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Herms William Interview 9 24 12 - California Resources Agency

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1 trying to talk to you about the long list of<br />

2 sort of uncertainties and the things that were<br />

3 in front of us, it's quite possible that in<br />

4 the context of a larger budget discussion that<br />

5 this could have been brought up, but similarly<br />

6 not recognized as a surplus because the<br />

7 liability side seems so large that it would<br />

8 not have shown up as a surplus. It's<br />

9 certainly possible. All I know is that at no<br />

10 time in any meeting did I ever come to hear<br />

11 anything portrayed as, we got twenty million<br />

<strong>12</strong> dollar of unallocated money sitting here that<br />

13 we can use any way that we want.<br />

14 MR. PATTON: Okay.<br />

15 MR. HERMS: At no time do I recall<br />

16 ever hearing that.<br />

17 MR. PATTON: Okay. With regard to<br />

18 the OHV fund, had you ever heard -- had there<br />

19 ever been, tell me -- and we started on --<br />

20 early on and you talked about this a little<br />

21 bit, and then I said I'd show you the<br />

22 spreadsheets and we might try to identify what<br />

23 was going on in a few years. We have a<br />

<strong>24</strong> Finance Department spreadsheet. The top<br />

25 section is a SPRF account, and you'll probably<br />

Sarnoff, A VERITEXT COMPANY<br />

877-955-3855<br />

Page 36

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