Tag "Special Funds"
Back to homepageHearing uncovered abuse of CA special funds
SACRAMENTO — Only in government is borrowing considered a legitimate way to balance a budget. In California it has become standard operating procedure. To address this growing problem, the state’s Special Funds were the subject of a hearing last week
Read MoreState bureaucrats get surprise smack down at hearing
March 7, 2013 By Katy Grimes SACRAMENTO — It has never been more apparent that unelected state bureaucrats are also unaccountable to the Legislature. I attend legislative committee hearings every week, and despite the questions from lawmakers, the bureaucrats obfuscate,
Read MoreConfusion: Each Calif. state agency uses different accounting numbers
Aug. 20, 2012 By Wayne Lusvardi In 15th century Italy, the Medici Bank issued two sets of currency: gold Florins for exclusive use by the wealthy and silver Piccioli only for use by the poor. Since it was forbidden to break
Read MorePark fund scandal a ruse to grab gas tax funds from off-roaders
Aug. 6, 2012 By Wayne Lusvardi The first wisdom of politics is that things often are not what they seem. This appears to be the case with the much ballyhooed report that former California State Parks Director Ruth Coleman “hid”
Read MoreFund transfers are purging earmarks from state budget
Aug. 1, 2012 By Wayne Lusvardi Is the scandal over the State Parks Director Ruth Coleman hiding $54 million in plain sight in a special fund account beginning to make the public aware of all the political earmarks in the
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