Part 1. COMPTROLLER OF PUBLIC ACCOUNTS
Chapter 5. FUNDS MANAGEMENT (FISCAL AFFAIRS)
Subchapter N. FUNDS ACCOUNTING--ACCOUNTING POLICY STATEMENTS
The Comptroller of Public Accounts (comptroller) adopts an amendment to §5.160, concerning Incorporation by Reference: Accounting Policy Statements 2008 - 2009, without changes to the proposed text as published in the March 14, 2008, issue of the Texas Register (33 TexReg 2264).
The accounting policy statements are issued to provide procedures and guidelines to state agencies for the effective operation of the Uniform Statewide Accounting System (USAS) and for preparation of the annual financial report. Each accounting policy statement contains legal references, a background section, comptroller requirements and state agency requirements, and division contact if more information is needed. Section 5.160 is also being amended to correct the applicable biennium years and the effective date of the accounting policy statements.
No comments were received regarding adoption of the amendment.
The amendment is adopted under Government Code, §§403.011, 2101.012, 2101.035, and 2101.037 which provide the comptroller with the authority to prescribe rules and procedures relating to the operation of the Uniform Statewide Accounting System, the preparation of the annual financial report and supervising the state's fiscal concerns.
The amendment implements Government Code, §§403.011, 2101.012, 2101.035, and 2101.037.
This agency hereby certifies that the adoption has been reviewed by legal counsel and found to be a valid exercise of the agency's legal authority.
Filed with the Office of the Secretary of State on April 18, 2008.
TRD-200802025
Martin Cherry
General Counsel
Comptroller of Public Accounts
Effective date: May 8, 2008
Proposal publication date: March 14, 2008
For further information, please call: (512) 475-0387
Subchapter D. EXECUTIVE DIRECTOR
The Comptroller of Public Accounts adopts an amendment to §7.33, concerning delegated responsibilities, without changes to the proposed text as published in the January 18, 2008, issue of the Texas Register (33 TexReg 497). The rule is amending paragraph (5) to reference Government Code, §2254.021(2), as it pertains to the value of a contract.
No comments were received regarding adoption of the amendment.
The amendment is adopted under Education Code, §54.618(b)(2), which gives the board the authority to adopt rules to implement this subchapter.
The amendment implements Education Code, §54.618(b)(7), which gives the board the authority to contract for necessary goods and services and engage the services of private consultants, actuaries, trustees, records administrators, legal counsel, and auditors for administrative or technical assistance.
This agency hereby certifies that the adoption has been reviewed by legal counsel and found to be a valid exercise of the agency's legal authority.
Filed with the Office of the Secretary of State on April 16, 2008.
TRD-200801985
Martin Cherry
General Counsel
Comptroller of Public Accounts
Effective date: May 6, 2008
Proposal publication date: January 18, 2008
For further information, please call: (512) 475-0387