Colorado Controller

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This state official-related article is in the process of being updated.

Colorado Controller

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General information
Office Type:  Non-partisan
Office website:  Official Link
2012-2013 FY Budget:  $9,234,242
Term limits:  None
Structure
Length of term:   Serves at pleasure of state
Authority:  Colorado Revised Statutes, Section 24-30-201
Selection Method:  Appointed by Executive Director of the Colorado Department of Personnel and Administration
Current Officeholder

David McDermott.jpg
Name:  David McDermott
Assumed office:  April 1, 2008
Compensation:  $126,540
Other Colorado Executive Offices
GovernorLieutenant GovernorSecretary of StateAttorney GeneralTreasurerControllerCommissioner of EducationAgriculture CommissionerInsurance CommissionerNatural Resources Exec. DirectorLabor Executive DirectorPublic Utilities Commission

Contents

The Colorado State Controller is a state executive position in the Colorado state government. The controller's office manages the state's financial affairs, performs financial reporting and manages the state's payroll and tax accounting systems. The controller is appointed by the executive director of the state's Department of Personnel and Administration and serves at his pleasure.

Current officeholder

The current controller is David McDermott, who was first appointed on April 1, 2008. As the controller is a permanent employee of the state, he is not subject to periodic reappointment.

McDermott was an accountant in the state controller's office from 1992 to 2008. He began his career in the Colorado state auditor's office in 1989. Before entering state employment, he worked in the residential home building industry in Denver from 1972 to 1987. McDermott earned a B.S. in accounting from the University of Colorado at Denver. He and his wife, Jenny, have two children.[1]

Authority

The office of controller is established by state law.[2]

Colorado Revised Statutes, Section 24-30-201

(1) The powers, duties, and functions concerning accounts and control as set forth in this part 2 shall be the responsibility of the state controller.

Qualifications

There are no particular qualifications for the office of controller.

Appointments

The controller is appointed by the executive director of the Colorado Department of Personnel and Administration.[2]

Vacancies

Vacancies are handled in the same manner as normal appointments: the executive director of the personnel department chooses a new officeholder.

Duties

The controller's office:

  • Manages statewide budgetary controls
  • Promulgates State Fiscal Rules
  • Issues statewide financial reports
  • Generates on-line management reports
  • Manages the state's contract process
  • Manages payroll and tax accounting
  • Manages the state's vendor file tracking
  • Monitors the state's fraud reporting hotline and quality assurance
  • Prepares all statewide indirect cost allocation reports
  • Prepares the State Taxpayer Accountability Report

Divisions

  • Central Accounting Operations
    • Central Payroll
    • Statewide Contract Approval
    • Contract Administration
    • Central Accounting Services
  • Reporting & Analysis
  • Field Accounting Services Team
  • Statewide Audit, Compliance Review, and Special Projects
  • Recovery Audits[3]

State budget

The budget for Controller's Office in the 2012-2013 Fiscal Year was $9,234,242.[4]

Compensation

In 2010, the controller received compensation in the amount of $126,540.[5]

Historical officeholders

Note: Ballotpedia's state executive officials project researches state official websites for chronological lists of historical officeholders. That information for the Colorado Controller has not yet been added because we were unable to locate it on the relevant state official website or because the information currently provided is incomplete according to project guidelines. If you have any additional information about this office for inclusion on this section and/or page, please email us.

Recent news

This section displays the most recent stories in a google news search for the term Colorado + "State Controller"

All stories may not be relevant to this page due to the nature of the search engine.

[edit] Colorado Controller News Feed


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Contact info

Address:
633 17th St., Suite 1500
Denver, CO 80202
Phone: (303) 866-6200
Fax: (303) 866-4233

See also

External links

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References


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