Department Of Finance
An audit of the California Public Utilities Commission found that the agency routinely makes errors in its budget and gives bad fiscal forecasts.
A new audit confirms that staff at the California Department of Parks and Recreation intentionally under-reported the amount of money in its accounts for at least 19 years.
The Legislative Analyst’s Office on Wednesday released a gloomy state fiscal outlook. It says tax revenue will fall short of the state’s projections, which could trigger midyear cuts to public schools, colleges and health care programs.