State Finance and Governance Board

A five-member board that serves under the Governor in the Executive Office for Administration and Finance to oversee investment, borrowing, and other financial transactions by state entities.

The powers and responsibilities of the State Finance and Governance Board set forth in M.G.L. c. 6, § 98 are intended to promote transparency, public accountability and adherence to best practices by all state entities with respect to proper governance of state entities and investments, borrowing or other financial transactions made or entered into by state entities and involving public funds, including tax supported debt. The Board’s membership is established under M.G.L. c. 6, § 97.

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