For fiscal 2025, the interest rate the state pays on a late payment to a vendor under the state’s prompt payment law will be 9.50 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 08/09/24]
Fiscal 2024 third-quarter expenditure audit reports are available. See the Audit page for forms, fiscal policies and procedures, and audit contact information.
Subscribe via GovDelivery for quarterly email notifications of audit reports posted.
[posted 08/09/24]
Effective Aug. 15, the Vendor Hold Search web tool will be decommissioned. Staff from state agencies and institutions of higher education who use this tool to search for vendor hold status must instead use TINS resources to verify vendor hold status.
See Debtor Hold Extract File on TexPayment Resource for information on how the file can be used to search for vendor hold status.
See Information Request (IR) RITM0743327 for more information about the decommission.
Contact Payment Services with questions.
[posted 08/09/24]
Aug. 30 is the third- and fourth-quarter general revenue (GR) reimbursement deadline for statewide allocated costs for agencies listed in Fiscal 2023 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 08/09/24]
The USAS annual cash-basis close for fiscal 2024 occurs Aug. 30.
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 08/09/24]
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 08/09/24]
Junior/community colleges must certify estimates of state matching contribution funds for employees participating in the Optional Retirement Program (ORP) by Aug. 15.
See Annual Estimate of Optional Retirement Program (ORP) State Contributions (FPP A.003) for complete information including instructions and forms.
[posted 08/06/24]
The Comptroller’s office is proud to announce the launch of new logos for CAPPS. Certain CAPPS-related web pages and system interfaces will also be rebranded with a fresh, modern look. These changes begin rolling out Sept. 1, with CAPPS-based training documentation and other materials to be updated in phases.
No changes are required for CAPPS Central agencies. For CAPPS Hub agencies using the current logo, the September Hub package will include the new design. All agencies may request updated images earlier by submitting a service request ticket.
[posted 08/02/24]
Beginning Sept. 2, the following AFR-related reports will be available via secure file transfer protocol (SFTP):
Agencies may save or print their reports daily, Monday through Friday. Each day’s information is replaced on the following business day by the next transmission.
Contact your financial reporting analyst for more information.
[posted 08/02/24]
A combined CAPPS HR/Payroll and Financials user group meeting will be held Aug. 22, 9 – 11 a.m.
See CAPPS HR/Payroll User Group Meetings or CAPPS Financials User Group Meetings for more information. The agenda for each meeting will be available a few days before the meeting.
[posted 08/02/24]
