Working in a support capacity for the Department of Public Safety, the Finance Division provides budget, accounting, cash receiving, expenditure, payroll, and fixed asset services to the agency and its stakeholders through the division's Accounting and Budget Control section. The Finance Division is responsible for following numerous statutes and rules and working closely with oversight agencies to ensure that DPS adheres to sound business practices, maintains financial control, and performs accurate and timely reporting. Additionally, the Enterprise Risk Management section of the Finance Division is charged with minimizing harm to the physical, human, fiscal and environmental resources of the agency.
Utilizing an annual budget of just over $1 billion ($1,008,928,156 for Fiscal Year 2010) in state funds, the Finance Division performs payroll and benefits functions for the over 8,000 DPS employees; processes over 50,000 invoices annually from various vendors; processes nearly 60,000 travel vouchers annually; deposits $55.5 million in over 800,000 transactions annually; tracks and manages capital assets valued at over $500 million; seeks out, receives, and manages over $400 million in grants awards and over $1 billion in Federal Disaster funding; maintains the agency's general ledger; and provides the various agency divisions with budgetary information and other assistance to aid them in managing their budgets.
The employees of the Finance Division continually strive to meet the needs of DPS customers in an effective and efficient manner while maintaining excellence in accountability to the government and people of Texas.