California Legislative Analyst Projects $7 Billion Surplus Next YearThe nonpartisan Legislative Analyst’s Office predicts California will have a $7 billion surplus next year but cautions lawmakers not to spend all of it.
California On Pace To Permit Under 100K Homes This Year; Worst Since RecessionDespite strong demand for homes amid the state's housing crisis, new figures show the number of residential building permits issued this year is on pace to be the lowest since the Great Recession.
California Teacher Pensions Need $4.5B More Each Year, Report FindsA new report said California needs to pay an additional $4.5 billion a year to shore up its financially shaky teacher retirement fund.
Analyst Suggests Gov. Brown Cancel Money For High-Speed Rail The state's nonpartisan analyst says the latest proposal to build a $68.4 billion high-speed train system linking Northern and Southern California is still too vague.
Budget Analyst Projects $13B California Budget ShortfallThe Legislative Analyst's Office on Wednesday released a gloomy state fiscal outlook. It says tax revenue will fall short of the state's projections, which could trigger midyear cuts to public schools, colleges and health care programs.
East Bay District May Trim School Year To Bare MinimumThe Mt. Diablo School District is considering a proposal that would call for seven teacher furlough days, leaving the district with the minimum 175 school days.
State Report Emphasizes Need For Funding At County LevelA report released by the California Legislative Analyst’s Office is cautioning state lawmakers to make sure that counties receive enough funding to take responsibility for a wide range of programs.