What’s New on FMX?

For state agencies and institutions of higher education, the monthly and twice-monthly payrolls are due by the seventh workday before payday.

Submitting payrolls to the Comptroller’s office on or before the due dates ensures adequate processing time for direct deposits and warrant distribution.

See Payroll Due Dates and Direct Deposit Schedules (FPP E.030) for more information, including the fiscal 2027 payroll due dates and direct deposit schedule.

A combined CAPPS HR/Payroll and Financials user group meeting will be held May 28, 9–11 a.m.

See CAPPS HR/Payroll User Group Meetings or CAPPS Financials User Group Meetings for more information.

On June 4, the General Revenue Reimbursement of Statewide Allocated Costs form and Federal Funds Reimbursement Calculation form are due for agencies listed in the Fiscal 2025 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.

Unclaimed property transferred to the state includes property that might belong to state agencies or institutions of higher education. Money not claimed by May 31 will be deposited into unappropriated general revenue.

See Unclaimed Property Annual Notification for more information, including contact information for the Comptroller’s Unclaimed Property Division.

The following Financial Reporting reference topics have been updated with fiscal 2025 information:

• Summary of Federal Expenditures by State Agency — includes Notes to the Schedule of Expenditures of Federal Awards (SEFA).
• Single Audit Report Package for Texas — completed in conjunction with the State Auditor’s office.

Email sefa@cpa.texas.govwith questions.

May is Direct Deposit Month, a yearly reminder that direct deposit payments save the state money and offer a safe, convenient method of payment to the state’s payees. Each agency should review its direct deposit practices to protect itself and its customers.

See Promoting Direct Deposit for more information.

Security coordinators are required to certify that their records are up to date through a semiannual security verification process that is concurrent for all Fiscal Management applications.

• Review the instructions for the Semiannual Verification of Users’ Security Access Levels (FPP K.009) (login required).
• Download and review the Agency Security Coordinator Reports (login required).
• Complete and return the Attestation form (73-326) to the Comptroller’s office by May 14.

If you have questions, email ssa.security@cpa.texas.gov.

An accounting policy meeting will be held May 27, 10 a.m.–noon. Topics include:

• Preparation for USAS automated profile rollovers.
• Texas bond issuance and associated working capital cash flow.
• AFR Note 6, bond indebtedness.
• GASB Statement No.104, Capital Assets Held for Sale.

Attend the presentation in person or online (via webinar). See the Accounting Policy Meetings page for more information.

Expenditure audit reports for the first quarter of fiscal 2026 are available. See the Audit page for all reports, forms, fiscal policies and procedures, and audit contact information.