LA Times reports CA Parks $54 million CAFR surplus; Director resigns, #2 fired

The Los Angeles Times reported California’s Department of Parks and Recreation tried to hide $54 million in account surpluses while claiming a $22 million budget deficit would “force” 70 park closures.
Director Ruth Coleman resigned; second-in-command Michael Harris was fired.

This story is repeated in California state accounts to the sum of $600 billion in surplus assets; documented in the state’s Comprehensive Annual Financial Report (CAFR).

See Story and Sources Here