The Agency has worked to create a positive work environment for its employees, encouraging innovative ideas and productive teamwork.  The dedicated staff is responsive and committed to serving the needs of our customers.  Developing cost-effective internal controls has been important in ensuring sound business processes and compliance with applicable laws and regulations.

The Agency, the State Fiscal Accountability Authority or SFAA, was established by the Restructuring Act of 2014, Act 121, and effective July 1, 2015.  SFAA is comprised of the Insurance Reserve Fund (IRF) and the Division of Procurement Services (DPS), both of which were transferred from the former South Carolina Budget and Control Board.