John Moorlach
- Indexed articles, last 90 days
- 5
- Latest publication
- Sep 5, 2026
- Outlet visibility, for The Epoch Times
- Top 50K sites
- Earliest in this view
- Jul 9, 2026
Latest articles
Many San Diego School Districts Have Unique Accounting Issues (opens the original)
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San Diego County has 42 school districts and nine of them had major movement in their fiscal status for the fiscal year ending June 30, 2024. But five of them leave the readers of their annual reports a bit confused. By obtaining their audited financial statements, looking at the unrestricted net position (UNP) in the balance sheet (statement of net position) and dividing it by the population the district serves, the per capitas tell a fascinating story. Let’s start from the bottom and move our
The Big Story for 2024 State Finances: Errors and Corrections (opens the original)
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Five states were very delinquent in providing their audited financial statements for the fiscal year ending June 30, 2024: Arizona, Illinois, Mississippi, Nevada, and Oklahoma. Nevada wins the trophy for being the last to publish, with its fieldwork completed on June 26, 2026. Nevada State Controller Andy Matthews blamed a big portion of it on a commonly incurred delay due to the Enterprise Resource Planning software implementation. He expects the 2025 audit to be completed soon. Now that these
How Is Your Orange County City Faring Financially? (opens the original)
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It’s time to reveal the annual ranking of Orange County’s 34 cities in Southern California for the year ending June 30, 2025. More than two-thirds of the cities, 24, were able to have their auditors complete their field work before the end of 2025. “Our industry-leading financial management practices are a justifiable source of community pride. Cypress is the only city to be recognized twice by former State Senator (and Certified Public Accountant) John Moorlach for having the strongest unrestri
Santa Barbara to Kern County Cities Saw Finances Rise After Coronavirus Lockdown (opens the original)
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Every city should engage an independent Certified Public Accounting firm to perform its annual audit and issue an Annual Comprehensive Financial Report. Once available, take the unrestricted net position (UNP) for governmental activities from the statement of net position in the basic financial statements and divide it by the city’s population. This provides the amount every resident would receive or owe if the city liquidated its assets and paid off its liabilities. As you can see from the grap
City of Los Angeles Makes Big Financial Move Backwards (opens the original)
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The top 18 ranked cities found themselves maintaining their positions, as did the 15 bottom cities. Reviewing the graph below, let’s see what these seven cities did. The first step in the process is to obtain the annual comprehensive financial reports (ACFRs) from each city. This is easier said than done. Thirty-four cities completed their audit field work before the due date of December 31, 2024. Another 33 met the secondary deadline of March 31, 2025. That leaves 22 cities delinquent in perfor
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