A review of recent state budgets and Gov. Gavin Newsom’s newly released 2024-25 budget proposal reveals truly monumental errors in revenue estimates by his fiscal advisers, particularly personal income taxes. The …
BY ADAM ASHTON | CalMatters A California Supreme Court decision three years ago was supposed to be the final word on former Gov. Jerry Brown’s marquee pension limit law, but …
Funding for a popular state program that gives fourth graders and their families free access to several dozen California State Parks is included in Gov. Gavin Newsom’s proposed budget for …
California governors tend to leave hefty budget deficits behind when they depart, forcing their successors to raise taxes, borrow money or make big spending cuts to maintain solvency. It happened …
When California’s governors and legislators write state budgets, they begin with projecting how much revenue the state is likely to receive. It’s a semi-educated guess that is often billions of dollars removed …
There’s an old adage that one must first acknowledge a problem exists before it can be addressed. It bears repeating because of a huge disagreement over the size of California’s state …
California’s budget woes could kill two popular programs that help the public access state parks and beaches for free, after Gov. Gavin Newsom failed to include money for the projects …
Governor Gavin Newsom said Wednesday the state’s budget deficit — projected just last month at a staggering $68 billion — has been revised to $37.9 billion, and will be solved …
California enters the new year with its existential issues still unresolved, and a new one — an immense budget deficit — threatens to make dealing with them even more difficult. …
Inflation-adjusted numbers for per-resident state spending over 50+ years Is California on a bender? The state’s per-capita spending has more than tripled over the past 50 years, even when adjusted …