California lags in financial transparency

California lags in financial transparency

Truth in Accounting (TIA) is a think tank that analyzes government financial reports. As part of its mission, it encourages public entities to produce financial reports that are comprehensive, clear, and transparent; and which inform the public of the importance of truthful accounting. Last year, this column reported on TIA’s fifteenth annual Financial State of the States report, which ranks all 50 states by financial health. No one was shocked …