The State Fiscal Accountability Authority was created by Act 121, the Restructuring Act of 2014. The agency is led by the five members of the Authority, and is comprised of the Insurance Reserve Fund and the Division of Procurement Services. An independent auditing function is administered through the Office of the State Auditor.
State Fiscal Accountability Authority Members
The Authority is made up of the Governor, the Treasurer, the Comptroller General, the Chairman of the Senate Finance Committee, and the Chairman of the House Ways and Means Committee.