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CA Controller Reports Revenues $2.68 Billion Short of 2016-17 Budget Act

CA Controller Reports Revenues $2.68 Billion Short of 2016-17 Budget Act

California total revenues of $16.63 billion for June fell short of projections in the governor’s revised budget released two months ago by 2.5 percent, State Controller Betty T. Yee reported today. The 2017-18 fiscal year began July 1.  For the fiscal year that ended June 30, total revenues of $121.91 billion missed May Revision estimates […]

CA Controller Finds Reckless Spending in South El Monte

CA Controller Finds Reckless Spending in South El Monte

State Controller Betty T. Yee today announced that her team’s detailed review of the City of South El Monte’s administrative and accounting practices found prevalent and severe deficiencies, with 88 percent of internal control elements deemed inadequate. “South El Monte officials demonstrated a culture of incompetence and blatant disregard for accountability of taxpayer dollars,” said […]

CA Controller Reports State Revenues Top March Projections 

CA Controller Reports State Revenues Top March Projections 

California revenues of $7.63 billion for March beat projections in the governor’s proposed 2017‑18 budget by $1.73 billion, or 29.2 percent, State Controller Betty T. Yee reported today.  March revenues were just $56.5 million above estimates in the 2016-17 Budget Act signed last summer.   For the first nine months of the 2016-17 fiscal year that […]

Clarification of status of state review of Oxnard audit

Clarification of status of state review of Oxnard audit

By George Miller Recently, CitizensJournal.us published an Oxnard press release about the status of a review of Oxnard’s auditor’s process employed on Oxnard’s 2015/16 audit. Some people interpreted that as a clean bill of health for Oxnard’s audit (incorrect). Others interpreted it as an endorsement that the audit methodology was followed correctly (not completely true). That is […]