For Immediate Release
January 5, 2022
A Fi$Cal Crisis Faces California: CA Controller Candidate Lanhee Chen on the Continuing Missteps with the State’s Financial Accounting System
Mountain View, CA. – A California State Auditor’s report published Tuesday revealed that Fi$Cal, California’s $1 billion project to implement a new financial reporting and accounting system, will miss another key deadline in 2022.
“Californians pay way too much in taxes and fees for this kind of incompetence in return. Fi$Cal is supposed to be finished already, but it’s way over-budget, late, and won’t even do what it’s supposed to. The same old politicians are giving the same old excuses about why they aren’t getting results. It’s time for change in Sacramento and common-sense leadership to bring true transparency and accountability to California’s finances,” said Lanhee Chen (@lanheechen), candidate for State Controller.
To learn more about Lanhee Chen and his campaign, visit his website: ChenForCalifornia.com
Campaign Manager, Chen for Controller