State Controller – Page 2 – California Globe

California Only State That Fails To Publish Annual Financial Report Due Last Year

August 25, 2020 7:18 amAugust 25, 2020 11:00 am

The California State Controller Betty Yee has plenty of time for distance work, by not actually completing the certified annual audit of the state’s finances. Illinois was delayed last year but got its in before California – which is still...

California’s Balanced Budget Requirement

June 12, 2020 7:09 amJune 12, 2020 7:16 am

Does California have to adopt a “balanced budget”? The short answer is yes. But there are several interesting aspects to this requirement. Existing provisions of the California Constitution were interpreted to require a balanced budget. For example, Article IV, Section...