Oxnard Investment Report- December 2016
By Phil Molina, Oxnard Treasurer Attached ( Bank Verification 12-2016 ) you will find the monthly cash report which includes the bank verifications, 2 pages summarizing the data in graphic representations plus charts showing a list of detailed investments outstanding as of December 31st. The bank verifications are attached for both the city’s general bank account as well […]
Revenues Below Expectations Four Months into Fiscal Year
California revenues of nearly $6.34 billion for October missed projections in the 2016‑17 Budget Act that Governor Jerry Brown signed in June, off by $330.5 million or 5.0 percent, State Controller Betty T. Yee reported today. The fiscal year-to-date total of $30.89 billion in revenues is now 1.1 percent below estimates. October personal income tax […]
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’s July Cash Report Shows Revenues Well Short of Budget Projections
July state revenues came in below projections in the 2016-17 Budget Act approved the previous month by $591.3 million, or 9.8 percent, with all three of the state’s main revenue sources falling short of expectations for the first month of the fiscal year, State Controller Betty T. Yee reported today. Retail sales and use taxes […]
CA Controller’s June Cash Report Highlights Volatility of Personal Income Taxes
California total revenues fell short of expectations for the third straight month in June, but overall revenues for the fiscal year outpaced projections made in the 2015-16 budget by $978.6 million, according to State Controller Betty T. Yee’s monthly report of California’s cash balance, receipts, and disbursements published today. June revenues were $524.4 million—or 3.1 […]
CA Controller’s May Cash Report Shows Lower-than-Expected Revenues
May state revenues fell short of projections in Gov. Jerry Brown’s revised budget proposal by $154.3 million, weighed down by corporation tax refunds far higher than expected, State Controller Betty T. Yee reported today. “The state’s other major taxes came close to or exceeded estimates in May, so we should not jump to conclusions about […]
