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Posts Tagged ‘John Chiang’
 

money, coins, graph, business
Government

State refinances $1 billion of bonds, saving taxpayers over $180 Million

Posted April 24, 2015 by courtesy

State Treasurer John Chiang today announced the successful sale of $1.09 billion in State general obligation bonds, which included the refinancing of approximately $1 billion in previously-issued bond debt. “This successful sale is a strong indicator that investors are bullish about the Golden State.  From approval of a rainy day fund to aggressively paying down […]

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California-State-Treasurer-John-Chiang
Government

Successful California bond sale refinances more than $1 billion

Posted March 5, 2015 by courtesy

State Treasurer John Chiang today announced successfully completing the sale of $1.9 billion in State general obligation bonds, which included the refinancing of more than $1 billion in previously-issued bonds. “Despite investors’ concerns over future interest rates, this week’s sale showed a healthy appetite for California paper,” Chiang said. “Recent credit upgrades have increased the […]

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seal of the controller of the state of California
Government

California State Controller reports August revenues below budget estimates due to one-time transfer

Posted September 10, 2014 by courtesy

State Controller John Chiang today released his monthly report covering California’s cash balance, receipts and disbursements in August 2014. Total revenues for the second month of Fiscal Year 2014-15 were $6.7 billion, coming in below estimates in the Budget Act by $370.1 million, or 5.3 percent. Most of this shortfall reflected a one-time transfer of […]

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California state seal
Government

State Controller releases June cash update

Posted July 10, 2014 by courtesy

State Controller John Chiang today released his monthly cash report for the month of June, and announced that the state’s General Fund — the primary account from which California funds its day-to-day operations and programs — ended the fiscal year with a positive cash balance for the first time since June 30, 2007. A positive […]

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seal of the controller of the state of California
Government

California state revenue surpasses budget estimates in April

Posted May 11, 2014 by courtesy

State Controller John Chiang today released his monthly report covering California’s cash balance, receipts and disbursements in April 2014. Revenues for the month totaled $13.9 billion, surpassing estimates in the 2014-15 Governor’s Budget by $303 million, or 2.2 percent. Year-to-date, revenues exceed expectations by $2.17 billion, or 2.8 percent. “A resurgent economy, combined with voter-approved […]

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Travis Allen, California Assembly, 72nd District, Huntington Beach
Community

Bill to require plan for funding public retiree health benefits voted down

Posted April 27, 2014 by courtesy

On Wednesday, April 23, Assemblyman Travis Allen’s (R-Huntington Beach) Assembly Bill 1681, which required that all future contract negotiations between a public employer and its employees would include a strategy for funding retiree health benefits, was voted down by the Assembly Committee on Public Employees, Retirement and Social Security (PERSS). When presented with concerns over […]

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seal of the controller of the state of California
Government

California beats budget revenue estimates again in March

Posted April 9, 2014 by courtesy

State Controller John Chiang today released his monthly report covering California’s cash balance, receipts and disbursements in March 2014. Revenues for the month totaled $6.4 billion, surpassing estimates in the 2014-15 Governor’s Budget by $470.9 million, or 7.9 percent. “As employment in California nears its pre-recession peak, the State is seeing positive gains in many […]

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seal of the controller of the state of California
Government

California state revenue in February soars above projections

Posted March 10, 2014 by courtesy

State Controller John Chiang today released his monthly report covering California’s cash balance, receipts and disbursements in February 2014. Revenues for the month totaled $5.6 billion, surpassing estimates in the 2014-15 Governor’s Budget by $968.9 million, or 20.9 percent. “Driven by strong retail sales and personal income tax withholdings, February receipts poured in at nearly […]

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seal of the controller of the state of California
Government

California state controller reports December revenue well above estimates

Posted January 9, 2014 by courtesy

The following information was released by California State Controller John Chiang. State Controller John Chiang today released his monthly report covering California’s cash balance, receipts and disbursements in December 2013. Revenues for the month totaled $10.6 billion, surpassing estimates in the state budget by $2.3 billion, or 27.7 percent. Total revenues for the fiscal year-to-date […]

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seal of the controller of the state of California
Government

California controller paints sunny fiscal picture for September

Posted October 10, 2013 by courtesy

The following information was released by California State Controller John Chiang. State Controller John Chiang today released his monthly report covering California’s cash balance, receipts and disbursements in September 2013. Revenues for the month totaled $8.5 billion, beating estimates in the state budget by $426.8 million, or 5.3 percent. “A healthy gain in September revenues […]

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seal of the controller of the state of California
Government

July 2013 state revenues below budget estimate

Posted August 12, 2013 by courtesy

The following information was released by California State Controller John Chiang. State Controller John Chiang today released his monthly report covering California’s cash balance, receipts and disbursements in July 2013, the first month of the State’s fiscal year. Revenues for the month totaled $4.8 billion, coming in below estimates contained in the state budget by […]

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seal of the controller of the state of California
Government

California state revenues in June beat governor’s estimate

Posted July 10, 2013 by courtesy

The following information was released by California State Controller John Chiang. State Controller John Chiang today released his monthly report covering California’s cash balance, receipts and disbursements in June 2013. Total revenues for the month equaled $13.1 billion, beating the Governor’s May Revision estimate by $1.2 billion (10.1 percent). Total revenues for the fiscal year […]

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