How California’s Counties Doing Financially and Why It Matters? | John Moorlach

“Based on what we found 55 out of 58 counties are right now upside down. We have close to $200 billion in unfunded or unrestricted net deficit. Yet the legislature and the governor are signing budgets without even having solid financial data on how their state is running.”

(Episode 416) Siyamak sits down with John Moorlach, former California State Senator and Orange County Supervisor. He will talk about the latest report on how California counties and cities are doing financially, why the state is getting late on providing the reports and how it impacts.

“Based on what we found 55 out of 58 counties are right now upside down. We have close to $200 billion in unfunded or unrestricted net deficit. Yet the legislature and the governor are signing budgets without even having solid financial data on how their state is running.”

California County Financial Rankings : https://www.theepochtimes.com/opinion/elected-county-auditor-controllers-behaving-badly-5503459

Orange County Cities’ Financial Rankings https://www.theepochtimes.com/opinion/orange-county-cities-financial-rankings-for-2022-are-here-5306603

Southern California City Rankings: https://www.theepochtimes.com/opinion/how-does-your-southern-california-city-rank-on-fiscal-health-5410295

Bay Area Cities Rankings: https://www.theepochtimes.com/opinion/largest-bay-area-cities-rank-poorly-on-financial-health-5513688

Views expressed in this video/article are opinions of the author and do not necessarily reflect the views of California Insider.