It shall be the duty of the Department of Finance:
(1) To manage, supervise and control all matters pertaining to the fiscal affairs and fiscal procedure of the state, except such as may, by the constitution or statute, be specifically required to be performed by the Auditor, the Treasurer or the Department of Revenue, and to keep all records, accounts, and data relating thereto.
(2) To manage and supervise all state real property wherever located through a centralized organization within the department.
(3) To manage, supervise and control the insurance of all state property, wherever located.
(4) To operate, manage, and administer the State Insurance Fund.
(5) To make the annual financial report of the state, as soon as possible after the close of each fiscal year, in accordance with approved public accounting practice, and in such form and such detail as may be necessary to present an accurate description of the financial condition of the state during the preceding fiscal year. The reports of the Auditor and the Treasurer shall be bound with, and printed as a part of, such report.
(6) To conduct such studies, to secure such information and data, to make such reports, and to furnish such information as may be required by the Governor or the Legislature.
Structure Code of Alabama
Chapter 4 - Department of Finance.
Article 1 - General Provisions.
Section 41-4-2 - General Purpose of Department; Seal.
Section 41-4-3 - Duties of Department Generally.
Section 41-4-3.1 - Monthly Reports on Condition of General Fund and Education Trust Fund.
Section 41-4-4 - Certain Appropriations to Be Expended by Department.
Section 41-4-5 - Appointment of Employees; Officers and Employees Subject to Merit System.
Section 41-4-6 - Oath of Office and Full-Time Service of Officers and Chiefs of Divisions.
Section 41-4-7 - Bonds of Comptroller, Purchasing Agent, Chiefs of Divisions of Department, Etc.
Section 41-4-9 - Grants Received From the Federal Government.
Section 41-4-8 - Powers and Duties of Department as to Educational and Eleemosynary Institutions.
Section 41-4-10 - Use of Funds in Sinking Fund - Purchase and Holding in Trust of State Bonds.
Section 41-4-13 - Use of Funds in Sinking Fund - Deposit of Funds in Savings Banks.
Section 41-4-15 - Use of Funds in Sinking Fund - Sinking Fund Not to Be Diverted From Its Object.