Latest News From the Controller's Office
February Revenues Top Estimates By Nearly $1 Billion
Controller John Chiang reports California's February revenues topped the Governor's estimates by $968.9 million. Read the news release in English and Spanish, the summary analysis and the financial statement.
Controller Issues Plan To Reduce Retiree Health Care Liability
Controller John Chiang has issued a proposal for addressing the State's $64.6 billion unfunded liability of providing health and dental benefits for state retirees. Read news release in English and Spanish, and read the actuarial report.
Watch Mail For Unclaimed Property Notices
From now through spring, the Controller’s Office is sending out notices to owners whose unclaimed property will be transferred to the State after June 1. These notices are sent out annually before the property is to be transferred to give owners a chance to retrieve it directly from businesses. Read more and see a sample notice.
More Than $1 Million in Property Returned With eClaim
Controller John Chiang's new online claiming feature for unclaimed property has already resulted in nearly $1.1 million in payments with an average wait time of 10 days. Read news release in English and Spanish and see tutorial.
Controller Cracks Down on Delinquent Governments
Controller John Chiang will dispatch his staff to many special districts across California to collect missing financial data that, by law, was required to be reported more than a year ago. Some of the districts face audits. Read the news release in English and Spanish, and see a list of remaining delinquent governments.
For additional information on California fiscal issues, please see:
- The Controller's Monthly Cash Reports and Summary Newsletters
- The Controller's California Fiscal Issues and Information Page
- Sign up for email news releases, cash reports, seminar info