San Jose Mercury News: Over $2 Billion in CA Funds Hiding in Pla - KCOY Santa Maria, Santa Barbara, San Luis Obispo

San Jose Mercury News: Over $2 Billion in CA Funds Hiding in Plain Sight

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By Kiki Jones - email

SACRAMENTO, Calif- After uncovering a scandal at the state parks department and finding $54 million in parks, the San Jose Mercury News is reporting that the state may have an extra $2.3 billion.

The newspaper analyzed "California's little-known 500-plus special funds -- like the ones that included $54 million in parks money shielded from the Department of Finance -- shows tens of millions of dollars in discrepancies in numerous accounts."

According to the Mercury News 17 of the special funds appeared to have significantly more reserve than what they reported to the finance department.

Click here to read the article from the San Jose Mercury News

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San Jose Mercury News: Over $2 Billion in CA Funds Hiding in Pla - KCOY Santa Maria, Santa Barbara, San Luis Obispo - News

San Jose Mercury News: Over $2 Billion in CA Funds Hiding in Plain Sight

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