Coronavirus Prompts California Cities To Project 2-Year Losses Of $6.7 BillionFrom the Bay Area to Southern California, the state's 482 cities say they will collectively lose $6.7 billion over the next two years because of the coronavirus pandemic.
Coronavirus Effect To Increase San Francisco Budget Deficit To More Than $1 BillionA new report released Tuesday by San Francisco city leaders projected the city’s budget deficit for the upcoming two-year budget could increase to more than $1 billion as a result of the novel coronavirus.
Gov. Brown Wants More For Schools In Revised Spending PlanCalifornia Gov. Jerry Brown is seeking more spending on schools and child care. He announced Thursday a revised outlook for the budget year that starts July 1.
BART Considers Changes To Solve Multi-Million Dollar Budget DeficitThe Bay Area Rapid Transit Board of Directors on Thursday weighed cost-cutting proposals to address a multi-million dollar budget shortfall.
California May Face $2 Billion Budget Deficit, Gov. Brown WarnsGov. Jerry Brown has proposed a $122.5 billion budget for California and is warning of a possible $2 billion deficit in the coming fiscal year.
Alameda Co. Cuts Court Clerk Office Hours Due To $5 Million Budget DeficitAlameda County Superior Court clerks' office hours are being reduced starting Tuesday as a result of a sizable budget deficit.
BART Projects Potential $477M Budget Deficit Over Next DecadeAs revenue growth slows, BART is facing the possibility of a $477 million budget deficit over the next 10 years, BART officials said Thursday.
California To Have $10 Billion Budget Surplus By 2017, Analyst SaysCalifornia's independent legislative analyst is offering a rosier financial forecast for the state than in the last several years.
East SJ School District Fights To Avoid Consolidations, LayoffsThe 12,000 student Alum Rock Union Elementary School District is facing a $10 million budget deficit this year, meaning they could face school consolidations, teacher layoffs and program cuts.
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.
Property Owners To Pay Fee To Bail Out Cash-Strapped California Fire Agency On Monday over 825,000 property owners, mostly in California’s rural areas near forests, started receiving a $150 annual fee by the state in order to help offset Cal Fire's budget deficit.