Who We Are

The Division of Financial Management (DFM) provides budget, policy, and economic analysis to support responsible fiscal decision-making and efficient government operations.

Our Mission

Support the Governor in overseeing the implementation of the Governor’s vision across the Executive Branch. DFM’s mission is to assist the Governor in meeting policy, budget, management, and regulatory objectives and to fulfill the agency’s statutory responsibilities.

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What We Do

We support the Governor's vision of short and long-term policies through effective resource allocation. DFM seeks to improve agency service delivery at the point of citizen impact by developing, monitoring, and publicizing performance outcomes, facilitating the development of the executive budget recommendation, and providing a proactive policy resource for the Governor to shape Idaho's future.

About DFM

The Division of Financial Management is comprised of four specialized bureaus that work closely with each other and state agencies to provide fiscal and policy support. This collaboration ensures efficient resource allocation, informed policy decisions, and effective financial management. Together, DFM supports Idaho's mission of responsible and transparent government.

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The Fiscal & Operations Bureau

Provides essential administrative and operational support to the division and other state entities, ensuring efficient and effective operations.
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The Budget Bureau

Oversees the state budgets process, ensuring fiscal responsibility and alignment with the Governor's priorities.
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The Economic Analysis Bureau

Conducts research, forecasts, and data analysis to support informed policy and budget decisions for the state.
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The Regulatory & Legislative Affairs Bureau

Oversees the regulatory and legislative process to ensure compliance and transparency in rulemaking.
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The Fiscal & Operations Bureau

Provides essential administrative and operational support to the division and other state entities.

Learn More

The Budget Bureau

Oversees the state budgets process, ensuring fiscal responsibility and alignment with the Governor’s priorities.

Learn More

The Economic Analysis Bureau

Conducts research, forecasts, and data analysis to support informed policy and budget decisions for the state.

Learn More

The Regulatory & Legislative Affairs Bureau

Oversees the regulatory and legislative process to ensure compliance and transparency in rulemaking.

Learn More
Budget Bureau Analyst Assignments

Budget Bureau Analyst Assignments

A comprehensive list of our budget analysts and the agencies or programs they support.
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Leadership Highlights

Lori Wolf, Administrator

Lori Wolff

Administrator

Lori Wolff is the State Budget Director at the Division of Financial Management. Prior to her appointment in June 2024, she served as the Director of Operations for Governor Brad Little and was the Administrator of the Governor’s Division of Human Resources (DHR). She has also served as interim director at the Governor’s Office of Energy and Mineral Resources and the Idaho Department of Administration. Additionally, she spent 18 years at the Idaho Department of Health and Welfare, serving as deputy director and division administrator, among other positions.

A lifelong Idahoan, Wolff was born and raised in Salmon, Idaho, and earned a master’s degree in public administration from Idaho State University.

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Justin Collins, Deputy Administrator

Justin Collins

Deputy Administrator/State Financial Officer

Justin Collins is an accomplished financial leader with over 12 years of experience in public administration, financial management, and process improvement. He serves as the Deputy Administrator of the Division of Financial Management (DFM) and State Financial Officer, overseeing statewide financial operations, fiscal accountability, and long-term financial strategy. He represents DFM on the State Fiscal Policy Advisory Committee, Idaho Credit Rating Enhancement Committee, Idaho Technology Authority, and chairs the Board of Examiners Subcommittee.

Born and raised in Post Falls, Idaho, Justin is a U.S. Air Force veteran with 20 years in Logistics, developing strong leadership and process-improvement skills. He later served at the Idaho Transportation Department as Budget Officer and Executive Financial Officer, managing major budgets, leading financial planning, and driving cost-saving initiatives.

Justin holds an MBA from Northwest Nazarene University and is dedicated to professional growth, responsible fiscal stewardship, and operational excellence in state government.

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Christopher Davis, Budget Bureau Chief

Christopher Davis

Budget Bureau Chief

Christopher Davis is an experienced public sector professional with over 24 years of expertise in budget management, nonprofit leadership, and organizational development. He currently serves as the Budget Bureau Chief for the Idaho Division of Financial Management (DFM), the Governor’s office of budget and administrative rules, where he oversees a critical component of the state’s budgeting processes and ensuring fiscal responsibility. With a strong background in financial planning, Christopher has earned a reputation for delivering results and demonstrating leadership.

