Controller Releases February Cash Update
SACRAMENTO – State Controller John Chiang today released his monthly report covering California’s cash balance, receipts and disbursements in February 2013. Total revenues for the month of February nearly matched estimates found in the Governor’s proposed 2013-14 State Budget.
“February’s revenues came within a percentage point of estimates,” said Chiang. “Healthy revenues, along with recovering home prices, a steep drop in foreclosures, and increased car sales are harbingers of a California economy that is starting to warm-up.” Read more



