Saying the state’s budget surplus should be used to pay down debt, Gov. Jerry Brown on Wednesday called a special session of the Legislature to make changes to a rainy-day fund measure on the November ballot.
President Barack Obama proposed an almost $4 trillion federal budget on Tuesday that includes a few nuggets for California, but it also cuts money the Golden State had been counting on.
A poll released Wednesday by the Public Policy Institute of California says strong majorities of likely voters approve of Gov. Jerry Brown’s overall handling of the job and of the budget proposal he released earlier this month.
A robust economic recovery and surging revenue propelled by voter-approved tax increases has sent California’s general fund spending to a record high, but Gov. Jerry Brown is pledging a somber approach to the windfall.
Gov. Jerry Brown’s budget for the coming fiscal year calls for an 8.5 percent increase in general fund spending coupled with a dedication to pay down the state’s debt by more than $11 billion.
California’s independent legislative analyst is offering a rosier financial forecast for the state than in the last several years.
The university realized a month ago they will spend $4 million more than they have in the budget.
Voters appear to have overwhelmingly approved a half-cent sales tax that is expected to bring in more than $4.3 million annually and help Antioch out of its current financial crisis, according to unofficial election results.
Only 3% of NASA employees in highly select positions would be allowed to stay on the job – for example those involved with the International Space Station – or those involved in jobs deemed necessary for safety and security.
Cuts in the state budget have hit a lot of people hard, but they hit especially hard when you’re already hurting. If you’re sick and off work in the State of California some federal under-funding issues could have a major impact on you.