John Myers
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johnmyersca.bsky.social
John Myers
@johnmyersca.bsky.social
California. Politics. Ex-news (LAT, KQED, et al.). Advocacy comms. Comments are mine, not part of the current job. #GoDuke
You’ve got your work cut out for you…
January 11, 2025 at 9:32 PM
I definitely think there’s a “trend” story here (hello, press corps). But also fascinating to me is that it feels like a bit of a “miscellaneous” entry in the ledger. For example, DOF says FY24-25 began with $35.8B carried over from prior year. But what were the original sources of that cash?
January 11, 2025 at 5:55 PM
Couldn’t help myself, had to pore over these with some coffee.

I’m sort of fascinated by the evolution of the “Prior Year Balance” and its importance in making the numbers work. What do you think is a good layperson way to think about the source(s) of that money?
January 11, 2025 at 5:20 PM