A.G. File No. 2003-034

The Fiscal Accountability in State Government Act

September 19, 2003

 


The measure requires that each state entity post on its Web site, at the close of each business day, any expenditures and revenues credited to that entity on that day. These postings would include relevant names, dates, and amounts of each transaction. The measure would also require the State Controller’s Office, in consultation with the State Treasurer’s Office and the Department of Finance, to adopt guidelines and procedures to standardize the financial information reported by state entities on the Internet.