Commentary
California has 482 cities and towns. They provide audited financial statements of their fiscal status every year, just like publicly traded companies and most businesses and nonprofits of significant stature.
The California State Capitol building in Sacramento, Calif., on April 18, 2022. John Fredricks/The Epoch Times
John Moorlach
Author
John Moorlach is the director of the California Policy Center's Center for Public Accountability. He has served as a California State Senator and Orange County Supervisor and Treasurer-Tax Collector. In 1994, he predicted the County's bankruptcy and participated in restoring and reforming the sixth most populated county in the nation.
