California Department of Finance

Last updated
California Department of Finance
Seal of the California Department of Finance.jpg
Seal of the Department of Finance
Agency overview
Headquarters915 L Street, Sacramento, California
Annual budget$83 million (2019-20)
Agency executive
  • Joe Stephenshaw, Finance Director
Website dof.ca.gov

The California Department of Finance is a state cabinet-level agency within the government of California. [1] 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 Constitution of California 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.

Contents

The current director of finance is Joe Stephenshaw and is a member of Governor Gavin Newsom's cabinet. Stephenshaw was appointed the department's director in July 2022 by Governor Newsom. [2]

Units within the department

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

Finance directors

PictureDirector [3] TermGovernor
Alexander HeronJuly 29, 1927–January 30, 1930 C. C. Young
Lyman King January 31, 1930–January 5, 1931
Rolland Vandegrift January 6, 1931–August 30, 1934 James Rolph
Frank Merriam
Arlin StockburgerJanuary 31, 1935–January 1, 1939 Frank Merriam
Phil S. Gibson January 2, 1939–October 1, 1939 Culbert Olson
John R. Richards October 2, 1939–September 10, 1940
George Killion September 11, 1940–January 3, 1943
John HasslerJanuary 4, 1943–January 31, 1944 Earl Warren
James S. DeanFebruary 1, 1944–October 30, 1953 Earl Warren
Goodwin Knight
John PierceNovember 1, 1953–July 14, 1958 Goodwin Knight
T. H. MugfordJuly 15, 1958–January 4, 1959
Bert LevitJanuary 5, 1959–July 31, 1959 Pat Brown
John E. CarrAugust 1, 1959–June 30, 1961
Hale Champion July 1, 1961–January 1, 1967
Gordon P. SmithJanuary 2, 1967–February 29, 1968 Ronald Reagan
Caspar Weinberger official photo.jpg Caspar Weinberger March 1, 1968–December 31, 1969
Verne Orr.JPEG Verne Orr January 1, 1970–January 5, 1975
Roy M. BellJanuary 6, 1975–November 30, 1978 Jerry Brown
Richard Silberman December 1, 1978–August 20, 1979
Mary Ann GravesAugust 21, 1979–December 31, 1982
Michael FranchettiJanuary 3, 1983–January 3, 1984 George Deukmejian
Jesse HuffJanuary 4, 1984–December 25, 1990
Thomas W. Hayes January 7, 1991–July 31, 1993 Pete Wilson
Russell Gould August 1, 1993–February 24, 1996
Craig BrownMarch 4, 1996–December 30, 1998
B. Timothy GageJanuary 4, 1999–January 17, 2003 Gray Davis
Stephen Peace January 1, 2003–November 16, 2003
Donna ArduinNovember 17, 2003–October 18, 2004 Arnold Schwarzenegger
Tom Campbell 106th Congress.jpg Tom Campbell December 1, 2004–November 10, 2005
Michael GenestDecember 1, 2005–December 14, 2009
Ana J. MatosantosDecember 31, 2009–December 7, 2010
Cynthia BryantDecember 7, 2010–January 2, 2011
Ana J. MatosantosJanuary 3, 2011–September 13, 2013 Jerry Brown
Michael CohenSeptember 14, 2013–August 20, 2018
Keely Martin BoslerAugust 21, 2018–July 31, 2022 Jerry Brown
Gavin Newsom
Joe StephenshawAugust 1, 2022–Present Gavin Newsom

See also

Related Research Articles

The United States federal executive departments are the principal units of the executive branch of the federal government of the United States. They are analogous to ministries common in parliamentary or semi-presidential systems but they are led by a head of government who is also the head of state. The executive departments are the administrative arms of the president of the United States. There are currently 15 executive departments.

<span class="mw-page-title-main">Lieutenant Governor of California</span> Statewide officer and vice-executive

The lieutenant governor of California is the second highest executive officer of the government of the U.S. state of California. The lieutenant governor is elected to serve a four-year term and can serve a maximum of two terms. In addition to largely ministerial roles, serving as acting governor in the absence of the governor of California and as President of the California State Senate, the lieutenant governor either sits on many of California's regulatory commissions and executive agencies.

<span class="mw-page-title-main">Treasurer of Australia</span> Australian government minister in charge of economic policy

The treasurerof Australia, also known as the Federaltreasurer or simply the treasurer, is the minister of state of the Commonwealth of Australia charged with overseeing government revenue collection, federal expenditure and economic policy as the head of the Department of the Treasury. The current treasurer is Jim Chalmers, who was appointed by Prime Minister Anthony Albanese in May 2022 following the 2022 Australian federal election.

Manitoba Finance is the department of finance for the Canadian province of Manitoba.

<span class="mw-page-title-main">Philippine Statistics Authority</span> Philippine statistics and census authority

The Philippine Statistics Authority is the central statistical authority of the Philippine government that collects, compiles, analyzes and publishes statistical information on economic, social, demographic, political affairs and general affairs of the people of the Philippines and enforces the civil registration functions in the country.

<span class="mw-page-title-main">Minnesota State Auditor</span> Constitutional officer of Minnesota, United States

The state auditor of Minnesota is a constitutional officer in the executive branch of the U.S. state of Minnesota. Nineteen individuals have held the office of state auditor since statehood. The incumbent is Julie Blaha, a DFLer.

