Financial Services Division

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finance The Texas Facilities Commission's Chief Financial Officer oversees the agency's Financial Services Division.

The division serves a fundamental role in supporting agency operations and making financial decisions.

The division is directly responsible for accounting, budget, and procurement functions in the agency.

By providing timely and accurate financial, budgetary, and procurement information the division supports all functional areas of the agency and ensures business is done in an efficient, effective, and accountable manner.

The division consists of the Accounting Team, Budget Team, and Procurement Team.

Budget Team

The Budget Team is the analytical arm of the Finance Services Division. This team’s key responsibilities are:

oversight and management of the agency's operating and construction budgets;
preparation of the agency's Legislative Appropriations requests;
preparation of the agency’s Annual Operating budgets;
monitoring and tracking the appropriations process during legislative session and;
researching, analyzing and reporting on complex issues affecting the financial interests of the agency.

Accounting Team

The Accounting Team is the primary transactional arm of the Financial Services Division. This team’s key responsibilities are:

performing financial reporting
accounts payable
accounts receivable
payroll and
general accounting functions for the agency.

For additional information on payments and other transactions managed by the Accounting Team, please go to:

Payment Scheduling

Prompt Payment

Procurement Team

The Procurement Teams key responsibilities are:

to protect the interests of the State by ensuring legal compliance in TFC's purchasing processes
providing equal access to all vendors, including Historically Underutilized Businesses (HUBs)
participating through competitive acquisition of goods and services
timely procuring goods and services to meet the daily business needs of the agency and
providing customer service to the program areas.

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