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"I look forward to bringing forward my ideas for reforming state government and to leading the office of state controller," Strickland said in a press release.
Strickland, a Thousand Oaks resident whose district includes part of the Santa Clarita Valley, is scheduled to make a formal announcement this afternoon at a news conference in Santa Clara.
The state controller manages about $100 billion in state tax funds and investigates claims of fraud and misuse of tax revenue by public organizations.
This won't be the first time Strickland has run for the position. He ran in 2006 but lost to John Chiang, D-Torrance, by about a million votes, according Secretary of State election archives.
Strickland said he made his decision to run for controller after Republican gubernatorial candidate Meg Whitman asked him to do so.
"Meg is definitely looking forward to have him on this ticket," said Sarah Pompei, Whitman's spokeswoman. "Tony is a strong conservative and has the economic credentials to fix the economic crisis in California."
The last day to file for the June 8 election was Friday, said officials with Los Angeles County's Registrar of Voters.
