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State Controller Malia M. Cohen issued the following statement in response to Governor Gavin Newsom’s proposed Fiscal Year 2023-24 California State Budget:
“In light of current economic uncertainties, I commend the Governor for crafting a budget that is sensible and continues to dedicate resources vital to the well-being of all Californians. The Governor’s ongoing investment in public health, housing, education, climate resiliency, and innovative mental health solutions are all cornerstones of a continued strong and prosperous California. The Governor’s watchful stewardship and prioritization of finite state resources is the reason California’s economy is on track to become the fourth-largest economy in the world.”
As the chief fiscal officer of California, Controller Cohen is responsible for accountability and disbursement of the state’s financial resources. The Controller has independent auditing authority over government agencies that spend state funds. She is a member of numerous financing authorities, and fiscal and financial oversight entities including the Franchise Tax Board. She also serves on the boards for the nation’s two largest public pension funds. Follow the Controller on Twitter at @CAController and on Facebook at California State Controller’s Office.