California budget

A sign welcoming Facebook is flashed on a screen outside the NASDAQ stock exchange at Times Square in New York, May 18, 2012. (Emmanuel Dunand/AFP/GettyImages)

Hopes For California Facebook Windfall Sink As Stock Slides To All-Time Low

Shares of Facebook plunged to all-time lows after early investors and insiders were allowed to sell their shares Thursday, dimming California’s hope for a capital gains windfall that would help balance the state budget.

08/16/2012

California State Parks

California Parks Slated For Closure To Remain Open Temporarily

With a busy Fourth of July week looming, California parks officials announced Thursday that 65 of the 70 state parks once slated to close Sunday due to budget cuts will remain open.

06/28/2012

(CBS)

Critics Denounce California’s Plan To Eliminate Healthy Families Program

The revised budget agreement between legislative Democrats and Governor Brown calls for the phasing out of California’s successful Healthy Families program, which provides state-sponsored, low-cost insurance for children, teens and pregnant mothers.

06/22/2012

Jerry Brown

Melissa Griffin: Much To Overcome For Brown, Legislature In Budget Battle

Optimistic projections, entrenched differences and a transparency problem are what face Governor Jerry Brown and the state legislature as they try to come to an agreement on a $92 billion dollar budget.

06/18/2012

California State Capitol in Sacramento (Justin Sullivan/Getty Images)

California Lawmakers Set Budget Vote As Deadline Looms

With Gov. Jerry Brown refusing to sign off on their plan, Democratic leaders say they are working on two tracks to pass a budget and continue negotiations with the governor on welfare cuts.

06/15/2012

california-buget-challenge

California Budget Challenge Online Tool Lets Users See Impact Of Spending Choices

Next 10, a nonpartisan policy organization based in San Francisco, has released the 2012 version of their California Budget Challenge, an online tool that lets users understand the serious choices facing the state and determine where they stand on a series of spending and revenue policy options.

05/15/2012

California State Capitol in Sacramento (Justin Sullivan/Getty Images)

California Budget Deficit Grows As Income Tax Receipts Are Underwhelming

Personal income tax receipts were about $2 billion less than projected in April.

05/08/2012

California State Capitol in Sacramento (Justin Sullivan/Getty Images)

Analyst Estimates Lower California Tax Revenue Than Governor

California’s nonpartisan budget analyst is giving a more sober projection of tax revenue than the one contained in Gov. Jerry Brown’s proposal for the coming fiscal year, mostly because it forecasts less from personal income taxes.

01/11/2012

California Governor Jerry Brown. (Max Whittaker/Getty Images)

Budget Shortfall Triggers $1B In California Midyear Cuts

Gov. Jerry Brown says California needs to make about $1 billion in midyear cuts to schools and social services.

12/13/2011

(Adam Jan/AFP/Getty Images)

San Jose Unified School District Prepared For Looming State Budget Cuts

A projected $3 billion budget deficit now facing California this fiscal year will almost certainly trigger cuts in December at school districts throughout the state.

11/17/2011

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