b. The Chief Financial Officer for the State of Washington, D.C. shall be appointed by the Governor with the advice and consent, by Resolution, of the Legislative Assembly. The Chief Financial Officer shall be appointed for a term of 5 years. Any Chief Financial Officer may continue to serve beyond the appointed term until a successor takes office.
c. If there is a vacancy in the Office of the Chief Financial Officer as a consequence of resignation, permanent disability, death, or other reason, the Governor shall appoint one of the Deputy Chief Financial Officers to serve as the Chief Financial Officer in an acting capacity. The Governor shall promptly nominate a person to serve as Chief Financial Officer, for the remainder of the term during which the vacancy occurred; provided, that the Governor shall submit the nomination to the Legislative Assembly for its approval as provided in subsection (b) of this section.
d. The Chief Financial Officer may be removed only for cause by the Governor, subject to the approval of the Legislative Assembly by a Resolution approved by not fewer than 2/3 of the members of the Legislative Assembly present and voting.
e. The administration, organization, and operation of the Office of the Chief Financial Officer shall be under the jurisdiction and control of the Chief Financial Officer. The Chief Financial Officer’s duties shall include supervising and directing the activities of the Office, administering the personnel functions of the Office (including all laws relating to the appointment, promotion, duties, discipline, separation, and other conditions of employment of personnel), and reorganizing the Office.
f. The Chief Financial Officer shall, under the direction of the Governor, prepare the budgets and financial plans for the State of Washington, D.C. for submission by the Governor to the Legislative Assembly.
g. The Chief Financial Officer shall:
(2) prepare and submit to the Governor and the Legislative Assembly and make public annual fiscal-year estimates of all revenue for the State of Washington, D.C. and quarterly re-estimates of the revenues of the State of Washington, D.C. during the fiscal year;
(3) supervise and assume responsibility for financial transactions to ensure adequate control over revenues and resources;
(4) maintain systems of accounting and internal controls designed to provide full disclosure of the impact of the activities of the State of Washington, D.C. government, adequate financial information necessary for management purposes, effective control over and accountability for all funds, property, and other assets of the State of Washington, D.C., and reliable accounting results to serve as the basis for preparing and supporting agency budget requests and controlling the execution of the budget;
(5) submit to the Legislative Assembly a financial statement containing such details and at such times as the Legislative Assembly may specify;
(6) supervise and assume responsibility for the assessment of all property subject to assessments and taxes, which includes preparing tax maps, and providing notice of taxes and special assessments;
(7) supervise and assume responsibility for the levying and collection of all taxes, special assessments, licensing fees, and other revenues of the State of Washington, D.C. and receiving all amounts paid to it;
(8) maintain custody of all public funds;
(9) apportion funds made available so as to prevent deficiencies or a need for supplemental appropriations;
(10) certify all contracts and leases prior to execution as to the availability of funds;
(11) determine the regularity, legality, and correctness of bills, invoices, payrolls, claims, demands, or charges;
(12) supervise and administer all borrowing programs;
(13) administer the cash management program of the State of Washington, D.C.;
(14) administer such payroll and retirement systems as the Legislative Assembly may by Act assign to it;
(15) govern the accounting policies and systems of the State of Washington, D.C.;
(16) timely prepare yearly, quarterly, and monthly financial reports of the accounting and financial operations of the State of Washington, D.C.;
(17) prepare fiscal impact statements on such regulations, multiyear contracts, agreements, and proposed legislation as the Governor and Legislative Assembly may require by request or Act;
(18) certify all collective bargaining agreements and nonunion pay proposals as to the availability of funds before submission to the Legislative Assembly, and prepare any financial analysis requested by the Governor of proposed terms or agreements.
