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Budget deception: weird accounting diminishes accountability

JUNE 17, 2016 | by Jon Coupal | SIERRA STAR (CALIFORNIA)

By Jon Coupal, includes "…Without going into all the wonkish details, the Department of Finance uses various "accrual" techniques to attribute revenue, not to the year in which it was received, but rather to a previous or future fiscal year depending on what political ends the administration seeks to achieve. Venerable Sacramento Bee columnist Dan Walters calls this “hide the pea” accounting and even the legislature’s own legislative analyst has criticized the practice…"

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