Brenda Bolander
State Comptroller
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The State Comptroller directs the daily operations of the Division of Central Accounting and Reporting (DCAR), which is responsible for establishing the policies and procedures for state financial transactions and for executing those transactions in accordance with the various state statutes, federal regulations, and governmental accounting and reporting standards.
- Central Accounting Unit: Maintains the state central accounting system to ensure budgetary and financial compliance with laws and regulations through general ledger accounting and maintenance, payroll accounting, tax accounting and reporting activities, including processing of general ledger transactions for revenues and expenditures, cash allocations, centralized payroll tax and withholding payments, maintenance of employee earnings records, and issuance of year end tax forms, such as W-2 and 1099M.
- Transaction Processing Unit: Performs audits and processes payments for the settlement of state expenditure claims and payrolls to ensure compliance with laws and regulations, custodian of expenditure documents and records, and maintains the state central vendor file.
- Financial Reporting Unit: Prepares the State of Oklahoma comprehensive annual financial report as required by state law for use in analysis and decision making by state management, creditors and others; maintains reporting information for all agencies, funds, and component units included in the state reporting entity; and prepares the annual schedule of expenditures of federal awards.
- Agency Finance Office: Provides shared services for various state agencies via contract to streamline and provide more efficient and effective back office finance functions, including budgeting, accounts payable and reporting. OSF also provides shared services for procurement, human resources and payroll functions.
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Volume 20, FY 2010
Vol. 20, No. 1 - July 1, 2009 (.doc, 4 pp, 87 KB)
Vol. 20, No. 1 - July 1, 2009 (.pdf, 4 pp, 36 KB)
- Late Payment to Vendors – New Interest Rate – FY-2010
- Transfers in FY10 for FY09 Collections
- Intragency Transfers and Deposits
- 340 Fund Disbursements
- July 8, 2009 Audio Conference – Financial Reporting
- July 16, 2009 Audio Conference – ARRA Administrative Costs
Volume 19, FY-2009
Vol. 19, No. 9 - June 15, 2009 (.doc 9 pp, 243 KB)
Vol. 19, No. 9 - June 15, 2009 (.pdf, 9 pp, 65 KB)
- Fiscal Year End Payroll Processing - Legacy
- Fiscal Year End Funding Changes on PS Payroll
- Fiscal Year End Miscellaneous Claim Vouchers and Orders Processing
- Changes is State Share of Oklahoma Public Employees Retirement
- Changes in Employer Contribution Rate for Justices and Judges Retirement System
- Changes in Fees for Deferred Plans
- Federal Minimum Wage Changes
- Creditor Garnishments
- Schedule of FY-2010 Monthly Pay Periods
- Schedule of FY-2010 Bi-Weekly Pay Periods - Non Higher Ed
- Schedule of FY-2010 Bi-Weekly Pay Periods - Higher Ed
- Combination Edit Rule for Account Code 400000
- HB 2016 - DCS 'Trip Optimizer System' - Revised OSF Form 19
- E-mailing Vendor Information
- GAAP Financial Reporting Changes for Fiscal Year 2009
Comprehensive Annual Financial Report (CAFR)
Late Payment To Vendors - New Interest Rate - FY 2009
The FY 2009 interest rate applicable to late payments to vendors has been set at 4.30% per annum, computed on a 360 day calendar, or $0.0119 per $100 per day, which will be in effect July 1, 2008 through June 30, 2009. This interest rate is provided by the State Treasurer based on the average interest rate for thirty day time deposits of State funds during the last calendar quarter of the last preceding fiscal year. (Titles 62, § 41.4a & 4b and 74, § 840.14. and OSF Prompt Payment Rules/Regulations)
Mileage Reimbursement Rate for 2008
The Internal Revenue Service has announced an increase in the mileage reimbursement rate to $0.585 per mile, effective July 1, 2008. This is an increase from the $0.505 rate for the first half of the year. (See Internal Revenue Bulletin IR-2008-82, June 23, 2008, amending Internal Revenue Procedures 2007-70). The new rate is for travel incurred on and after July 1, 2008 through December 31, 2008.
Previous Mileage Statement
The Internal Revenue Service has announced an increase in the mileage reimbursement rate to $0.505 per mile, effective Jan. 1, 2008. This is an increase from the $0.485 rate for 2007. (See Internal Revenue Procedure 2007-70, Internal Revenue Bulletin 2007-192, Nov. 27, 2007.) The new rate is for travel incurred on and after Jan. 1, 2008, not your 2007 travel reimbursement claims submitted after Jan. 1.
HB 1114 - QEL Payroll Instructions
Last week the Office of Personnel Management and the Office of State Finance issued procedures for implementing the provisions of the Oklahoma HB 1114 passed last session which permits executive branch state agencies to make direct payments not to exceed $5,000 in any 12-month period and $15,000 total on behalf of an eligible employee to any private or public entity for qualified educational loan (QEL) expenses. For more specific information on limits and restrictions please read the instructions at: OSF/DCAR newsletter Web page or OPM 07-35 at: http://www.ok.gov/opm/All_Appointing_Authority_Memos/2007_AAA_Memos.html
A new earnings code, object code, deduction code, TRC code and a new vendor have been established for use with this permissible benefit. Please read the instructions at the links above.
Important Notes for CORE Users
These reimbursement payments should be done with the ON-CYCLE payrolls, not on off-cycles.
For specific navigation and processing instructions for the CORE PeopleSoft payroll system go to the CORE HCM Web page. If you have any questions, please contact the OSF Help Desk at (405) 521-2444.
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