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 this PDF file:

Audit Review (pdf)

• 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

1. Methodology for and Discussion of the “Line-by-Line” Audit

2. Department/Activity General Fund Expenditures Amount and Percent Change FY1998–1999 to FY2002–2003
3. A Departmental Case Study: California Department of Corrections Increases in General Fund Expenditures from FY 1998–1999 to FY 2002–2003
4. Encumbrance Increases: June 30, 2000 to June 30, 2001
5. Encumbrance Balances at June 30, 2003
6. Existing Financial Systems Attributes
7. Top Concerns of Departments Sampled About Financial Management Systems
8. State of California Enterprise Financial Systems Summary of Lessons Learned
9. Other Public Sector Enterprise Financial Systems Summary of Lessons Learned
10. Other States’ Oversight and Monitoring of Performance