Expenditure audit reports for the third quarter of fiscal 2026 are available. See the Audit page for all reports, forms, fiscal policies and procedures, and audit contact information.
Audit
What’s New
Expenditure Audit Reports [posted 08/21/26]
Late Payment Interest Rate for Fiscal 2027 [posted 08/14/26]
For fiscal 2027, the interest rate the state pays on a late payment to a vendor under the state’s prompt payment law will be 7.75 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.
Resources
Policies and Procedures
- Purchase Policies and Procedures
- Payments Policies and Procedures
- Payroll/Personnel Policies and Procedures
- State of Texas Procurement and Contract Management Guide
Reports
Forms
Reference
- Post-Payment Audit Process
- SAM and OFAC Check Instructions PDF
- Comptroller Manual of Accounts
- Deduction Resources [+] (expand/collapse)
- State Employee Charitable Campaign Federations, Managers and Local Campaign Areas (login required)
- Approved State Employee Organizations for Membership Fee Deduction (login required)
- Student Loan Wage Garnishments Payee List (login required)
- Retirement Plan Payees, Addresses, and Texas Identification Numbers (login required)
- Credit Unions Authorized for the Credit Union Deduction (login required)
Subscriptions
See the Fiscal Management Email Subscriptions page to receive updates on recently published audits and other Fiscal Management communications.
Calculators
- Prompt Payment Interest Calculator
- Prompt Payment Due Date and Interest Rate Calculator
- Discount Cost Effectiveness Calculator
Related Articles
Training
Fiscal Management offers a variety of training. Explore your options at Training Center.
Statewide Procurement Division (SPD) also offers a variety of training. Check out these Training Opportunities for Purchasers.