By statute, the Director of Finance serves as the Governor's chief fiscal policy advisor and promotes long-term economic sustainability and responsible resource allocation.

The primary functions of the Department of Finance are to:

• Prepare, explain, and administer the annual financial plan for the state.
• Establish fiscal policies for all state departments.
• Analyze proposed legislation for fiscal and policy impacts.
• Monitor and audit expenditures by state departments to ensure compliance with the law, approved standards, and policies.
• Analyze the fiscal impact of information technology projects.