According to State Auditor Elaine Howle, the state has a negative net worth of $127.2 billion due to continued spending during the fiscal crisis.
1 comment:
Anonymous
said...
Don't forget the State's Pension Deficit Liabilities for CalPers and the California State Teacher's retirement system is a big negative. Taxpayer's are financially responsible for the dereliction of duty by the state elected officials. Get your checkbooks out, more taxes, fees, surcharges coming your way.
1 comment:
Don't forget the State's Pension Deficit Liabilities for CalPers and the California State Teacher's retirement system is a big negative.
Taxpayer's are financially responsible for the dereliction of duty by the state elected officials.
Get your checkbooks out, more taxes, fees, surcharges coming your way.
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