SACRAMENTO—State Controller Betty T. Yee today issued the following statement in response to Governor Gavin Newsom’s proposed Fiscal Year 2022-23 California State Budget:
“I am encouraged the Governor continues to invest California’s budget surplus in its people and its natural resources, while working to retire unfunded liabilities that threatened to weigh down our economy in the long term. California continues its efforts to ensure its people are housed and receiving critical services. We are working to conserve our incomparable lands and waters, while properly managing our forests to protect communities in the face of climate-driven wildfires. California has pragmatically weathered what could have been a devastating blow to our economy and continued its growth. What we need now is strong accountability for this record spending. Californians deserve and should expect to see measurable results from these investments as they apply to the crisis of homelessness, climate mitigation, and other critical areas.”
As the chief fiscal officer of California, Controller Yee is responsible for accountability and disbursement of the state’s financial resources. The Controller has independent auditing authority over government agencies that spend state funds. She is a member of numerous financing authorities, and fiscal and financial oversight entities including the Franchise Tax Board. She also serves on the boards for the nation’s two largest public pension funds. Elected in 2014 and reelected in 2018, Controller Yee is the tenth woman elected to a statewide office in California’s history. Follow the Controller on Twitter at @CAController and on Facebook at California State Controller’s Office.
Contact: Jennifer Hanson