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This Management s Discussion and Analysis of Financial Condition and Results of
Operations includes a number of forward-looking statements that reflect
Management s current views with respect to. | March 31, 2023 ....

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State Treasurer Fiona Ma praises Governor Newsom's budget, calling it "far-sighted and far-reaching"

Five stars for Governor Newsom’s budget!
His proposals are far-sighted, far-reaching and take full advantage of a once-in-a-generation opportunity. These unprecedented investments will house tens of thousands of homeless people, build housing for low-income residents and students, supply stimulus checks to two-thirds of Californians, support small businesses, retain and add jobs, and further protect the environment. They will help us come back from the pandemic and demonstrate again, the resilience of California and its people.
His plan to start college savings for 3.7 million students is simply astonishing, taking aim at a huge social equity issue by assisting low-income students in pursuing their higher education dreams. I chair the ScholarShare Investment Board, which is responsible for California’s 529 College Savings plan, and look forward to working out the details with the Governor and the Legislature. ....

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