Auditor: California Budget System Overhaul Will Cost $1BThe cost of California’s vast overhaul of its budget and financial accounting system has ballooned to over $1 billion while next year’s deadline for completing the project is unrealistic, a state auditor’s report said Tuesday.
California's Feud With Trump Could Impact State's Budget SurplusCalifornia is bracing for a much smaller budget surplus next year because of its ongoing feud with the Trump administration about a tax involving Medicaid, the state's chief budget writer said Monday.
California Agency Predicts $7 Billion State Budget SurplusCalifornia is expected to have a $7 billion budget surplus next year, but lawmakers were urged Wednesday not to spend all of it because a sizable chunk depends on an upcoming decision by the Trump administration as it feuds with state Democratic leaders.
California Legislature Approves $214.8 Billion BudgetCalifornia lawmakers on Thursday approved a $214.8 billion state budget that would spend more on health care and education, bolster the state's top firefighting agency following devastating wildfire seasons, and boost state reserves.
California Governor, Lawmakers Wrangle Over Budget DetailsCalifornia lawmakers and Gov. Gavin Newsom broadly agree on a proposed $213 billion state budget that would spend more on immigrants and the poor by expanding tax credits, health care and child care.
Gov. Newsom Proposes $213B Spending Plan For CaliforniaGov. Gavin Newsom proposed a $213 billion state budget Thursday that boosts spending on K-12 education, wildfires and homelessness.
California Pot Taxes Lag As Illegal Market FlourishesDeep in Gov. Gavin Newsom's new budget is a figure that says a lot about California's shaky legal marijuana market: The state is expecting a lot less cash coming in from cannabis taxes.
Jerry Brown Takes Victory Lap As He Signs California BudgetNearing the end of his final term as governor, Brown has celebrated the state's financial strength and thriving economy.
Victims Of East Area Rapist Get Renewed Chance For State CompensationVictims of East Area Rapist may get a chance to seek compensation for their emotional trauma or financial losses under pending legislation.
Universities, Welfare Get Boost In California Budget DealGov. Jerry Brown and Democratic legislative leaders agreed to boost funding for the CSU and increase grants for people on welfare as part of a budget compromise released on Friday.
Gov. Brown Pitches $122.5B California Budget, Warns Of DeficitGov. Jerry Brown proposed a $122.5 billion state spending plan Tuesday and warned of a looming $2 billion deficit because of falling tax revenues.