Welcome to the State of California Department of Finance

Reports and Periodicals


The Department of Finance prepares reports on matters that have a fiscal impact on California from the demographic make-up of the people of California; to short and long-term financial plans for infrastructure improvements; to financial audits and performance reviews of state agencies, programs, and projects.



Audits and Evaluations


  • Demographic Reports Prepared by the Demographic Research Unit, these reports provide data on the size, distribution, and make-up of the population of California.
  • Dynamic Revenue Analysis for California Prepared by the Economic and Financial Research Units, this technical report details the California Dynamic Revenue Analysis Model (DRAM), used by Finance to perform dynamic revenue analysis for proposed legislation having a revenue impact of ten million dollars or more. (The Department of Finance is no longer required to use the DRAM for bill analyses, thus, this model is no longer maintained. However, the California Air Resources Board is still a user of the model and can be reached at (916) 323-1182.)
  • Tax Expenditure Reports A detailed listing of tax expenditures, with a history of relevant legislative actions.

Legislative Analyses

  • Legislative Analyses As the Governor's chief fiscal policy advisor, Finance analyzes proposed legislation for fiscal impact and alignment with the Governor's Administration's policy priorities. Finance reports its findings and support position through Bill Analyses.



Finance also publishes periodicals featuring updates on California financial information:

  • Finance Bulletin A monthly economic update and cash report published by the California Department of Finance, in every month but January and May.
  • California Economic Indicators A bimonthly summary of economic trends and data relating to the State of California.