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CA Controller Reports February State Revenues Short of Budget Forecasts

CA Controller Reports February State Revenues Short of Budget Forecasts

SACRAMENTO — California’s total revenues of $5.51 billion in February were lower than forecasted in the governor’s proposed 2019-20 fiscal year budget by $1.34 billion, or 19.5 percent, and in the FY 2018-19 Budget Act by $2.01 billion, or 26.7 percent, State Controller Betty T. Yee reported today. Two-thirds of the way through FY 2018-19, […]

CA Controller Publishes 2017 Salary Data for Special Districts

CA Controller Publishes 2017 Salary Data for Special Districts

SACRAMENTO — State Controller Betty T. Yee today updated her Government Compensation in California website to include 2017 self-reported data for special districts.  The data cover a total of 165,013 positions, $9.21 billion in wages, and $2.79 billion in health and retirement costs for 3,043 special districts. Users of the site can: View compensation levels […]

CA Controller Reports State Revenues | Beat Expectations for June and the 2017-18 Fiscal Year

CA Controller Reports State Revenues | Beat Expectations for June and the 2017-18 Fiscal Year

SACRAMENTO—State Controller Betty T. Yee today reported California received more tax revenue than expected during the month of June and for the 2017-18 fiscal year, which ended June 30.  Total revenues of $19.91 billion for June were greater than anticipated in the budget signed in June 2017 by $2.30 billion or 13.1 percent. All of […]

Controller Yee Updates State Retiree Health Care Liability

Controller Yee Updates State Retiree Health Care Liability

SACRAMENTO—Under new accounting standards created by the Governmental Accounting Standards Board (GASB), the state’s cost for retiree health and dental benefits has grown to $91.51 billion, according to a report published today by State Controller Betty T. Yee. The liability represents the present-day cost to provide health and dental benefits to state retirees and their […]

Amid Economic Uncertainty, Controller Yee Echoes Governor’s Restrained Budget Planning

Amid Economic Uncertainty, Controller Yee Echoes Governor’s Restrained Budget Planning

  SACRAMENTO—As the governor’s Department of Finance released its proposed 2018-19 budget, State Controller Betty T. Yee reported today California’s total revenues of $16.25 billion for December were $2.79 billion above June’s budget expectations. “I can sum up the governor’s budget in one word: smart. The federal tax measure did not just stick it to […]