EXCERPT:
NEWSOM: “What we didn't anticipate is these rain bombs in December, January, February and March, these atmospheric rivers that led to a federal declaration that led to FEMA and the IRS moving in a direction where we couldn't collect our taxes until I believe, November 16th as opposed to April 15th. And so therein lied this blackout period that beguiled all of us, the LAO finance economist experts. And interestingly, I mean, there's been at the White House recently, had an impact in terms of the IRS collections as well, with their estimates because there were other states that had similar delays and their taxes related to weather events. If there was any indication that climate change has impacts well beyond those that are often promoted, I would consider our financial delays as just another example of why we need to tackle them, another reason I'm looking forward to conversations that we will have next week.”