MORE ON: finance

Daily Report: Money and Politics

Auditor: State owed up to $20.8 million but fails to collect

July 2, 2012, 12:05 AM
The state may have failed to recover up to $20.8 million lost to waste, fraud and other problems, according to data provided by the California State Auditor. The money represents a tiny fraction of California’s projected $91.3 billion budget. But given the state’s financial... + read more
Daily Report: Money and Politics

State challenges local redevelopment budgets

April 19, 2012, 12:05 AM
In the flurry surrounding the end of redevelopment, 60 state Department of Finance officials are scouring local redevelopment budgets to determine whether their claims about existing debts and obligations are legal. Cities and other local entities that are overseeing the shutdown of... + read more
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