California may have had hundreds of millions of dollars more on hand than the governor and lawmakers knew about as they struggled to close the budget deficit this year, a Los Angeles Times analysis shows.Do you want these crooks running your health care plan?
Officials are scrambling to explain discrepancies in about two dozen state funds identified in a comparison of balance sheets from the controller's office and the administration of Gov. Jerry Brown.
One case involved $113 million sitting unnoticed in a bottle recycling program. The money could have helped stave off cuts in welfare, health care or parks, but lawmakers were told the program was broke and dipped into other funds to keep it afloat.
Tuesday, July 31, 2012
Millions of dollars may lie dormant in California's special funds
McClatchy reports: