SPA analyst with questions about SPA or SPA/CANSS variances.
[posted 07/25/25]
Enter property transfers in SPA by Sept. 20 so GR consolidated agencies can complete their fiscal year-end reconciliations.
Universities that do not report to SPA must follow AFR reporting requirements for:
See Transferring Property in the SPA Process User’s Guide for complete instructions.
[posted 07/25/25]
On Aug. 1, the General Revenue Reimbursement of Statewide Allocated Costs form and Federal Funds Reimbursement Calculation form are due for agencies listed in the Fiscal 2024 Agency Statewide Cost Allocation Plan by Method of Finance.
See General Revenue Reimbursement for Statewide Allocated Costs (FPP A.022) for instructions, contacts and forms.
[posted 07/25/25]
