California’s independent legislative analyst is offering a rosier financial forecast for the state than in the last several years.
The 12,000 student Alum Rock Union Elementary School District is facing a $10 million budget deficit this year, meaning they could face school consolidations, teacher layoffs and program cuts.
Riding a wave of new tax revenue, Gov. Jerry Brown is proposing a state spending plan that eliminates the massive deficits of recent years and provides nearly $5 billion more in spending over the previous year.
On Monday over 825,000 property owners, mostly in California’s rural areas near forests, started receiving a $150 annual fee by the state in order to help offset Cal Fire’s budget deficit.
State Senator Leland Yee’s proposed bill says colleges and universities shouldn’t give administrators pay raises while students struggle with fees and tuition increases.
You could call it an early Christmas present for San Jose, in the form of a budget deficit reduction from $80 million to about $25 million.
Oakland administrators are reminding residents that most non-essential city services will be suspended on Monday.
Nearly half of all Californians think the Tea Party political movement is bad for the nation, according to a new KPIX-TV CBS 5 poll designed to gauge voter attitudes about the latest federal budget deal struck on Capitol Hill.
There won’t be a honeymoon period for Oakland’s new city administrator, who faces a $58 million deficit that is expected to grow next year.
As San Jose’s fiscal situation remains bleak, the city council has imposed 10 percent wage and benefit cuts on four unions.