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C-O-N-T-R-O-L-L-E-R Spells “Relief”: No IOUs for September

State Controller John Chiang announced today that he would not have to resort to issuing IOUs during the month of September.

Deferrals to Come Early

Today, the Department of Finance, State Controller’s Office, and State Treasurer’s Office jointly determined the need to exercise the authority available to them under Government Code Section 16325.5(e) and move the 90-day deferral of social services payments to counties from October 2010 to September 2010.  This means the payments will eventually be made in December [...]

SCO Lays It Out: What Can and Cannot Be Paid When the State Budget Is Late

The State Controller’s Office has posted a list of what can and cannot be paid without a state budget.