(1) Existing law requires the Department of Finance, the Controller, the Treasurer, and the Department of General Services to collaboratively develop, implement, utilize, maintain, and operate the Financial Information System for California (FISCal) as a single integrated financial management system that encompasses the management of resources and dollars in the areas of budgeting, accounting, procurement, cash management, financial management, financial reporting, cost accounting, asset management, project accounting, grant management, and human resources management. Existing law states the intent of the Legislature regarding the objectives of the FISCal system. Existing law requires the Office of the Financial Information System, upon its establishment, to implement the FISCal system, in a specified manner, with Wave One consisting of certain departments. Existing law requires the Department of Finance, before executing a contract for a prime vendor to implement the FISCal system, to submit a written report containing specified information to the Legislature for review no less than 30 days prior to the execution of the contract. Existing law limits the implementation of the FISCal system to specified departments and officers absent further express authorization of the Legislature. Existing law authorizes the State Public Works Board to issue debt to finance and refinance the costs of the FISCal system, specifically authorizes up $277,000,000 for this purpose, and specifically provides that, upon subsequent legislative approval, the board may issue additional debt up to $1,362,000,000, as specified. Existing law declares the intent of the Legislature to use General Fund appropriations for the cost of the FISCal system, and continuously appropriates funds and subaccounts to pay for the system's development, implementation, operation, and maintenance.
California AB 1621 (20092010) — Financial Information System for California.
(1) Existing law requires the Department of Finance, the Controller, the Treasurer, and the Department of General Services to collaboratively develop, implement, utilize, maintain, and operate the Financial Information System for California (FISCal) as a single integrated financial management system that encompasses the management of resources and dollars in the areas of budgeting, accounting, procurement, cash management, financial management, financial reporting, cost accounting, asset management, project accounting, grant management, and human resources management. Existing law states the intent of the Legislature regarding the objectives of the FISCal system. Existing law requires the Office of the Financial Information System, upon its establishment, to implement the FISCal system, in a specified manner, with Wave One consisting of certain departments. Existing law requires the Department of Finance, before executing a contract for a prime vendor to implement the FISCal system, to submit a written report containing specified information to the Legislature for review no less than 30 days prior to the execution of the contract. Existing law limits the implementation of the FISCal system to specified departments and officers absent further express authorization of the Legislature. Existing law authorizes the State Public Works Board to issue debt to finance and refinance the costs of the FISCal system, specifically authorizes up $277,000,000 for this purpose, and specifically provides that, upon subsequent legislative approval, the board may issue additional debt up to $1,362,000,000, as specified. Existing law declares the intent of the Legislature to use General Fund appropriations for the cost of the FISCal system, and continuously appropriates funds and subaccounts to pay for the system's development, implementation, operation, and maintenance.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.