66°
Light rain
WED
 81°
 62°
THU
 75°
 55°
FRI
 82°
 54°
SAT
 78°
 55°
SUN
 79°
 55°

State special funds review finds no further deception

SACRAMENTO — A detailed review of more than 500 state special funds released Friday found hundreds of millions of dollars in accounting discrepancies but no instances beyond the state parks department in which government officials purposely underreported the amount of money.

The review by the governor's finance department found discrepancies, sometimes in the hundreds of millions of dollars, in the amount reported to it and the state controller's office by different government departments but attributed those to differences in accounting methods, timing and human error.

Gov. Jerry Brown called for the review after it was revealed that state parks officials had deceived lawmakers and gubernatorial administration for more than a decade by underreporting nearly $54 million in two special funds.

"The bottom line of this review is that there are no such other circumstances in state government based on what we found," Finance Director Ana Matosantos said during a news conference.

The review is important because the finance department's numbers are used to develop the state's general fund budget each year and because lawmakers take millions of dollars in loans from the special funds to close budget deficits.


© The Press Democrat |  Terms of Service |  Privacy Policy |  Jobs With Us |  RSS |  Advertising |  Sonoma Media Investments |  Place an Ad
Switch to our Mobile View