Surplus

Davis' MRAP armored vehicle (CBS)

Davis City Council Tells Police To Tank Bulletproof Vehicle

The Davis City Council has told the Davis Police Department to return its armored vehicle to the military within 60 days and to consider other alternatives for protection on four wheels.

08/28/2014

California Gov. Jerry Brown discusses pension reform during a news conference on August 28, 2012 in Los Angeles. (Kevork Djansezian/Getty Images)

Bulk Of Gov. Brown’s Revised State Budget Would Go Towards Medi-Cal

California Gov. Jerry Brown unveiled his revised state budget on Tuesday, which is $1 billion more than the original he submitted in January. The majority of the funds would go to health-care costs for the poor.

05/13/2014

California Gov. Jerry Brown discusses pension reform during a news conference on August 28, 2012 in Los Angeles. (Kevork Djansezian/Getty Images)

Gov. Brown Calls Special Session To Change California’s Rainy-Day Fund

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.

04/16/2014

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)

Brown Calls For New Education Funding, Rainy Day Fund In Budget Proposal

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.

01/09/2014

California Gov. Jerry Brown discusses pension reform during a news conference on August 28, 2012 in Los Angeles. (Kevork Djansezian/Getty Images)

Gov. Brown Reportedly Proposing To Pay Down $11B In State Debt

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.

01/08/2014

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

(Adam Jan/AFP/Getty Images)

Gov. Brown Budget Plan Gives Big Money To Close Education Gap

California schools will receive an infusion of more than $3.6 billion in extra money this year, much of it targeted to the neediest students as part of a redistribution plan pushed by Gov. Jerry Brown.

06/12/2013

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

Legislative Leaders Say California Budget Deal Near

Gov. Jerry Brown and the Legislature’s Democratic leaders moved close to a state budget deal Monday that is expected to revamp education funding and begin restoring some of the social services cut during the recession.

06/11/2013

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

Poll Finds Most Californians Favor Saving Budget Surplus

Most Californians favor paying down the state’s debts and building a reserve over additional spending for social services, according to a poll released Wednesday that provides a boost for Gov. Jerry Brown’s budget plan.

05/29/2013

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