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CA Controller Unveils Sexual Harassment Prevention Proposal to Expand Training and Transparency

CA Controller Unveils Sexual Harassment Prevention Proposal to Expand Training and Transparency

SACRAMENTO— Today, California State Controller Betty T. Yee announced plans to sponsor legislation to help address the prevalence of workplace sexual harassment across economic sectors and the lack of available data on sexual harassment legal settlements paid by the state. “Women throughout the state, from farmworkers to hotel housekeepers to restaurant line cooks, have shared […]

California Holds $8 billion in Unclaimed Property

California Holds $8 billion in Unclaimed Property

By Jennifer Felten According to the California State Controller website, the State of California is currently in possession of more than $8 billion in Unclaimed Property belonging to approximately 32.5 million individuals and organizations.  California has an Unclaimed Property Law where it takes possession of unclaimed property.  This law requires unclaimed property “holders” (such as […]

Controller Yee Expands Unclaimed Property Database

Controller Yee Expands Unclaimed Property Database

State Controller Betty T. Yee today announced her team has added tens of thousands of properties to her online database as a result of a new law. The expansion allows the State Controller’s Office (SCO) to identify and locate more owners of U.S. savings bonds and military awards held in safe deposit boxes. The Controller […]

CA Controller Finds Egregious Lack of Spending Controls, Misspent Funds at Panoche Water District

CA Controller Finds Egregious Lack of Spending Controls,  Misspent Funds at Panoche Water District

State Controller Betty T. Yee today announced that her team’s detailed review of the Panoche Water District’s administrative and accounting controls found prevalent and severe deficiencies, with 76 percent of internal control elements deemed inadequate. “The district’s egregious lack of spending oversight is shocking.  It is especially troubling in a region where effective water governance […]

State Controller Yee Updates: State Retiree Health Care Liability

State Controller Yee Updates:  State Retiree Health Care Liability

Applauds Significant Steps to Prefund Obligation The state’s cost for retiree health and dental benefits has grown to $76.68 billion, according to a report published today by State Controller Betty T. Yee. The liability represents the present-day cost to provide retiree health and dental benefits earned as of June 30, 2016 – one of the […]

CA Controller Reports State Revenues: Beating Estimates after Four Months of Shortfalls

CA Controller Reports State Revenues:  Beating Estimates after Four Months of Shortfalls

After four straight months of missed budget projections, California’s August revenues of $8.56 billion outpaced expectations by $425.2 million, or 5.2 percent, based largely on the strength of personal income tax receipts, State Controller Betty T. Yee reported today. Personal income tax (PIT) receipts of $4.79 billion in August were $373.4 million higher than predicted […]

CA Controller Publishes 2015 Salary Data for City and County Governments

CA Controller Publishes 2015 Salary Data for  City and County Governments

State Controller Betty T. Yee has updated her Government Compensation in California website to include 2015 self-reported data for cities and counties. The data covers 668,240 positions and a total of more than $42 billion in wages in 2015 for 54 counties and 459 cities. Users of the site can: View compensation levels on maps […]

CA Controller’s November Cash Report Shows State’s Three Major Taxes Beating Expectations

CA Controller’s November Cash Report Shows State’s Three Major Taxes Beating Expectations

State Lottery Payments Total $1.39 Billion for 2014-15 Fiscal Year

State Lottery Payments Total $1.39 Billion for 2014-15 Fiscal Year

State Controller Betty T. Yee announced today that payments from the Lottery Education Fund to school districts, higher educational institutions, and state agencies for the 2014-15 fiscal year totaled $1.39 billion. The Controller transmits the money each quarter to county treasurers, who apportion it to school districts. The Controller makes direct quarterly payments to the […]

CA Controller Adds 2014 Salary Data for K-12 Entities to Website

CA Controller Adds 2014 Salary Data for K-12 Entities to Website

State Controller Betty T. Yee has updated her Government Compensation in California website to include 2014 self-reported data for 538 K-12 public school districts, charter schools, and county offices of education. The data covers 609,259 positions and a total of more than $22 billion in wages in 2014. Users of the site can: View compensation […]

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