Bakersfield.com

Navigation

Support

Messages

You must sign in to take advantage of that feature. Enter your user name and password below. No user ID yet? Get one for free.


Forgot your password?

Report Violation

Are you sure you want to report the following content as a violation?
As had been rumored, State Controller John Chiang told lawmakers in Sacto today he'll be sending out IOUs starting next week. (I'll also paste in text of the news release below.) Here's a link to technical info about the "registered warrants." I'll be poking around trying to find out how this might affect the city of Bakersfield, which is passing its annual budget tonight.   - Gretchen Wenner, staff writer   Release text:   State Forced to Issue “IOUs” Without Immediate Budget Fix PR09:021 6/24/2009 Contact: HALLYE JORDAN 916-445-2636   SACRAMENTO – Today State Controller John Chiang announced that he will be forced to issue registered warrants – also known as IOUs – beginning July 2 if immediate budget and cash solutions are not quickly adopted by the Governor and Legislature. “Next Wednesday we start a fiscal year with a massively unbalanced spending plan and a cash shortfall not seen since the...
Please check the following violations, and include anything else in the comment box.
Offensive language
Threats
Inappropriate Content
Copyright violation
Personal Attack
Other

Comment
Email
Captcha



To protect users from spam, please enter the text from the image above.

Log In

No account yet? Register now for free.

Forgot password?


Advertisement


Advertisement: