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.
In 2014, Louisiana was the state with the highest rate of poverty in the United States, with 23.1% of its citizens living below the poverty threshold. By contrast, the state with the lowest poverty rate in the country was New Hampshire, with 7.2 % living below the poverty threshold. The Poor States. Many of the states with the highest rates of poverty in the USA are located in the countryÂ´s deep south, and these include West Virginia, Kentucky, and Louisiana.