Audit Shows California Parks Problems Caught Years Ago

Feb 15, 2013

Lawmakers ordered an audit last year after a hidden surplus of tens of millions of dollars was discovered at the same time the Parks department was threatening to close 70 parks.

• California Department of Finance warned about unreported surpluses as far back as 1999.

• Leveraging federal tax code could raise more than half a billion dollars a year for college financial aid.