State Disbursing

Pursuant to State Statute, the State Controller administers the State disbursing system and for this purpose and by authority of State Statute: prescribes the manner in which disbursements of State agencies are made; keeps a record of the appropriations, allotments, expenditures, and revenues of each State agency; makes appropriate reconciliations with the balances and accounts kept by the State Treasurer, and prepares and submits reports summarizing by State agency the results of financial transactions. The State disbursing system has several components: