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Audit reveals ‘serious and pervasive deficiencies’ in West Covina

A scathing audit by state Controller Betty T. Yee has found “serious and pervasive deficiencies” in the city of West Covina’s administrative and internal accounting controls. The problems with West Covina’s public contracts were so bad, the controller’s office says,

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State Controller Betty Yee to audit City of Industry

First, it was widespread corruption at the city of Bell. Next, came an even bigger embezzlement scandal in Pasadena. Now, it’s $326 million in cronyism at the City of Industry. This week, State Controller Betty T. Yee announced that her office

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State officials report expensive gifts and luxury trips

State lawmakers and constitutional officers accepted hundreds of thousands of dollars in international travel, fine wines, rounds of golf and expensive meals in 2014, according to annual financial disclosure reports filed this week with state ethics officials. Among the top

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Leg Analyst: Fix CA lost-and-found program

California needs to find ways to improve its lost-and-found program. That’s the conclusion of a new report by Legislative Analyst Mac Taylor. He reviewed the state program for returning unclaimed property to its rightful owners. At the end of 2014, the state

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Betty Yee flips, now backs high-speed rail

Board of Equalization member Betty Yee has changed her mind about the state’s controversial high-speed rail plan. During the June primary campaign, the Democratic candidate for state controller opposed Gov. Jerry Brown’s plan to build a faster rail connection between San Francisco

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FTB spends 5 years, fails to collect $392

  California’s Franchise Tax Board spent thousands of dollars over five years in the futile pursuit of a Redondo Beach septuagenarian for $392. For more than half of that time, FTB staff lost the taxpayer’s records and didn’t inform him

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Controller 2014: 7 reasons why John Perez should quit while he’s behind

The “sunk cost fallacy” — a self-destructive quirk of human behavior — explains why we persist in losing. We hold onto loser stocks, attend concerts we’d rather skip and demand recounts of decided elections. The sunk cost fallacy is alive and

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Perez requests recount in controller’s race

California’s never-ending race for state controller entered a new phase Monday, as election officials are expected to begin recounting ballots in at least two counties. On Sunday afternoon, Democratic Assemblyman John A. Perez, who finished just 481 votes behind Board

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Betty Yee declares victory in controller race

It isn’t over till it’s over, as Yoga Berra famously said. A recount still is possible. But Betty Yee has declared victory in her race for state controller over Assemblyman John Perez, D-Los Angeles. Entering the California Democratic Party’s spring

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Controller 2014: Why the cost of a recount favors Betty Yee

The too-close-to-call race for state controller remained unchanged Friday morning — as Lake County has yet to count its 6,053 unprocessed ballots. San Mateo County, the only other county in the state with unprocessed ballots, has just four provisional ballots

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