Page 66 - State Controller News Today

SACRAMENTO – State Controller Betty T. Yee on Friday reminded California homeowners the deadline to apply for California’s Property Tax Postponement program, or PTP, for the 2020-21 tax year is Feb. 10.

SACRAMENTO —State Controller Betty T. Yee today reminded California homeowners the deadline to apply for California’s Property Tax Postponement (PTP) program for the 2020-21 tax year is February 10.

January 19, 2021 The Idaho endowment fund generated an investment return of 16.3% during calendar year 2020 and ended the year with a balance of $2.8 billion. The endowment fund generates millions for its beneficiaries every year and distributions in fiscal year 2021 set another record: More than $88 million will go to endowment land beneficiaries. In addition to earnings from the endowment fund, money comes from timber sales and leases on Idaho’s 2.5 million acres of endowment land. En...

State tax board offers Covid-19, disaster program assistance State Controller and Franchise Tax Board Chairwoman Betty T. Yee FAIRFIELD — The state Franchise Tax Board kicks off its tax season with reminders that there are Covid- and disaster-related programs available and free tax return preparation services available in-person and self-help services online. “We encourage all Californians to make use of our online services, including the ability to file a state return online for free and q...

California Franchise Tax Board on What You Need to Know This Tax Filing Season Published: Thursday, 07 January 2021 05:54 January 7, 2021 - Sacramento - Tax season kicks off this week at the Franchise Tax Board (FTB). Every year, FTB provides taxpayers with a list of important updates and reminders for the upcoming tax season. “We encourage all Californians to make use of our online services, including the ability to file a state return online for free and quickly secure a refund,” ...

By Afusat Agunbiade-Oladipo Ilorin, Dec. 29, 2020 Kwara Government has donated relief materials to the state Command of the Nigeria Correctional Service as its intervention in meeting the needs new inmates. The Secretary to the State Government, Mallam Saba Jibril, presented the items, that comprised 230 pieces of Mattress, 230 pieces of Blankets, 250 pieces of Mats and 50 cartoons of Detergent, to the Command on Tuesday evening, in Ilorin. Jubril said that the state government was ready to co...

SLO County found nothing wrong, now forced to investigate December 30, 2020 By KAREN VELIE San Luis Obispo County spent years dismissing allegations the San Simeon Community Services District violated competitive bidding rules related to government grants. Now, the state of California has ordered the county to investigate because it serves as the administrator for three grants. Allegations that the district had failed to seek bids for contract work began circulating through the community in 2...

California State Treasurer Fiona Ma accepted the “Deal of the Year” award this week from the Bond Buyer newspaper, the independent publication that serves the nation’s municipal bond industry. The Deal of the Year recognizes innovation in municipal finance and represents the full diversity of the communities and public purposes that are served by the municipal finance market in the U.S. The award was given to the inaugural $500 million offering of bonds for California’s “No Place Li...

(AP Photo/Darron Cummings) We Californians saw this coming, despite the internecine battles among the Latino Women’s Caucus of the California Legislature. “California Gov. Gavin Newsom (D) will appoint Secretary of State Alex Padilla (D) to fill a U.S. Senate seat being vacated by Vice President-elect Kamala Harris (D), a source close to Newsom confirmed to The Hill on Tuesday.” The Latino Caucus did win on the diversity card in terms of race, which is on point for progressive Califor...

Here’s a question for North Carolina’s leaders: If what our state is experiencing right now isn’t a “Rainy Day,” pray tell what is? Our State Controller just reported our state has $4.38 billion in unallocated funds stored up and that surplus is growing by millions of dollars each month. This amount doesn’t even include the $1.1 Billion Rainy Day Fund set aside for emergencies. The true total is almost $5.5 billion. Two questions immediately surface. First, how did...