Saturday, March 11, 2017
Sometimes, you don't quite make it
Of course, the big revenue month is April and the missing revenu relative to the overall budget is not huge. It is a bit worrisome that it is concentrated in the sales tax which is a general indicator of consumption activity. But let's wait until April. Note, however, that requests by UC for more state funding are not helped by such numbers.
The controller's report is at http://sco.ca.gov/Files-ARD/CASH/February%202017%20Statement%20of%20General%20Fund%20Cash%20Receipts%20and%20Disbursements.pdf