California Department of Finance

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California Department of Finance
Seal of the Department of Finance
Seal of the Department of Finance
Agency overview
Headquarters 915 L Street, Sacramento, CA
Annual Budget $60 million (2007)
Agency Executive Michael Genest, Director
Website
http://www.dof.ca.gov/

The California Department of Finance is a state cabinet-level agency within the government of California. The Department of Finance is responsible for preparing, explaining, and administering the state’s annual financial plan, which the Governor of California is required under the California Constitution to present by January 10 of each year to the general public. The Department of Finance's other duties include analyzing the budgets of proposed laws in the California State Legislature, create and monitor current and future economic forecasts of the state, estimate population demographics and enrollment projections, and maintain the state's accounting and financial reporting systems.

The current Director of Finance is Michael Genest, and is a member of Governor Arnold Schwarzenegger's cabinet. Genest has been a member of the state cabinet since December 1, 2005.

[edit] Units within the department

There are nine Financial Units within the Department of Finance, administering the agency's various duties within the state government:

  • Budget Operations Support (BOS)
  • Legislative Analyses
  • California Accounting and Reporting System (CALSTARS): Accounting
  • Demographic Research Unit (DRU)
  • Economic/Financial Research Unit (ER/FR)
  • Fiscal Systems and Consulting Unit (FSCU)
  • Office of State Audits and Evaluations (OSAE)
  • Performance Review Unit (PRU)
  • Statewide Systems Development Unit (SSDU)

[edit] See also

[edit] External links

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