Budget and Finance

CA Legislature boosts budget up to $156 billion

Wednesday, June 18th, 2014

Convinced that California's fiscal crisis is effectively over, state Democrats led the state Legislature to pass a $156 billion budget. They did so after a round of negotiations that left Sacramento just six hours away from missing the state's constitutional deadline for passing a budget into l...

Chart shows Brown budget follows Gann Limit

Monday, June 16th, 2014
Gann Limit 2014

Gov. Jerry Brown and Democratic legislators are congratulating themselves on passing a budget by the June 15 deadline and keeping a lid on spending. They insist they're avoiding the excess spending that got the state into trouble when past recessions hit in 1990, 2000 and 2007, producing massive def...

Water conservation success backfires on policy-makers

Monday, June 16th, 2014
drought.ca

  A longstanding truism when it comes to needed goods such as water systems, flood control or catastrophic earthquake insurance is that the public wants them but does not want to pay for them. This was confirmed anew by a recent USC-L.A. Times poll, which found only 36 percent of those po...

State budget: Governor, lawmakers expected to finalize deal

Friday, June 13th, 2014

State lawmakers reached a tentative agreement on the state budget Thursday, after Gov. Jerry Brown caved to Democratic lawmakers' demands over more funding for in-home support services for elderly and disabled Californians. “We are at this point prepared to bring the full budget to the floors o...

Sweeping new legal challenge to bullet train

Wednesday, June 11th, 2014
fresno_kangaroo_rat

A massive California Environmental Quality Act lawsuit was filed June 4 in Sacramento Superior Court over the newly certified environmental impact report (EIR) for the bullet-train project segment linking Fresno to Bakersfield. This EIR is supposed to have far more details about the impacts of th...

Pension costs burden CA budget

Monday, May 19th, 2014

Gov. Jerry Brown still hasn't gotten his state's budget problems beat. A high-profile new report showed California still faces massive liabilities extending far into the future. The study, released by the nonpartisan Legislative Analyst's Office, tallied over $340 billion in debts, deferred ...

Brown submits May Revise budget

Wednesday, May 14th, 2014

Yesterday, Gov. Jerry Brown submitted the May Revision of his 2014-15 budget proposal with a mixture of line-item revisions. Most  were budges that only moved the budget slightly. The fiscal year begins July 1. Over his January budget proposal, Brown increased the overall General Fund operating b...

19 CA members of Congress take pensions

Tuesday, May 13th, 2014
demaio-300x225

Former San Diego city councilman and mayoral candidate Carl DeMaio, who brought comprehensive pension reform to San Diego, is taking his fight to Capitol Hill. A new report published by the GOP congressional candidate identified 102 members of Congress that receive public pensions on top of their...

AB2170 could boost local taxes

Friday, May 9th, 2014
Taxes-egyptian-peasants-wikimedia-300x163

  A majority of Californians would rather have lower taxes and fewer government services than higher taxes and more government services, according to a recent Field poll. But the drive for higher taxes and more government services continues unabated in Sacramento. The Assembly Committee o...

CA cities gain tool to chop retirement benefits

Wednesday, May 7th, 2014
san.dilogo

A cliche in government circles is that there is no "magic bullet" available to address many big, difficult problems. But thanks to a recent action by the California Supreme Court, many local governments now do have a "magic bullet" to reduce their unfunded retirement benefits. On April 30, the co...