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A Certified Government Financial Manager (CGFM) is a professional certification issued by the Association of Government Accountants (AGA) in the United States. It was created in 1994 to provide a professional standard of financial expertise and ethics in government and a standard by which government financial management professionals are measured.
The Legislative Analyst's Office (LAO), located in Sacramento, California, is a nonpartisan government agency that has provided fiscal and policy advice to the California Legislature since 1941. Sometimes referred to as the "eyes and ears" of the Legislature, the office is known for analyzing the state budget with the aim of making government ...
The Financial Information System for California began in 2005 with a total of five state employees tasked with replacing one internal facing budget system for the Department of Finance. The focus of the project soon shifted to address the need to modernize the state’s entire financial management process into a single financial management system.
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A report the Legislative Analyst’s Office released on Thursday showed a tax revenue shortfall has created a “serious budget deficit” for the 2024-2025 fiscal year. California’s ...
California is facing a record $68 billion budget deficit, state officials announced Thursday, forcing hard choices for Democratic Gov. Gavin Newsom in his final term as he works to build his ...
The Legislative Analyst’s Office identified around $15 billion in cuts that could be made to make up for the state’s shortfall. California has dueling budget deficits. Here’s what that means ...
This division has all fiscal responsibilities within the agency. The division builds the Governor's Budget, processes payments for all local assistance and state operations, builds and manages program budget allotments, directly assists programs with fiscal information related to expenditures and projections.