Why Can’t Government Financial Reporting Match Private Sector Standards?

September 23, 2020 6:09 amSeptember 23, 2020 6:22 am

If you want current financial information on California’s state government, you won’t find it. The most recent consolidated annual financial report for California’s state agencies is for the fiscal year ended 6/30/2018. That’s over two years, or nine quarters ago. To put...

Senator John Moorlach (Kevin Sanders for California Globe)

California’s Financial Future Looking Shaky After 2019 Legislative Session

September 23, 2019 8:37 amSeptember 23, 2019 4:22 pm

‘California’s unrestricted net deficit grew by 25 percent in the last year alone’ Following the close of the 2019 legislative session, Sen. John Moorlach (R-Costa Mesa) provided a listing of “California’s Dirty Baker’s Dozen: Veto-Worthy Policy Proposals that Shouldn’t...