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Deficit

A view of the California State Capitol in Sacramento, California. (Justin Sullivan/Getty Images)

Task Force: Accounting Tricks Mean Impending California Budget Doom

California and other states need to start being honest about their budgets and future liabilities, or face a terrible reckoning a generation from now, that according to the State Budget Crisis Task Force.

01/15/2014

A view of the California State Capitol in Sacramento, California. (Justin Sullivan/Getty Images)

California To Have $10 Billion Budget Surplus By 2017, Analyst Says

California’s independent legislative analyst is offering a rosier financial forecast for the state than in the last several years.

11/20/2013

(CBS)

About The Bay: How State Budget Cuts Affect Sick Workers

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.

09/23/2013

Cars pass through the Golden Gate Bridge toll plaza. (Justin Sullivan/Getty Images)

Golden Gate Bridge District May Raise Tolls Again

The Golden Gate Bridge District is grappling with a ballooning deficit. Because of a series of major capital projects, it is facing a shortfall of $140 million over the next five years.

09/20/2013

San Jose Police at the scene of a fatal stabbing. (CBS)

San Jose Approves Money To Add Police Officers, Restore Services

The San Jose City Council Tuesday approved a funding strategy that backers claim would add 141 new police officer positions and restore other city services but would require tens of millions in revenue the city does not yet have.

09/04/2013

West Oakland Youth Center. (CBS)

$7.6 Million Oakland Youth Center May Not Open Due To Budget

A $7.6 million youth center five years in the making may close before it has a chance to open. While the West Oakland facility is almost finished, the city is having problems finding the money to run it.

05/31/2013

San Francisco City College (CBS)

Bill Adds Calif. Community College Classes At Higher Cost

Students at California community colleges could see additional class options for short summer and winter sessions under a bill that passed the state Assembly on Monday, but those courses would come with a higher price tag.

05/20/2013

Contra Costa County seal

Pensions ‘Elephant In The Room’ As CoCo County Eyes New Budget

Contra Costa supervisors are expected to adopt a new county budget next month and the county administrator is optimistic about it despite rising-pension costs.

04/24/2013

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

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.

04/23/2013

A sign advertising an apartment for rent is displayed in a window in San Francisco. (Justin Sullivan/Getty Images)

Silicon Valley Housing Advocates Speak Out Against Section 8 Sequester Cuts

Affordable housing advocates held a protest outside the Santa Clara County Housing Authority on Tuesday over proposed cuts to Section 8 housing vouchers.

04/23/2013

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