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StateDataLab.org
California Taxpayers Are Still Not Getting Truthful Financial Reports, Truth in Accounting
This is a very informative article by an organization called Truth in Accounting. It evaluates the real financial burdens on each and every California resident from pension liabilities.
http://www.truthinaccounting.org/news/detail/calif...
As the report states,
"A new accounting rule is requiring California to come clean about its hidden pension debt, but the state continues to exclude billions of pension and health care debt from its financial reports. This information is released today in a report titled, The Financial State of California, by Truth in Accounting (TIA), a Chicago-based think tank that analyzes government financials."
"Because this pension rule was not required in previous years, state officials used outdated accounting methods to calculate the state’s debt. As a result, California's reported pension debt increased from $11 billion in 2014 to $74.5 billion in 2015. However, state officials are still not reporting the correct figures."
In addition, here's a two page report from Statedatalab.org
http://www.statedatalab.org/library/doclib/CA-2015...
In case you'd like to forward this article to your supervisor and other elected officials, I've attached their email addresses.
EMAIL OFFICIALS
MARIN COUNTY BOARD OF SUPERVISORS
Damon Connolly dconnolly@marincounty.org
Judy Arnold jarnold@marincounty.org
Steve Kinsey skinsey@marincounty.org
Katey Rice krice@marincounty.org
Kate Sears ksears@marincounty.org
Matthew Hymel mhymel@marincounty.org
Governor Jerry Brown: http://govnews.ca.gov/gov39mail/mail.php
Congressman Jared Huffman: http://huffman.house.gov/contact
State Assembly Marc Levine: Assemblymember.Levine@assembly.ca.gov
State Senator Mike McGuire: http://sd02.senate.ca.gov/contact/email
Roland Katz, Exec. Dir. MAPE : http://www.newmape.org/contact-us