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Alabama Department of Finance is more than just dollars and cents. With 13 divisions and more than 500 employees, Finance claims a myriad of responsibilities. From formulating the Governor`s annual budgets to maintaining the grounds of the capitol complex in downtown Montgomery, the Alabama Department of Finance leaves its mark on state government. The state finance director, appointed by the Governor, leads the Department. He is the chief financial officer of the state and the Governor`s advisor in all financial matters. He is responsible for the oversight of each of the Department`s divisions, and is charged with protecting the financial interests of Alabama. This website serves as a portal to our director`s office and our divisions. We encourage you to visit each of their websites to learn more about the responsibilities of the Department of Finance, as well as the services we provide.
Responsibilities that fall directly under the chief financial officer include: ▪ Overseeing the state`s accounting and auditing functions, including review of state contracts and safeguarding unclaimed property. ▪ Monitoring the investment of state funds and managing the deferred compensation program for state employees. ▪ Investigating fraud, including identity theft and insurance fraud. ▪ Overseeing cemeteries and funeral homes that sell pre-need contracts. ▪ Licensing and oversight of insurance agents and agencies. ▪ Ensuring businesses have workers` compensation coverage in place for employees and helping injured workers with benefit payments and re-employment. ▪ As state fire marshal, investigating fires and suppressing arson.
The Texas Comptroller`s office was originally created by the Texas provisional government in 1835. The Comptroller is the chief steward of the state`s finances, acting as tax collector, chief accountant, chief revenue estimator and chief treasurer for all of state government, in addition to administering a number of other programs.
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