Tag "betty yee"
Back to homepageBoard of Equalization faces heavy criticism for mismanaged funds
Created to make California’s tax system work better, the Board of Equalization has found itself under a cloud of radical criticism, plunging it into a moment of extraordinary crisis. “At a chaotic budget hearing for an agency that collects a
Read MoreCalWatchdog Morning Read – January 26
State, feds on collision course over “sanctuary” policies El Monte mayor can’t stop bonus pensions Federal funding for San Bernardino shooting relief in jeopardy State’s unfunded retirement benefits keep growing Drought conditions lowest since April 2013 Good morning. TGIT. If today
Read MoreState Controller fined for disclosure violations from 2014
State Controller Betty Yee was fined $2,082 on Thursday by the state’s campaign ethics watchdog for violations during her 2014 run for office. The Fair Political Practices Commission found that in seven instances Yee’s state controller campaign did not file
Read MoreCalWatchdog Morning Read – July 12
State’s largest pension fund down since last year San Diego congressman swapping donations State controller dinged for late contribution reporting Oakland firm fined over $100,000 for laundering campaign contributions Big spending by pharmaceutical Good morning! Lots of ethics and campaign
Read MoreController Betty Yee publishes salary data for cities, counties
Public employees at California cities and counties took home more than $36 billion in compensation last year, according to new payroll data released by the state’s chief fiscal officer. State Controller Betty T. Yee disclosed the 2014 payroll data from 54 counties
Read MoreInitiatives filed to extend Prop. 30 tax hikes
California’s temporary income tax hikes aren’t set to expire until 2018, but that hasn’t stopped Sacramento special interest groups from laying the groundwork for campaigns to extend Proposition 30. In recent months, sponsors of tax increases have filed the necessary
Read MoreController expands eClaim feature for unclaimed property
California’s chief fiscal officer is making it easier to reclaim private property held by the state. State Controller Betty T. Yee announced earlier this month an expansion of the eClaim feature for the state’s unclaimed property program. Property owners will now
Read MoreCA Controller predicts Prop. 30 extension will be passed
At last Friday’s California Economic Summit sponsored by California Forward and the California Stewardship Network, state Controller Betty Yee predicted that a Proposition 30 extension and a cigarette tax will be on the 2016 ballot and both would pass. It was a prediction
Read MoreUniversity of California and stem cell agency highest paid state workers
California taxpayers paid out big bucks to state workers in 2014. How much? More than the Gross Domestic Product of 100 countries, according to new data published by the State Controller’s office. In 2014, more than 650,000 state employees earned a total
Read MoreCA tax board owes 27,000 overcharged taxpayers
The California Franchise Tax Board potentially owes millions of dollars to 27,000 taxpayers who were overcharged interest after applying overpayments from one year to estimated tax payments in the following year. Due to FTB interest miscalculations going back nearly two
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