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 Ana Matosantos, and is a member of Governor Jerry Brown's cabinet. Matosantos has been the Department's director since December 31, 2009. Matosantos succeeded Michael Genest after his resignation was tendered to then Governor Arnold Schwarzenegger on December 14, 2009. Genest served as the Department's director from December 1, 2005 to December 14, 2009.
Read more about California Department Of Finance: Units Within The Department
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