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Controller Yee Reacts to Proposed 2021-22 State Budget

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SACRAMENTO—California State Controller Betty T. Yee today issued this statement in response to Governor Gavin Newsom’s proposed Fiscal Year 2021-22 state budget:

“Prioritizing urgent needs for Californians. Making wise investments. Accelerating job creation. Reinvigorating economic development and innovation. Replenishing the Rainy Day Fund and budget reserves. The Governor’s proposed 2021-22 budget is smart and prudent. Now it must be all hands on deck to deliver with urgency and equity.”

As the chief fiscal officer of California, Controller Yee is responsible for accountability and disbursement of the state’s financial resources. The Controller has independent auditing authority over government agencies that spend state funds. She is a member of numerous financing authorities, and fiscal and financial oversight entities including the Franchise Tax Board. She also serves on the boards for the nation’s two largest public pension funds. Elected in 2014 and reelected in 2018, Controller Yee is the tenth woman elected to a statewide office in California’s history. Follow the Controller on Twitter at @CAController and on Facebook at California State Controller’s Office.