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For example, the state comptroller: Serves as sole trustee of the $267.36 billion New York State Common Retirement Fund (assets under management as of close of the 2024 fiscal year), [4] making the State Comptroller and his or her Department of Audit and Control one of the largest institutional investors in the world;
The word is a variant of "controller". The "cont-" or "count-" part in that word was associated with "compt-", a variant of the verb "count". The term, though criticized by lexicographers such as Henry Watson Fowler, [1] is probably retained in part because in official titles it was deemed useful to have the title dissociated from the word and concept "control".
The comptroller serves as a check on the mayor, and is arguably the second most important elected official in New York City after the mayor. [2] In order to carry out the myriad duties and functions assigned to the office by law, the comptroller employs a staff of 800 people and maintains an operating budget of over $100 million. [2] [5]
In the case of the Illinois comptroller and West Virginia state auditor, these elected state auditors also serve as financial controllers of state agencies. To the contrary, New Jersey's state comptroller functions as an inspector general for the executive branch of state government and is a member of the governor's cabinet.
The bursar often reports to a comptroller. For example, Barnard College employs an Associate Comptroller–Bursar. [2] In other cases, the bursar has the same level as the comptroller, and both report to the director or vice president of finance. Some universities in the United States still have a director of student financial services whose ...
This is a list of U.S. statewide elected executive officials.These state constitutional officers have their duties and qualifications mandated in state constitutions. This list does not include those elected to serve in non-executive branches of government, such as justices or clerks of the state supreme courts or at-large members of the state legislatures.
The primary duties of the comptroller's office are to collect substantially all tax revenue owed to the State of Texas (this involves more than 60 different types of taxes from the sales tax-- the largest source of the state's tax revenue, since Texas does not have a personal income tax-- to minor items such as the "battery sales fee" -- a $2–$3 fee on sales of lead-acid batteries) and to ...
The constitutional duties of the office begin with the broad mandate to exercise "general superintendence of the fiscal affairs of the State", which includes maintaining the general ledger. To this end, the comptroller prescribes and operates the statewide accounting system, administers payroll to state employees, and prepares the state of ...