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CA Controller Appoints Transportation Planning Expert to High-Speed Rail Authority Peer Review Group

SACRAMENTO—With construction of the nation’s first high-speed rail system now under way in California, State Controller Betty T. Yee today appointed a key member to the group that reviews planning, engineering, and financial plans for the major transportation infrastructure project. Read the press release


CA Controller’s March Estimate Shows Receipts $547 Million over Projections

SACRAMENTO—March receipts for the state’s General Fund continued to show strength, coming in $547 million higher than anticipated in the Governor’s proposed budget, according to State Controller Betty T. Yee’s monthly report of California’s cash balance, receipts, and disbursements published today. Read the press release


CA Controller Directs State Franchise Tax Board to Review Interest Calculations

SACRAMENTO – State Controller and Franchise Tax Board Chair Betty T. Yee is directing FTB to review and adjust interest calculations related to two IRS rulings: May Department Stores v. United States (IRS Revenue Ruling 99-40) and Corporation Interest Netting (IRS Revenue Procedure 94-60). Read the press release


CA Controller Launches April Tax Tracker

SACRAMENTO—State Controller Betty T. Yee today launched a daily tracker allowing users to follow personal income tax receipts through April, a crucial period for the state’s fiscal outlook as Californians file tax returns. Read the press release


CA Controller Comments on Underground Economy Report

SACRAMENTO—State Controller Betty T. Yee issued the following statement on a report released Monday by the Little Hoover Commission on the effects of the underground economy. Read the press release


CA Controller’s Latest Cash Report Shows Revenues $1 Billion Over Projection

SACRAMENTO—State Controller Betty T. Yee today published her monthly report of California’s cash balance, receipts, and disbursements. February 2015 receipts totaled $6.6 billion, beating estimates in the Governor’s proposed 2015-16 budget by $1 billion, or 18.3 percent, and reflecting an overall strengthening of the economy. Read the press release


 

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