Herms William Interview 9 24 12 - California Resources Agency

1 in that trust fund grew, both administrations,
2 both the Schwarzenegger and the Brown
3 administrations, swept money from that fund to
4 fill the gap that we had in the budget.
5 MR. PATTON: Swept or borrowed?
6 MR. HERMS: The technical term would
7 be "borrowed", of course.
8 MR. PATTON: Okay. Well, we'll get
9 back to looking at some years at the OHV fund
10 and see if you have a recollection of any of
11 these loans, sweepings and -- but then let's
12 shift gears for a minute and talk about the
13 SPRF fund.
14 Our review of this indicates that --
15 and Finance's review indicates that for some
16 period of time, and particularly -- for some
17 period of time, and it does go back at least
18 twelve years, there was twenty or more million
19 of a disparity between what was reported at
20 the end of the year through the accounting
21 side of Parks Admin Services to the
22 Controller's office and what was reported
23 budget-wise to the Department of Finance. And
24 so what we're interested in knowing is what,
25 if anything, other than what you've read about
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