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.
Childhood poverty is a big problem for states that are among the poorest. Many have a child poverty rate around 25 percent. Even more grim is that in 2012, 46.5 million U.S. citizens lived below the poverty line, slightly more than in 2011. That's 15 percent of the country. Click ahead to see which 10 states are the poorest, by median household income.