Run by California Democrats, Audit of Books Finds Accounting Errors in Excess of $31 Billion

California Rainy Day FundGov Brown’s Rainy Day Fund –Cartoon: CalWatchdog

(Breitbart) California’s Democrat Majority in Sacramento have lots of issues, the latest according to CBS Sacramento an audit of state books revealed accounting irregularities in excess of $31 Billion

The Audit Revealed:

  • $7.7 Billion Understated federal trust fund revenues and expenditures;
  • $653 Million Overstated general fund assets and revenues;
  • $8 Billion Overstated California State University’s bond debt;
  • $9.1 Billion Reporting Errors that understated a public building construction fund;
  • Also there was a deferred tax revenue figure posted as $6.2 Billion that was actually $6.2 Million

When will Gov Brown and Democrats apologize for their malfeasance and accept responsibility for the mess they created ?

Crickets Chirping…

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