Tag: Steinberg v. Chiang
What is the Role of the State Controller of California?
The State Controller is the chief fiscal officer of California, the fifth largest economy in the world. The Controller is responsible for accountability and disbursement of the state’s financial resources and conducts independent audits of government agencies that spend state...
California’s Balanced Budget Requirement
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...