California School Finance Authority

Authority Members

John Chiang

John Chiang
State Treasurer


Residence: Torrance, California.
Background: Mr. Chiang graduated with honors from the University of South Florida with a degree in Finance, and received his law degree from the Georgetown University Law Center. As State Treasurer, he oversees a bank that processes trillions of dollars in transactions every year. He sells California’s bonds, invests the State’s money and manages its cash. Prior to being elected Treasurer, he served from 2007 through 2014 as State Controller. In that office, he took steps during the Great Recession to preserve cash to meet obligations to education and bond holders, worked to ensure the fiscal solvency of the State’s pension plans, and ensured that $3.1 billion in unclaimed property was returned to the rightful owners. Prior to serving as Controller, he was elected to the Board of Equalization in 1998, where he led with innovative taxpayer-friendly services such as the State's free income tax return preparation service, ReadyReturn.

 
Tom Torlakson

Tom Torlakson
Superintendent of Public Instruction


Residence: Pittsburg, California.
Background: Tom Torlakson was elected to a four-year term as California’s 27th State Superintendent of Public Instruction on November 2, 2010. As chief of California’s public school system and leader of the California Department of Education, Superintendent Torlakson applies his experience as a science teacher, high school coach, and state policymaker to fight for students and to improve the State’s public education system. During his tenure in the California State Legislature, Torlakson acted to protect education funding, improve student nutrition and physical education, and ensure school safety. He also championed legislation to increase funding for textbooks, computers, and other instructional materials and efforts to close the digital divide, eliminate the achievement gap, and reduce the dropout rate. Born in San Francisco, Torlakson served as a fireman in the United States Merchant Marine, earning the Vietnam Service Medal. He earned a B.A. in History, a Life Secondary Teaching Credential, and an M.A. in Education from the University of California, Berkeley. Tom lives in Pittsburg with his wife, Mae Cendaña Torlakson, a member of the Ambrose Recreation and Park District Board of Directors.

 
Keely Martin Bosler

Keely Martin Bosler
Director of Finance


Residence: Sacramento, California.
Background: Keely Martin Bosler was appointed as Director of the California Department of Finance by Governor Jerry Brown in August 2018. She serves as the Governor’s chief fiscal policy advisor. Prior to becoming Director, she served as Cabinet Secretary in the Office of the Governor from 2016 to 2018. Director Bosler served as Chief Deputy Director for budget at the Department of Finance from 2013 to 2016. Director Bosler was Staff Director for the California State Senate Budget and Fiscal Review Committee from 2010 to 2013, where she was a consultant from 2004 to 2009. She served as Associate Director for fiscal services at the California Department of Corrections and Rehabilitation’s Budget Management Branch from 2009 to 2010, and as a Fiscal and Policy Analyst at the California Legislative Analyst’s Office from 2000 to 2004. Director Bosler earned a Master of Science degree in applied economics from Cornell University.