The FBEI is proud to be the Economic Forecasting Unit to the California State Treasurer's Office, with Chief Economist Dr. Lynn Reaser holding the position as Chief Economist to the Treasurer's Council of Economic Advisors.  Reaser has served the council as a member since 2010 and has advised the treasurer on economic issues related to California's economy, the state's fiscal health, and the most efficient use of state resources. She also authors economic articles for the treasurer's website. In her role as chief economist, she conducts special sessions for the treasurer and his executive staff on critical economic topics, issues, and trends.

While the role of providing these services is multifaceted, it is primarily centered on providing high-level independent macroeconomic analysis to the Honorable John Chiang, California State Treasurer. Some of the critical responsibilities for the Institute's team are to provide data and analysis to the treasurer's executive staff, as well as assist in the research, data preparation, analysis and display of economic and fiscal conditions.