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Tennessee Comptroller of the Treasury

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Tennessee Comptroller of the Treasury

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General information
Office Type:  Partisan
Office website:  Official Link
Compensation:  $222,252
2025 FY Budget:  $123,832,100
Term limits:  None
Structure
Length of term:   2 years
Authority:  Tennessee Constitution, Article VII, Section 3
Selection Method:  Appointed by General Assembly
Current Officeholder(s)

Tennessee Comptroller of the Treasury Jason Mumpower
Republican Party
Assumed office: January 13, 2021

Other Tennessee Executive Offices
GovernorLieutenant GovernorSecretary of StateAttorney GeneralComptrollerTreasurerSuperintendent of EducationAgriculture CommissionerInsurance CommissionerNatural Resources CommissionerLabor CommissionerPublic Service Commission

The Tennessee Comptroller of the Treasury is an appointed executive position in the Tennessee state government. The comptroller is responsible for auditing state and local governmental entities and participating in the general financial and administrative management and oversight of the state government. This office is filled every two years by a joint vote of the Tennessee General Assembly.[1]

Current officeholder

The current Tennessee Comptroller of the Treasury is Jason Mumpower (R). Mumpower assumed office in 2021.

Authority

The office of comptroller is established in Article VII, Section 3 of the state constitution.

Article VII, Section 3:

There shall be a treasurer or treasurers and a comptroller of the treasury appointed for the state, by the joint vote of both Houses of the General Assembly who shall hold their offices for two years.[2]

Qualifications

Note: Ballotpedia's state executive officials project researches the constitutional or statutory text that establishes the requirements necessary to qualify for a state executive office. That information for the Tennessee Comptroller of the Treasury has not yet been added. After extensive research, we were unable to identify any relevant information on state official websites. If you have any additional information about this office for inclusion on this section and/or page, please email us.

Appointments

Article VII, Section 3 of the state constitution stipulates that the comptroller is appointed to two-year terms by a joint vote of both houses of the general assembly.[2]

Vacancies

In the event of a vacancy, Article III, Section 14 of the state constitution states that the Tennessee General Assembly is responsible for appointing a successor. If the vacancy occurs while the legislature is in recess, the governor has the power to fill the vacancy by appointment. The term of this governor-appointed successor will expire at the end of the legislature's next session.[2]

Duties

Title 8, Chapter, 4, Part 1 of the Tennessee code authorizes the comptroller, generally, to provide services to a county or other local government. The specific duties of the comptroller include:

  • auditing state and local government entities
  • participating in the general financial management and oversight of state government[3]

Authorities, boards, and committees

As of February 2021, the comptroller or the officeholder's designee served on the following authorities, boards, and committees:[1]

  • Advisory Council on State Procurement
  • Basic Education Program Review Committee
  • Board of Claims
  • Chairs of Excellence Endowment Fund
  • Council on Children’s Mental Health
  • Council on Pension and Insurance
  • Economic and Community Development Building Finance Committee
  • Emergency Communications Board
  • Health Services and Development Agency
  • Information Systems Council
  • Local Education Insurance Committee
  • Local Government Corporation
  • Local Government Insurance Committee
  • Ocoee River Recreation and Economic Development Fund
  • Pension Stabilization Reserve Trust
  • Procurement Commission
  • Public Records Commission
  • State Board of Equalization
  • State Building Commission
  • State Capitol Commission
  • State Funding Board
  • State Insurance Committee
  • Tennessee Advisory Commission on Intergovernmental Relations
  • Tennessee College Savings Trust
  • Tennessee Consolidated Retirement System, Board of Trustees
  • Tennessee Higher Education Commission
  • Tennessee Highway Officials Certification Board
  • Tennessee Housing Development Agency
  • Tennessee Interagency Cash Flow Committee
  • Tennessee Local Development Authority
  • Tennessee Promise Scholarship Endowment Fund
  • Tennessee State School Bond Authority
  • Tennessee Student Assistance Corporation
  • TRICOR Board Certification Committee
  • Tuition Guaranty Fund Board
  • Utility Management Review Board
  • Water & Wastewater Financing Board

Divisions

As of February 2021, the Tennessee Comptroller of the Treasury consisted of the following divisions, departments, offices, and functions:[1]

