It shall be the duty of the Department of Finance: (1) To manage, supervise, and control all matters pertaining to the fiscal affairs and fiscal procedure of the state, except such as may, by the constitution or statute, be specifically required to be performed by the State Auditor, the State Treasurer, or the Department of Revenue, and to keep all records, accounts, and data relating thereto. The department may charge a reasonable fee for any services provided by the department or its divisions in carrying out the duties herein. (2) To manage and supervise all state real property wherever located through a centralized organization within the department. (3) To manage, supervise and control the insurance of all state property, wherever located. (4) To operate, manage, and administer the State Insurance Fund. (5) To make the annual financial report of the state, as soon as possible after the close of each fiscal year, in accordance with approved public accounting practice, and in such form and such detail as may be necessary to present an accurate description of the financial condition of the state during the preceding fiscal year. The reports of the State Auditor and the State Treasurer shall be bound with, and printed as a part of, the report. (6) To conduct such studies, to secure such information and data, to make such reports, and to furnish such information as may be required by the Governor or the Legislature.
History: (Acts 1939, No. 112, p. 144; Code 1940, T. 55, §62; Act 2015-435, p. 1399, §3; Act 2023-500, §1.)