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CA Controller Reports February State Revenues Short of Budget Forecasts

CA Controller Reports February State Revenues Short of Budget Forecasts

SACRAMENTO — California’s total revenues of $5.51 billion in February were lower than forecasted in the governor’s proposed 2019-20 fiscal year budget by $1.34 billion, or 19.5 percent, and in the FY 2018-19 Budget Act by $2.01 billion, or 26.7 percent, State Controller Betty T. Yee reported today. Two-thirds of the way through FY 2018-19, […]

CA Controller Reports State Revenues Opened 2019 Mostly Below Projections

CA Controller Reports State Revenues Opened 2019 Mostly Below Projections

SACRAMENTO — State Controller Betty T. Yee reported California’s total revenues of $18.79 billion in January were lower than estimates in the governor’s 2019-20 fiscal year budget proposal by $1.81 billion, or 8.8 percent, but higher than projections in the FY 2018-19 Budget Act by $1.21 billion, or 6.9 percent. Total revenues of $74.42 billion […]

As Governor Releases First Budget Proposal, CA Controller Reports State Closed 2018 Short of Expectations

As Governor Releases First Budget Proposal, CA Controller Reports State Closed 2018 Short of Expectations

SACRAMENTO — On the day Governor Gavin Newsom proposed his first budget, State Controller Betty T. Yee reported California’s revenues in December fell short of assumptions in the 2018-19 fiscal year budget by $4.82 billion. For the fiscal year, revenues of $55.63 billion are 4.4 percent ($2.54 billion) less than projected in the budget, which […]

CA Controller Reports State Revenues Top Estimates in November

CA Controller Reports State Revenues Top Estimates in November

SACRAMENTO — State Controller Betty T. Yee today reported the state received $9.69 billion in revenue in November, exceeding projections in the 2018-19 fiscal year budget by 15.1 percent, or $1.27 billion. Personal income tax (PIT), sales tax, and corporation tax –– the state’s “big three” revenue sources –– all were higher than expected in […]

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 […]

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