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Opinion

California Finally Releases Its Latest Annual Financial Report

California Finally Releases Its Latest Annual Financial Report
The California State Capitol in Sacramento, Calif., on March 9, 2014. Andre M, CC BY-SA 3.0
John Moorlach
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Commentary

While most municipalities in California are wrapping up their annual financial statement audits for the year ending June 30, 2021, the state just issued what’s known as its Annual Comprehensive Financial Report, (formerly known as the Comprehensive Annual Financial Report), for the preceding year, ending June 30, 2020.

John Moorlach
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.
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