The division of financial management shall have the following duties, responsibilities, and authority:
(1) To study and recommend to the governor methods of interdepartmental cooperation and consolidation within the executive branch of government;
(2) To study and recommend to the governor methods for improving efficiency of interdepartmental functions;
(3) To provide technical assistance to state agencies when requested;
(4) To serve as a clearinghouse for information, data and material which may be helpful in determining needed legislation;
(5) To have the power to petition for and receive monies such as grants or gifts;
(6) To work to harmonize the planning activities of state agencies so that comprehensive statewide programs are consistent and to eliminate duplication where possible; and
(7) To carry out continuing studies and analyses of the problems faced by the state and develop such recommendations for administrative or legislative action as would appear necessary.