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Saturday, June 9, 2018

Latest Cash Report

The latest cash report from the state controller can be read in two ways. For the first eleven months of the current fiscal year, revenues are about $4.5 billion ahead of projections made when the budget was originally enacted last June. But it is about $780 million behind projections made by the governor as part of his May Revise budget.

Source: https://www.sco.ca.gov/Files-ARD/CASH/May%202018%20Statement%20of%20General%20Fund%20Cash%20Receipts%20and%20Disbursements.pdf

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