Amid Economic Uncertainty, Controller Yee Echoes Governor’s Restrained Budget Planning
As the governor's
"I can sum up the governor's budget in one word: smart. The federal tax measure did not just stick it to
Personal income taxes (PIT) and corporation taxes, two of the "big three" sources of General Fund dollars, exceeded projections for the month. All three, including retail sales and use taxes, are ahead of fiscal year-to-date estimates. For the first half of the 2017-18 fiscal year, total revenues of
For December, PIT receipts, the state's largest revenue source, were
Corporation taxes for December of
Sales tax receipts of
Unused borrowable resources through December exceeded projections by
For more details, read the monthly cash report: http://www.sco.ca.gov/ard_state_cash_fy1718.html. The Controller's California Fiscal Focus newsletter: https://www.sco.ca.gov/Files-EO/01-18summary.pdf this month explores efforts to address climate change through state land management and investor engagement with corporations.
As the chief fiscal officer of
After his law partner’s suicide, he got the widow to sign over millions. Enter lawsuit.
Attorney: Buncich sentence of 15-20 years ‘outrageous’
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