Previously, Christopher was the Budget Officer for the Office of the State Controller of Idaho for over six years, where he played a crucial role in the state’s budget process and financial forecasting. His

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Lauren Smyser, Policy and Regulatory Chief

Lauren Smyser

Policy and Regulatory Chief

Lauren Smyser serves as the Chief of the Regulatory and Legislative Affairs Bureau and Deputy Counsel. She is an attorney licensed to practice in Idaho. Prior to working at the Division of Financial Management, Lauren practiced healthcare law at Smith + Malek Attorneys. She also interned for U.S. Senator Mike Crapo and externed for Governor Brad Little.

Lauren graduated summa cum laude from The College of Idaho. She received her Juris Doctorate from the University of Idaho College of Law, where she also graduated summa cum laude. A dedicated Vandal, she served on the Idaho Law Review as Chief Symposium Editor. While at the University of Idaho College of Law, Lauren was awarded the UI Alumni Award for Excellence. In 2024,

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Administrator

Lori Wolff

Lori Wolff is the State Budget Director at the Division of Financial Management. Prior to her appointment in June 2024, she served as the Director of Operations for Governor Brad Little and was the Administrator of the Governor’s Division of Human Resources (DHR). She has also served as interim director at the Governor’s Office of Energy and Mineral Resources and the Idaho Department of Administration. Additionally, she spent 18 years at the Idaho Department of Health and Welfare, serving as deputy director and division administrator, among other positions.

A lifelong Idahoan, Wolff was born and raised in Salmon, Idaho, and earned a master’s degree in public administration from Idaho State University.

Deputy Administrator/State Financial Officer

Justin Collins

Justin Collins is an accomplished financial leader with over 12 years of experience in public administration, financial management, and process improvement. He serves as the Deputy Administrator of the Division of Financial Management (DFM) and State Financial Officer, overseeing statewide financial operations, fiscal accountability, and long-term financial strategy. He represents DFM on the State Fiscal Policy Advisory Committee, Idaho Credit Rating Enhancement Committee, Idaho Technology Authority, and chairs the Board of Examiners Subcommittee.

Born and raised in Post Falls, Idaho, Justin is a U.S. Air Force veteran with 20 years in Logistics, developing strong leadership and process-improvement skills. He later served at the Idaho Transportation Department as Budget Officer and Executive Financial Officer, managing major budgets, leading financial planning, and driving cost-saving initiatives.

Justin holds an MBA from Northwest Nazarene University and is dedicated to professional growth, responsible fiscal stewardship, and operational excellence in state government.

Budget Bureau Chief

Christopher Davis

Christopher Davis is an experienced public sector professional with over 24 years of expertise in budget management, nonprofit leadership, and organizational development. He currently serves as the Budget Bureau Chief for the Idaho Division of Financial Management (DFM), the Governor’s office of budget and administrative rules, where he oversees a critical component of the state’s budgeting processes and ensuring fiscal responsibility. With a strong background in financial planning, Christopher has earned a reputation for delivering results and demonstrating leadership.

Previously, Christopher was the Budget Officer for the Office of the State Controller of Idaho for over six years, where he played a crucial role in the state’s budget process and financial forecasting.

Regulatory & Legislative Affairs Bureau Chief | Deputy Counsel

Lauren Smyser

Lauren Smyser serves as the Chief of the Regulatory and Legislative Affairs Bureau and Deputy Counsel. She is an attorney licensed to practice in Idaho. Prior to working at the Division of Financial Management, Lauren practiced healthcare law at Smith + Malek Attorneys. She also interned for U.S. Senator Mike Crapo and externed for Governor Brad Little.

Lauren graduated summa cum laude from The College of Idaho. She received her Juris Doctorate from the University of Idaho College of Law, where she also graduated summa cum laude. A dedicated Vandal, she served on the Idaho Law Review as Chief Symposium Editor. While at the University of Idaho College of Law, Lauren was awarded the UI Alumni Award for Excellence. In 2024, the Idaho Business Review awarded her its Up and Coming, Leaders in Law award.

She serves as the Vice Chair of the Idaho State Bar Health Law Section and is a member of the Philanthropic Educational Organization, a philanthropic, educational organization for women.

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