Former Democrat turned Decline-To-State Assemblyman Juan Arambula of the Central Valley queried the Legislative Analyst, Mac Taylor, as to the sum total of California state governments aggregated liabilities (all of our long term debt). The response that Arambula received from Taylor is attached below, and is a "must read" for all FlashReport leaders. The amount of liability is nothing short of staggering, and Taylor organizes the types and specifics of the liabilities in a way that is easy to digest — even for non policy-wonks (like me).
