Which body is responsible for the financial management of the state in Arizona?

The Arizona State Treasurer is the body responsible for the financial management of the state in Arizona. This role includes overseeing the state's funds, managing investments, and ensuring that the state’s financial resources are allocated appropriately. The Treasurer is responsible for collecting and disbursing state revenues, maintaining the state's banking relationships, and managing the cash flow for state operations.

While the Arizona Legislature plays a significant role in creating the state budget and approving financial policies, it does not directly manage the day-to-day financial operations. The Governor's Office is involved in broader executive decision-making but not in the direct management of funds. The State Auditor focuses on financial accountability and ensuring that state funds are used appropriately, rather than overseeing the management of the state's finances. Thus, the Arizona State Treasurer's responsibilities distinctly position this office as the primary authority in the financial management of the state.