  • Division of Administration
    • Office of General Counsel
    • Office of Management Services
  • Department of Audit
    • State Audit Division
    • Local Government Audit Division
    • Investigations Division
  • Property Tax Functions
    • Property Assessments Division
    • State Assessed Properties Division
    • State Board of Equalization Division
  • Finance Functions
    • State Government Finance Division
    • Local Government Finance Division
  • Office of Research and Education Accountability (OREA)
  • Office of Open Records Counsel
  • Office of Small Business Advocate (SBA)
  • Higher Education Resource Officer (HERO)
  • Utility Boards
    • Water & Wastewater Financing Board
    • Utility Management Review Board
  • Office of Management Services (OMS)
  • Division of Technology Solutions

State budget

See also: Tennessee state budget and finances

The budget for the Comptroller of the Treasury in Fiscal Year 2024-2025 was $123,832,100.[4]

Compensation

See also: Compensation of state executive officers

2023

In 2023, the officer's salary was $222,252, according to the Council of State Governments.[5]

2022

In 2022, the officer's salary was $222,252, according to the Council of State Governments.[6]

2021

In 2021, the comptroller received a salary of $209,520, according to the Council of State Governments.[7]

2020

In 2020, the comptroller received a salary of $209,520, according to the Council of State Governments.[8]

2019

In 2019, the comptroller received a salary of $209,520, according to the Council of State Governments.[9]

2018

In 2018, the comptroller received a salary of $201,852, according to the Council of State Governments.[10]

2017

In 2017, the comptroller received a salary of $195,972, according to the Council of State Governments.[11]

2016

In 2016, the comptroller received a salary of $190,260, according to the Council of State Governments, making him the highest paid state comptroller in 2016.[12]

2015

In 2015, the comptroller received a salary of $190,260, according to the Council of State Governments, making him the highest paid state comptroller in 2015.[13]

2014

In 2014, the comptroller received a salary of $190,260, according to the Council of State Governments.[14]

2013

In 2013, the comptroller was paid an estimated $187,452, according to the Council of State Governments.[15]

Historical officeholders

There have been 35 Tennessee comptrollers of the treasury since 1836.[16]

Recent news

The link below is to the most recent stories in a Google news search for the terms Tennessee Comptroller Treasury. These results are automatically generated from Google. Ballotpedia does not curate or endorse these articles.

Contact information

Tennessee

Comptroller of the Treasury
First Floor, State Capitol
Nashville, TN 37243-9034

Phone: (615) 741-2775

See also

Tennessee State Executive Elections News and Analysis
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Tennessee State Executive Offices
Tennessee State Legislature
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Party control of state government
State government trifectas
State of the state addresses
Partisan composition of governors

External links

Footnotes

  1. 1.0 1.1 1.2 Tennessee Comptroller of the Treasury, "Learn About Our Office," accessed February 2, 2021
  2. 2.0 2.1 2.2 Tennessee General Assembly, "Tennessee Constitution," accessed February 2, 2021
  3. LexisNexis, "Tennessee Code," accessed February 2, 2021
  4. Tennessee.gov, "Tennessee House Bill 2973," accessed January 23, 2025
  5. Council of State Governments, "Book of the States 2023 Table 4.11: Selected State Administrative Officials: Annual Salaries," accessed January 21, 2025
  6. Council of State Governments, "Book of the States 2022 Table 4.11: Selected State Administrative Officials: Annual Salaries," provided to Ballotpedia by CSG personnel
  7. Issuu, "The Book of the States 2021," accessed September 28, 2022
  8. Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2020," accessed February 2, 2021
  9. Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2019," accessed February 2, 2021
  10. Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2018," accessed February 2, 2021
  11. Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2017," accessed February 2, 2021
  12. Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2016," accessed February 2, 2021
  13. Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2015," accessed February 2, 2021
  14. Council of State Governments, "Selected State Administrative Officials: Annual Salaries," accessed February 2, 2021
  15. Council of State Governments, "Selected State Administrative Officials: Annual Salaries," accessed February 2, 2021
  16. Tennessee Blue Book 2019-2020, "Past Governors and Constitutional Officers of Tennessee," accessed February 2, 2021