Monday, December 23, 2019

California’s Accounting System Cost Taxpayers $1.1 Billion And Still Can’t Produce A State Checkbook

California State Controller Betty Yee admits to paying 49 million bills last year.

Out of the 50 states, California is the only one that refuses to produce its state checkbook to our auditors at OpenTheBooks.com.

In 2013, then-California State Controller John Chang rejected our public records request for the state checkbook telling us: stop asking because the records can't be located.

She's charged with tracking "Every dollar spent by the state." Her duties include paying the bills and all state accounting, bookkeeping, payroll, and auditing- including financial and compliance audits and attestations.

Just 34 pennies of every $100 spent by CA state government was identified as waste, fraud, abuse, or ... [ ]OpenTheBooks.com It's time to open the state checkbook.

The FISCAL website will never contain the spending for ten major units of state government including colleges and universities, the California Public Employees' Retirement System, the state legislature, California State Teachers' Retirement System, and the office of legislative counsel.

The state spends more than $320 billion per year with federal taxpayers funding $106 billion of it.

https://www.forbes.com/sites/adamandrzejewski/2019/12/12/californias-accounting-system-cost-taxpayers-11-billion-and-still-cant-produce-a-state-checkbook/#7a00d2cd1533

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