Department of Accounts (DOA)
DOA operates the state’s centralized automated accounting, payroll and fixed assets systems, and prepares the Commonwealth’s official financial statements. It ensures that all funds for state agencies and institutions are accounted for and spent according to state and federal laws and accepted accounting principles.
Department of Planning and Budget (DPB)
DPB develops and administers the state budget, which allocates money for state agencies and institutions. The agency also conducts policy analyses and evaluations of state programs and services and oversees the Commonwealth’s strategic planning and performance measurement efforts. In addition, the Department analyzes proposed state legislation, reviews regulations for need and clarity, and prepares economic impact statements on regulations.
Department of Taxation
This agency collects taxes, deposits taxes with the state treasury, and administers the tax laws for individuals and corporations.
Department of the Treasury
The Department of the Treasury manages cash in the state treasury and makes payments based on authorizations from the Comptroller; it also issues and manages the state’s debt.
Unclaimed Property Division
The Unclaimed Property Division is responsible for returning money, stocks, bonds, dividends, utility deposits, insurance proceeds and tangible property to the rightful owners.
The Virginia Resources Authority
Providing infrastructure financing for local governments in the areas of water, wastewater, stormwater drainage, solid waste, brownfield remediation, public safety and airports.