Who is responsible for monitoring debt and should be consulted for long and short term borrowing procedures?

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Debt monitoring and guidance on borrowing procedures are handled by the bureau that oversees accounting and debt management within the government. The Bureau of Accounts keeps the official debt records, tracks outstanding obligations, and sets the rules and processes for borrowing. Because of this role, it should be consulted for both long-term and short-term borrowing decisions to ensure any new debt fits within the budget, stays within statutory limits, and aligns with the government’s repayment capacity. While the State Treasurer focuses on cash management and issuing debt, and the State Auditor conducts audits, the Bureau of Accounts is the appropriate source for debt monitoring and borrowing guidance within the Department of Revenue.