California’s independent legislative analyst is offering a rosier financial forecast for the state than in the last several years.
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.
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.
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.
Gov. Jerry Brown told county officials Wednesday that the state cannot afford to “double-pay” as he seeks to expand California’s health care program for the poor, meaning counties will have to forfeit millions of dollars in state funding.
Gov. Jerry Brown is proposing a $96.4 billion spending plan for the coming fiscal year that starts July 1, funneling more money to K-12 schools but otherwise taking a cautionary approach to spending.
Gov. Jerry Brown is reaping the benefits of an economic turn-around and higher taxes as he prepares to release his update Tuesday for the coming fiscal year’s budget. The state has collected $4.5 billion more than expected from personal income taxes.
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.
The nonpartisan legislative analyst says California is facing a much smaller deficit of $1.9 billion through the end of the next fiscal year and could even see surpluses over the next few years.
Gov. Jerry Brown has signed several bills to keep California’s state parks open and ensure greater spending oversight in the wake of a scandal in which parks officials hid $54 million.