The FI$Cal system modernized how the state of California manages its finances and is one of the largest and most dynamic IT and business-transformation undertakings in California’s history. It eliminates the need for hundreds of independent legacy systems by combining the state’s accounting, budgeting, cash management, and procurement operations into a single financial-management system.

It is a critically important job to support the financial management of California, which serves 39 million residents and boasts the fourth largest economy in the world. Enormously complex by its very nature, FI$Cal is used by 150 departments and nearly 16,000 state employees who process more than $453 billion in expenditures each year.

The FI$Cal system modernized how the state of California manages its finances and is one of the largest and most dynamic IT and business-transformation undertakings in California’s history. It eliminates the need for hundreds of independent legacy systems by combining the state’s accounting, budgeting, cash management, and procurement operations into a single financial-management system.

It is a critically important job to support the financial management of California, which serves 39 million residents and boasts the fourth largest economy in the world. Enormously complex by its very nature, FI$Cal is used by 150 departments and nearly 16,000 state employees who process more than $453 billion in expenditures each year.

FI$Cal is the system utilized by the State Treasurer’s Office to track $2.9 trillion in banking transactions annually; and it is the budgetary system used by the governor, the Department of Finance, and the Legislature in the preparation, proposal, and enactment of the state’s annual spending plan.

In addition, FI$Cal has made California state government finances significantly more transparent through the creation of Open FI$Cal, the website that opened California’s “books” to allow the public to view how taxpayer money is being spent. That’s a big win for government accountability and transparency.

At FI$Cal, our customers and partner agencies are critical to our success, helping to guide our evolution and making continuous improvement possible. As we move forward as a system and a department, we are pleased to present the Department of FISCal’s 2026-2030 Strategic Plan, which defines our commitment to the state, our customers, our partners, our employees, and the people of California. It outlines our four-year strategy, including the department’s shared mission, vision, values, goals, and objectives.

Sincerely,

Bret Ladine
Director
Department of FISCal