JUST A THOUGHT: MEBBE YES MEBBE KNOW BUT PUTTIN IT OUT THERE: pic related Q drop cali fires = federal funding.

Need accountantfag eyes on the CAFRS to see what the real numbers are in Cali. I have said for years that China and the Mexican drug cartels own the state and have published govt docs showing that trafficking is a huge source of 'liquid income' for the state of Cali.

What does the CAFR tell us about Cali financial status??

CAFRS KEY TO KNOWING TRUTH ABOUT FINANCES

defined

A Comprehensive Annual Financial Report (CAFR) is a set of U.S. government financial statements comprising the financial report of a state, municipal or other governmental entity that complies with the accounting requirements promulgated by the Governmental Accounting Standards Board (GASB).

Comprehensive annual financial report - Wikipedia

https://en.wikipedia.org/wiki/Comprehensive_annual_financial_report

"cushion of from 20% to 75% more than their budgets actually require"

2010 LOOK AT CAFRS

Burien is a former commodity trading adviser who has spent many years peering into government books. He notes that the government is composed of 54,000 different state, county, and local government entities, including school districts, public authorities, and the like; and that these entities all keep their financial assets in liquid investment funds, bond financing accounts and corporate stock portfolios.

The only income that must be reported in government budgets is that from taxes, fines and fees; but the investments of government entities can be found in official annual reports (CAFRs), which must be filed with the federal government by local, county and state governments.

These annual reports show that virtually every U.S. city, county, and state has vast amounts of money stashed away in surplus funds.

Burien maintains that these slush funds have been kept concealed from taxpayers, even as taxes are being raised and citizens are being told to expect fewer government services.

Burien was originally alerted to this information by Lt. Col. Gerald Klatt, who evidently died in 2004 under mysterious circumstances, adding fuel to claims of conspiracy and cover-up.

Klatt was a an Air Force auditor and federal accountant, and it’s not impossible that he may have gotten too close to some military stash being used for nefarious ends.

https://www.huffingtonpost.com/ellen-brown/the-mysterious-cafrs-how_b_585011.html

CALI BUDGET 2017-2018

https://www.ebudget.ca.gov/home.php?selectedYear=2017-18

https://www.latimes.com/politics/essential/la-pol-ca-essential-politics-updates-gov-jerry-brown-approves-a-183-1498583088-htmlstory.html

CALI CAFR 2017

https://www.sco.ca.gov/Files-ARD/CAFR/cafr17web.pdf

for comparison

TEXAS: GUIDE TO UNDERSTANDING CAFRS

https://comptroller.texas.gov/transparency/budget/cafr-faq.php

CAFR TEXAS

https://comptroller.texas.gov/transparency/reports/comprehensive-annual-financial/

for comparison

Financial Report of the U.S. Government - Bureau of the Fiscal Service

https://www.fiscal.treasury.gov/fsreports/rpt/finrep/fr/fr_index.htm