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Opinion

California’s 2021 Annual Financial Report Is Finally Here

California’s 2021 Annual Financial Report Is Finally Here
The California State Capitol building in Sacramento on April 18, 2022. John Fredricks/The Epoch Times
John Moorlach
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Commentary
The state of California has finally released its latest Annual Comprehensive Financial Report (ACFR) for the year ending June 2021, months after the previous State Controller left the building. This is supposed to be issued within 180 days, not 21 months. We can assume that the June 2022 report will be available a year from now. Unbelievable!
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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