<span class="mw-page-title-main">New Zealand Treasury</span> Economic and Financial policy agency of New Zealand

The New Zealand Treasury is the central public service department of New Zealand charged with advising the Government on economic policy, assisting with improving the performance of New Zealand's economy, and managing financial resources. The Minister responsible for the Treasury is the Minister of Finance of New Zealand; however, from 1996 to 2002, there existed a more specific position of Treasurer of New Zealand. The role was created for Winston Peters by the Fourth National Government under Jim Bolger after the 1996 election, and abolished by Helen Clark’s government in 2002.

<span class="mw-page-title-main">Wisconsin Department of Administration</span>

The Wisconsin Department of Administration (DOA) is an agency of the Wisconsin state government which provides a range of services and programs, from operations, technology, and logistical support for the state, to assistance programs for low-income homes, to state gaming. The department's services to other state agencies and offices include personnel management, payroll, accounting systems, technology solutions, and legal services. The Department is central to the state budget process, advising the Governor and state agencies on their budget submissions and analyzing solutions to fiscal problems. The Department also administers state information systems, procurement policies and contracts, fleet transportation, and risk management, and oversees buildings owned and leased by the state, facilities planning projects, and the Wisconsin Capitol Police. The Department also administers the state's compensation plan, which includes the pay and benefit administration for most state employees.

<span class="mw-page-title-main">State auditor</span> Executive officer of a U.S. state

State auditors are fiscal officers lodged in the executive or legislative branches of U.S. state governments who serve as external auditors, financial controllers, bookkeepers, or inspectors general of public funds. The office of state auditor may be a creature of the state constitution or one created by statutory law.

<span class="mw-page-title-main">California Environmental Protection Agency</span> Environmental agency in California

The California Environmental Protection Agency (CalEPA) is a state cabinet-level agency within the government of California. The mission of CalEPA is to restore, protect and enhance the environment, to ensure public health, environmental quality and economic vitality.

<span class="mw-page-title-main">Wisconsin Department of Revenue</span> Wisconsin State Agency charged with administering state tax laws.

The Wisconsin Department of Revenue (DOR) is an agency of the Wisconsin state government responsible for the administration of all tax laws, as well as valuing property and overseeing the wholesale distribution of alcoholic beverages and enforcement of liquor laws. The Department also administers the state's unclaimed property program and the state lottery.

The Michigan Department of Technology, Management & Budget (DTMB), formerly Michigan Department of Management and Budget, is a principal department of the government of Michigan responsible for various support functions within the government.

<span class="mw-page-title-main">General Secretariat for Development Planning</span> Qatari governmental agency

The General Secretariat for Development Planning (GSDP) is a governmental agency in the State of Qatar, established through an Emiri Decision No (39) in 2006 and amended by Emiri Decision No (50) in 2009. The GSDP coordinates plans, strategies and policies in support of Qatar's National Vision 2030.

<span class="mw-page-title-main">Ministry of Finance (Azerbaijan)</span>

The Ministry of Finance of Azerbaijan Republic is a governmental agency within the Cabinet of Azerbaijan in charge of regulating the financial sector in Azerbaijan Republic. The ministry is headed by Samir Sharifov.

<span class="mw-page-title-main">Oklahoma Secretary of Finance and Revenue</span>

The Oklahoma Secretary of Finance, Administration and Information Technology is a member of the Oklahoma Governor's Cabinet. The Secretary is appointed by the governor, with the consent of the Oklahoma Senate, to serve at the pleasure of the governor. The secretary serves as the chief adviser to the governor on fiscal policy, taxation, and the operations and personnel needs of the state government.

<span class="mw-page-title-main">Ministry of Finance (Ukraine)</span> Ukrainian government ministry

The Ministry of Finance of Ukraine is the ministry of the Ukrainian government charged with developing and implementing national financial and budget policies, and with defining national policies in customs and taxation. The ministry is responsible for ensuring that the state has enough resources to perform its functions and that financial policies promote economic growth.

<span class="mw-page-title-main">Executive branch of the government of Puerto Rico</span> Chief executive body of Puerto Rico

The executive branch of the government of Puerto Rico is responsible for executing the laws of Puerto Rico, as well as causing them to be executed. Article IV of the Constitution of Puerto Rico vests the executive power on the Governor—whom by its nature forms the executive branch.

<span class="mw-page-title-main">Ministry of Finance (Somalia)</span> Government agency

The Ministry of Finance, abbreviated MOF, is a ministry of the Government of Somalia that is charged with the responsibility for government expenditure and revenue raising. The ministry's role is to develop economic policy and prepare the federal budget. The Ministry of Finance also oversees financial legislation and regulation. Each year in October, the Minister of Finance presents the Somali federal budget to the Parliament.

<span class="mw-page-title-main">California Government Operations Agency</span> California government agency

The Government Operations Agency (CalGovOps) is the California government agency responsible for administering state operations including procurement, real estate, information technology, and human resources. Amy Tong was appointed Secretary of Government Operations by Governor Gavin Newsom in March of 2022. Previously, the role was held by Secretary Yolanda Richardson and Secretary Marybel Batjer, who was appointed as the inaugural agency secretary in June 2013 by then-Governor Jerry Brown.

The Minnesota Department of Management and Budget, otherwise abbreviated as MMB, is a cabinet-level state agency responsible for coordinating the financial management and personnel administration processes of state government.

References

  1. "Governmental Role of the Department of Finance". www.dof.ca.gov. Retrieved 2019-11-11.
  2. "Finance Director Keely Bosler to Depart, New Finance Director Appointed 7.1.22". California Governor. 2022-07-01. Retrieved 2022-09-13.
  3. "Finance Directors (1927 – Present)". State of California Department of Finance. State of California. Retrieved 22 March 2023.