Accounting. The Department of Finance (Finance) is charged with the responsibility for devising the state s uniform accounting system and for setting statewide fiscal and accounting policies and procedures pursuant to Government Code sections 13300 and 13310 respectively. Coordination of the system of accounts kept by the individual state departments with the central accounts kept by the State Controllerâs Office (SCO). 2  Uniform and consistent accounting and reporting among all state departments. 3  Consistency between accounting and budgeting procedures.
The most staggering aspect of this data is that California is, at the same time, the state with the highest poverty rate in the US, based on the Supplemental Poverty Measure (SPM) criterion, with an average of 23.8 percent for the years 2010-2014.
The states with the lowest deep poverty ratesâthat is, the lowest proportion of people living below 50 percent of their poverty thresholdsâin 2011 were New Hampshire (4.4 percent), Wyoming (4.7 percent), Alaska (4.7 percent), New Jersey (4.8 percent), and Vermont (4.9 percent).nofficial estimates by researchers before that time found a poverty rate in 1914 of 66 percent; 78 percent in 1932; 32 percent in 1947; and 24 percent in 1958. [2] Figure 1 shows more recent poverty rates, in 1968, 1990, and 2012, using the official measure.