New Fiscal Records Management Policy Issued
Effective February 3, 2025 the Office of the Comptroller has issued a new Fiscal Records Management Policy.
The Fiscal Records Management Policy combines and replaces the former Records Management, Archiving Payroll Records, and Financial Records Retention policies.
This policy identifies the acceptable medium for departments’ maintenance of Record Copies of Documents concerning fiscal activities. The policy also provides examples of the type of documentation that must be retained for certain fiscal transactions, and addresses procedures for responding to requests for copies of fiscal documents.
The policy is accessible on PowerDMS under the “General State Finance > Policies” folder, and is also publicly available at macomptroller.org/policies.