Jump to content

Financial Information System for California

Add links
Coordinates: 38°34′30″N 121°30′18″W / 38.575°N 121.505°W / 38.575; -121.505
From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by Anas1712 (talk | contribs) at 20:48, 6 November 2022 (→External links). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

FI$CAL
Agency overview
Formed2016
HeadquartersSacramento, California
38°34′30″N 121°30′18″W / 38.575°N 121.505°W / 38.575; -121.505
Agency executives
  • Miriam Barcellona Ingenito, Director
  • Neeraj Chauhan, Deputy Director
Parent agencyCalifornia Government Operations Agency
Websitefiscal.ca.gov

The Financial Information System for California (also known as the Department of FI$Cal or FI$Cal) is a state government agency in the California Government Operations Agency of the executive branch of the government of California. The department is working toward full management and operation of its FI$Cal system.

Current director Miriam Barcellona Ingenito has led the Department since its formal recognition in July 2016.[1]

As of March 2019, the State of California has spent more than $900 million on the Fi$Cal system.[2]

History

In July 2016, the California Department of Financial Information System for California (FI$Cal) was formally recognized as a new state of California department.[3]

In May 2017, the Department of FI$Cal released its first strategic five-year plan, covering the years 2017–2021. This first plan covers the remaining years of implementation and the initial years of operation and maintenance.[4]

As of March 2019, the FI$Cal system had 15,000 end users processing expenditures of $300 billion per year.[5]

Purpose

The FI$Cal project modernizes the State of California financial IT infrastructure. It replaces hundreds of State of California financial systems (e.g., accounting, procurement, and budgeting).[6]

Offices and divisions

The agency is organized into several divisions and offices:[7]

  • Service Center and Portfolio Management Division
  • Business Operation and Solutions Division
  • Administrative Division
  • Information Technology Division

Criticism

The FI$Cal system has received criticism for repeated delays and cost overruns.[2] State Controller Betty Yee has expressed concern its unreliability could undermine the State of California's credit rating.[8]

References

  1. ^ "FI$Cal Web Site: Miriam Barcellona Ingenito". fiscal.ca.gov. Retrieved 7 June 2019.
  2. ^ a b Venteicher, Wes (7 March 2019). "SacBee: California controller 'gravely concerned' about state's $1 billion accounting program". The Sacramento Bee. Retrieved 30 July 2019.
  3. ^ "About Us". fiscal.ca.gov. Retrieved April 23, 2019.
  4. ^ "FI$Cal Releases First Strategic Plan". Techwire.net. 2017-05-03. Retrieved 2019-12-10.
  5. ^ Barcellona, Miriam (22 April 2016). "TechWire: 'Imagining FI$Cal's Future' ... and Adding a Year". www.techwire.net. Retrieved 30 July 2019.
  6. ^ "CA.gov State Agency Listing: Department of FI$Cal (FI$Cal)". www.ca.gov. Retrieved 7 June 2019.
  7. ^ "FI$Cal Web Site: FI$Cal Leadership". fiscal.ca.gov. Retrieved 7 June 2019.
  8. ^ Walters, Dan (22 April 2019). "Can Gov. Gavin Newsom finally fix California's tech woes?". The Mercury News. Retrieved 30 July 2019.
Stub icon

This article about the politics of California is a stub. You can help Wikipedia by expanding it.

Retrieved from "https://en.wikipedia.org/w/index.php?title=Financial_Information_System_for_California&oldid=1120403407"