Welcome to the State Fiscal Accountability Authority

The State Fiscal Accountability Authority provides state agencies and political subdivisions with a variety of insurance products (property and liability) and procurement services of supplies, services, information technology, and construction. The agency performs life-safety and building preservation reviews prior to the construction of any new state building. In addition, the agency provides executive support for the Agency Head Salary Commission, the South Carolina Opioid Recovery Fund, and the agency’s five-member governing board. The agency’s board (the Authority) provides fiscal oversight through its review and approval of major government undertakings, such as bonded indebtedness, transactions involving real property, permanent improvement projects, and certain litigation settlements. Fiscal accountability is also realized through the Authority’s oversight of the State’s centralized auditing of each state agency’s procurement operation and its management of the State Auditor’s centralized financial audits.