Accurate Reporting of CA Tax Receipts

Recently we came across an erroneous reference in the press to California’s tax receipts. The Department of Finance issues monthly reports, the latest of which may be found here and shows tax receipts running well ahead of forecasts. DOF also tracks state unemployment, which is running well above national unemployment. GFC is keeping a sharp eye on both measures, as well as on unemployment claims processing.

Originally posted on Medium, 10/5/20.