State Accounting
State Accounting
Stewardship in government means managing resources that have been entrusted by others so that the services returned maintain the well-being of citizens. State Accounting is committed to promoting the well-being of Iowans by providing efficient and effective services and resources to all State departments that serve our citizens. These services and resources, which revolve around both the collection and reporting of financial information and the processing of financial transactions, are critical elements needed by the Executive, Legislative, and Judicial branches to sustain the quality of life that Iowans enjoy.
Did you know? State Accounting issues over 7.2 million warrants for state departments each year; manages an annual $1.28 billion payroll for over 20,000 employees; processes 18 million accounting transactions per year; collected $17.2 million in funds owed the state by matching 61,200 payments made against delinquent accounts in FY07; purchased over $1.8 million worth of U.S. Savings Bonds for state employees in FY07; paid the federal government $115 million in employee income tax withholdings during FY07; manages the Sick Leave Insurance Program for retired employees; and compiles and prepares the state's Comprehensive Annual Financial Report, detailing the state's financial position in compliance with Generally Accepted Accounting Principles.
State Accounting News and Information
- Iowa Comprehensive Annual Financial Report (CAFR) 2007
- Mileage Rate
- Employee In-State Reimbursable Travel Rates
- Employee Out-of-State Reimbursable Travel Rates
- 54 State Departments Now Utilize Online Payroll Warrants
State Accounting Policy and Procedures Manual