California Budget Crisis
California Taxes Coming In $4 Billion Above Forecast, Analyst Says
California is on track to collect $4 billion more in personal income taxes than Gov. Jerry Brown had expected, giving a potential boost to education funding, the legislative analyst’s office said Tuesday.
Poll Finds Californians Upbeat Over Future, Budget Plan
A new poll finds that Californians are more optimistic about the future of the state than at any time since before the recession.
Gov. Brown Optimistic On California Rebound In State Of State Address
Cheering a California rebound, Gov. Jerry Brown says voter-approved tax increases have put the state on sound financial footing but warns lawmakers that they must be tight-fisted with the government purse strings.
Gov. Brown Proposes Rosier Budget, More Spending
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.
Audit Confirms California Parks Underreported Funding For 19 Years
A new audit confirms that staff at the California Department of Parks and Recreation intentionally under-reported the amount of money in its accounts for at least 19 years.
Controller Finds More Money Problems In California Parks
A state review finds that more than 200 state employees were overpaid more than $500,000 by managers who deliberately broke state rules at the troubled California Department of Parks and Recreation.
Governor Brown Offers Preview For Next State Budget
At a UC Regents meeting, Governor Brown said more cuts can be expected despite voters approving his tax measure, Proposition 30, in November.
Voters Approve Gov. Brown’s Prop. 30 Tax Initiative
CCalifornia voters have approved Gov. Jerry Brown’s plan to raise income taxes on the wealthy and raise the statewide sales tax to fund education and help balance the state budget.
California Voters Approve Prop. 39, Closing Tax Loophole
California voters were leaning toward approving an initiative that would undo a tax break for out-of-state corporations and send more money to state coffers. Proposition 39 was ahead in early returns Tuesday after polls closed.
Group Opposing Proposition 30 Appeals Order For Campaign Records
Attorneys for an Arizona nonprofit that gave $11 million to a California political action committee say they have appealed a court order compelling the group to turn over its financial records.
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