Performance Measure
Report Filter
Export to
CSV
Excel
PDF
Help
Back to Report Menu
 
Agency Department of State Police (156)
Measure Name The percentage of invoices paid within 30 days of receipt.
Measure Last Modified
06-20-2024 10:39 a.m.
Measure Last Published
09-03-2024 09:27 a.m.
Status
Active
Data Source and Calculation
The Property and Finance Division tracks all invoices received and payments to promote efficiency and to meet the provisions of the Prompt Payment Act, Code of Virginia ยง 2.2-4350. Prompt pay is computed by gathering the total late invoices and late dollar amounts paid for the period divided by total number of invoices and dollar amounts paid that same period. A percentage is then computed using a formula that is generated by the Department of Accounts.
Enterprise Priorities and Strategies
Initiative Priority Strategy
Associated Service Areas
Service Area Code Service Area Name
39903 Accounting and Budgeting Services
Targets and Baselines
Name Date Result Note
Baseline None
Short Target 2025 None
Long Target 2027 None
Results
Year Q1 Q2 Q3 Q4 Note
2021
2022
2023 97.975 97.322 95.555 94.320
2024 90.300 90.400 92.100 92.800
2025
Measure ID 156.0005
Measure Class Agency Key
Measure Type Output
Year Type State FY
Preferred Trend Stable
Frequency Quarterly
Statistical Unit
sp134 Performance Measure - 07-30-2025 15:29:10