The Department of Finance, located in Sacramento, is in the Executive Branch; and part of the Governor’s Administration. The Department is one of eight “Control Agencies”. The Director of Finance is appointed by the Governor and is his/her chief fiscal policy advisor. The Director sits as a member of the Governor’s cabinet and senior staff. Principal functions are to:
Establish appropriate fiscal policies to carry out the State’s programs.
Prepare, enact, and administer the State’s Annual Financial Plan (budget), which the Governor is required under the State Constitution to present by January 10 of each year.
Analyze legislation which has a fiscal impact.
Develop and maintain the California State Accounting and Reporting System (CALSTARS).
Monitor/audit expenditures by state departments to ensure compliance with law, approved standards, and policies.
Develop economic forecasts and revenue estimates.
Develop population and enrollment estimates and projections.
Review expenditures for information technology activities of the departments. The fiscal process is a dynamic one as new laws are enacted, new regulations are adopted, priorities change, available resources increase or decrease, and the Administration itself changes.
The Department of Finance, located in Sacramento, is in the Executive Branch; and part of the Governor’s Administration. The Department is one of eight “Control Agencies”. The Director of Finance is appointed by the Governor and is his/her chief fiscal policy advisor. The Director sits as a member of the Governor’s cabinet and senior staff. Principal functions are to:
Establish appropriate fiscal policies to carry out the State’s programs.
Prepare, enact, and administer the State’s Annual Financial Plan (budget), which the Governor is required under the State Constitution to present by January 10 of each year.
Analyze legislation which has a fiscal impact.
Develop and maintain the California State Accounting and Reporting System (CALSTARS).
Monitor/audit expenditures by state departments to ensure compliance with law, approved standards, and policies.
Develop economic forecasts and revenue estimates.
Develop population and enrollment estimates and projections.
Review expenditures for information technology activities of the departments. The fiscal process is a dynamic one as new laws are enacted, new regulations are adopted, priorities change, available resources increase or decrease, and the Administration itself changes.
