Keeping the Books
California's Budget, Financial and Performance Review
CPR's team of auditors examined the state's budget process, financial controls and strategic planning efforts and established the "line-by-line" audit framework. Presented in this volume is a thorough evaluation of the state’s fiscal and performance management practices.
To print this volume, we recommend using these PDF files:
Audit Review in PDF Format
Letter to Chon Gutierrez
Introductions and Summary of Findings
Independent Auditor's Report of Agreed-Upon Procedures
Budget Review
Financial Review
Performance Review
Audit Appendices
I: Methodology for and Discussion of the “Line-by-Line” Audit
II: Department/Activity General Fund Expenditures Amount and Percent Change FY1998–1999 to FY2002–2003
III: A Departmental Case Study: California Department of Corrections Increases in General Fund Expenditures from FY 1998–1999 to FY 2002–2003
IV: Encumbrance Increases: June 30, 2000 to June 30, 2001
V: Encumbrance Balances at June 30, 2003
VI: Existing Financial Systems Attributes
VII: Top Concerns of Departments Sampled About Financial Management Systems
VIII: State of California Enterprise Financial Systems Summary of Lessons Learned
IX: Other Public Sector Enterprise Financial Systems Summary of Lessons Learned
X: Other States’ Oversight and Monitoring of Performance