reply to post by Bagatell
Yes, I know about the CAFR's. They are huge conglomeration of numbers. I tried reading through my Republic's a few times.
The conclusion's though do not bring the numbers up though of illegal alien costs though.
And if California is sitting on money, it better be over 500 Billion. Because that is what their debt is close to.
Just a quick perusal and I get this-
Noncurrent Assets and Liabilities
As of June 30, 2008, the primary government’s noncurrent assets totaled $127.7 billion, of which $102.2 billion
is related to capital assets. State highway infrastructure assets of $58.5 billion represent the largest portion of
the State’s capital assets.
The primary government’s noncurrent liabilities totaled $107.1 billion, which consists of $55.5 billion in general
obligation bonds, $29.6 billion in revenue bonds, and $22.0 billion in all other noncurrent liabilities.
The primary government’s combined net assets (governmental and business-type activities) decreased 25.3%,
from $46.8 billion as restated at June 30, 2007, to $35.0 billion a year later.
It does not seem ol Cowafonea is doing that well back in 08
[edit on 5/16/2010 by endisnighe]