Newsom Announces $144 Billion Budget; Projects $21 Billion SurplusIt's the largest projected California budget surplus since at least 2000, according to state finance officials.
Wildfires Scorching Homes, Land And California's BudgetJust a month into the budget year, California has already spent more than one-quarter of its annual fire budget, at least $125 million.
Savings May Get Tougher As California Rainy Day Fund FillsThe state's rainy day fund is on the verge of being full.
Universities, Welfare Get Boost In California Budget DealGov. Jerry Brown and Democratic legislative leaders agreed to boost funding for California State University and increase grants for people on welfare as part of a budget compromise released on Friday.
Brown Pitches Robust Budget As Revenues SurgeGov. Jerry Brown proposed a $137.6 billion general fund budget for California Friday amid surging revenues, kicking off his last round of negotiations with Democratic legislative leaders.
States, Feds Struggle To Pay Spiraling Cost Of Fighting WildfiresThe long and brutal 2017 wildfire season is stressing the state and federal agencies that have to pay for the army of ground crews and machinery required to fight them.
California Lawmakers Send Governor $125 Billion BudgetThe Legislature's Thursday vote to pass the one-year spending plan comes largely along party lines, with just a handful of Republicans supporting it.
New State Budget Puts New Limits On UC SystemThe University of California system will face new financial restrictions and enrollment targets under the proposed state budget after an audit found administrators hid tens of millions of dollars from the public.
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.
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.
Prop 55 Would Extend Gov. Brown's 'Temporary' Tax For 12 YearsProposition 55 maintains the current income tax rates, raising from $4 billion to $9 billion a year.