Cal Dept of Finance Various

• Serve as the Governors chief fiscal policy advisor.
• Promote long-term economic sustainability and responsible resource allocation through the states annual financial plan.

Strategy:

• Work collaboratively with other state departments and external stakeholders to meet the priorities of the Governor and the State of California.
• Exercise a statewide leadership role throughout FI$Cal system development and implementation to promote its successful use as the states budgeting accounting cash management and procurement system.
• Align budget and policy initiatives with priorities of the state and long-term economic sustainability.

Strategy:

• Employ experienced flexible and knowledgeable staff that can adjust to a dynamic environment and continually provide relevant and practical training to staff.
• Continuously develop and implement comprehensive succession and mentoring plans to prepare staff to fill key positions.
• Enhance outreach activities streamline and simplify the hiring process and develop effective interviewing tools.

Strategy:

• Continuously review business workflows and develop and/or upgrade systems applications and processes to achieve greater efficiencies within Finance and statewide.
• Examine critical fiscal policies to identify and implement opportunities to improve accuracy effectiveness and transparency.
• Leverage emerging technologies to make data and information easily accessible to policymakers and the public.

The Strategic Plan of the Department of Finance provides a road map for our organization so that we may better serve as the statewide leader for budget and fiscal policy. The Plan will help Finance realize its mission by focusing on commitments in the following three areas: Leadership Workforce and Accountability.

• Strategic Plan of the Department of Finance

State government is made up of three branches:

• Legislative
• Judicial
• Executive

The Department of Finance located in Sacramento is in the Executive Branch and part of the Governors Administration.

The Director of Finance is appointed by the Governor and serves as the chief fiscal policy advisor. The Director is a member of the Governors cabinet and senior staff.

Principal functions are as follows:

• Establish appropriate fiscal policies to carry out the states programs.
• Prepare explain and administer the states 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.
• Maintain the California State Accounting and Reporting System (CALSTARS).
• Train and support departmental accounting.
• 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.
• Conducts fiscal analyses of proposed statewide information technology (IT) policies and enterprise initiatives and performs oversight of critical IT projects.

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 impacts the fiscal activities of other state departments because of the general authority granted to the Department in Government Code Section 13070. This section provides the Department of Finance with authority over all financial and business policies of the state. There are numerous other code sections that direct the operations of the Department.