California Department of Finance

California Department of Finance

Seal of the Department of Finance
Agency overview
Headquarters 915 L Street, Sacramento, CA
Annual budget $70 million (2014-15)
Agency executive
  • Michael Cohen, 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, creating and monitoring current and future economic forecasts of the state, estimating population demographics and enrollment projections, and maintaining the state's accounting and financial reporting systems.

The current Director of Finance is Michael Cohen, and is a member of Governor Jerry Brown's cabinet. Cohen has been the Department's director since September 16, 2013.[1] Cohen succeeded Ana Matosantos after her resignation was tendered to Governor Jerry Brown on June 28, 2013.[1]

Units within the department

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

See also

References

  1. 1 2 Office of the Governor (2013-06-28). "Finance Director Ana Matosantos to Depart, Chief Deputy Director Michael Cohen to be Appointed Director". State of California. Retrieved 2014-03-04.

External links


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