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CA Controller Reports State Revenue Outpacing Expectations for September and 2018-19 Fiscal Year

CA Controller Reports State Revenue Outpacing Expectations for September and 2018-19 Fiscal Year

SACRAMENTO — State Controller Betty T. Yee today reported the state received $12.10 billion in revenue in September, exceeding projections in the 2018-19 fiscal year budget by 5.1 percent, or $582.4 million. This month, all of the “big three” revenue sources –– personal income tax (PIT), corporation tax, and sales tax –– came in higher […]

CA Controller Reports State Revenues Surpass Projections for August

CA Controller Reports State Revenues Surpass Projections for August

SACRAMENTO — For the month of August, California took in more revenue than estimated in the budget enacted at the end of June, State Controller Betty T. Yee reported today.  Total revenues of $9.98 billion for August were higher than anticipated in the budget by $1.14 billion, or 12.9 percent. For the first two months […]

CA Controller Reports State Revenues Missed Expectations for July

CA Controller Reports State Revenues Missed Expectations for July

SACRAMENTO— During the first month of the 2018-19 fiscal year, California took in less revenue than estimated in the budget enacted at the end of June, State Controller Betty T. Yee reported today.  Total revenues of $6.63 billion for July were lower than anticipated by $294.7 million, or 4.3 percent. While sales taxes missed the […]

CA Controller Reports State Revenues | Beat Expectations for June and the 2017-18 Fiscal Year

CA Controller Reports State Revenues | Beat Expectations for June and the 2017-18 Fiscal Year

SACRAMENTO—State Controller Betty T. Yee today reported California received more tax revenue than expected during the month of June and for the 2017-18 fiscal year, which ended June 30.  Total revenues of $19.91 billion for June were greater than anticipated in the budget signed in June 2017 by $2.30 billion or 13.1 percent. All of […]

With One Month Remaining in Fiscal Year, CA Controller Reports State Revenues Fall Short of Projections

With One Month Remaining in Fiscal Year,  CA Controller Reports State Revenues Fall Short of Projections

SACRAMENTO—State Controller Betty T. Yee today reported California brought in less tax revenue than expected during the month of May. Total revenues of $8.25 billion were below monthly estimates in the governor’s FY 2018-19 updated budget proposal by $784.2 million, or 8.7 percent. With one month left in the 2017-18 fiscal year that began in […]

Treasurer John Chiang Launches Bond Website with Eye to Generating More California Investments

Treasurer John Chiang Launches Bond Website  with Eye to Generating More California Investments

SACRAMENTO – State Treasurer John Chiang today launched a new effort to generate increased investments in California bonds through greater transparency and more competition. The new BuyCaliforniaBonds.com website offers greater efficiency and transparency to investors looking to invest confidently as they support California infrastructure projects. “I am on a mission to make California government more […]

Amid Economic Uncertainty, Controller Yee Echoes Governor’s Restrained Budget Planning

Amid Economic Uncertainty, Controller Yee Echoes Governor’s Restrained Budget Planning

  SACRAMENTO—As the governor’s Department of Finance released its proposed 2018-19 budget, State Controller Betty T. Yee reported today California’s total revenues of $16.25 billion for December were $2.79 billion above June’s budget expectations. “I can sum up the governor’s budget in one word: smart. The federal tax measure did not just stick it to […]

Oxnard Measure M Wastewater Trial Fails to Finish on Schedule- next hearing 2-23-18

Oxnard Measure M Wastewater Trial Fails to Finish on Schedule- next hearing 2-23-18

By George Miller Friday, January 5, 2018 was supposed to be the last day of the City of Oxnard vs. Aaron Starr civil lawsuit challenging the legality of the Measure M voter initiative rescinding the 2016 88% wastewater rate increase. This has dragged on for a year. Judge Rocky Baio slapped an injunction on Measure […]

Oxnard Measure M trial nears conclusion

Oxnard Measure M trial nears conclusion

  By William Westmiller & Deborah Baber-Savalla Aaron Starr and Oxnard City may complete their arguments tomorrow. After nearly two years of legal proceedings, the “Trial of Measure M” (City of Oxnard vs. Aaron Starr) could be concluded tomorrow, according to defense attorney Chad Morgan. The dispute over wastewater treatment rates will be in the […]

Busy day in court for City of Oxnard vs. Aaron Starr Measure M wastewater case

Busy day in court for City of Oxnard vs. Aaron Starr Measure M wastewater case

By George Miller   Starr and City fight it out on the numbers, alleged harm to the city and Measure M financial justification On Friday, December 29, 2017, the City of Oxnard did battle vs local manufacturing financial officer, activist and Council recall initiator Aaron Starr. in Ventura County Superior Court, with Judge Rocky Baio presiding. […]

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