California transportation sector removed from state auditor’s high-risk list

California has made significant enough progress on its transportation infrastructure that the state’s auditor has removed the sector from its high-risk list.

The state auditor puts out an annual comprehensive financial report is for the year ending June 30, 2021.

“The State’s financial reporting for fiscal year 2021–22 is already past due,” the report said. “This continued trend of late reporting reduces the efficiency and effectiveness of the State’s financial oversight.”