Commentary
There are specific due dates for filing and paying one’s income taxes, with late filings or payments resulting in penalties and interest. Taxpayers have strict requirements. But, tax eaters often do not.
Previously, a city in California could take forever to prepare and post an annual audited financial statement. That may all change for California’s 483 cities with the passage of Senate Bill 595, which was signed by Gov. Gavin Newsom on Oct. 3.
The city of Fort Jones in northern California has yet to post its 2019 financial statement on its website. At least it has responded to email requests by stating the audits are in process. The city of San Joaquin, which has not posted its 2020 annual comprehensive financial report, hasn’t returned telephone voicemail messages….