Tag "betty yee"

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Board 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

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CalWatchdog 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

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State 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

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CalWatchdog 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

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Controller 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

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Initiatives 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

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Controller 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

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CA 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

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University 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

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CA 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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