The nonpartisan Legislative Analyst's Office said Tuesday that Gov. Jerry Brown's budget proposal "raises serious legal concerns" in at least two instances where the governor wants to use fees to fund potentially unrelated programs.
The trust fund that provides pensions to the state's retired teachers has a $64 billion deficit and would need a $4.5 billion-per-year infusion of revenue to become fully solvent, according to a new internal study.
Three months after lawmakers enacted public pension rollbacks, a new measure has surfaced that would exempt thousands of public transportation workers from the law.
As many California lawmakers herald a budget proposal that appears to restore fiscal stability to the state, some court officials have a different message: It's not enough.
The California Legislature acted unconstitutionally when it approved a bill moving Gov. Jerry Brown's initiative to raise taxes to the top of the November ballot, an appeals court ruled Friday.
In a scathing new review of the California Public Utilities Commission, the Department of Finance found widespread budget errors and inaccurate fiscal predictions of various fees that state consumers pay each month.
Gov. Jerry Brown's budget plan appears to provide sufficient funding to avoid tuition increases at the University of California next year, a UC administrator said Friday.
With state employee contract talks just weeks away, Gov. Jerry Brown on Thursday rolled out a budget that included money for long-promised pay raises and little else at least for next year.
Offering a brief glimpse of his new spending plan, Gov. Jerry Brown said Tuesday he will propose a "live-within-our-means" budget on Thursday that spends more money on higher education and K-12 schools in the next fiscal year.
Gov. Jerry Brown and California lawmakers struck an upbeat tone in recent weeks as they enjoyed their most positive budget outlook since the economic downturn.
The state's fiscal analyst said Wednesday that California's long-tattered budget is on the verge of producing surpluses, but he cautioned that Gov. Jerry Brown and lawmakers must first avoid a spending spree.
Californias budget has been on shaky ground for years, even before the recent recession. Various commissions, blue-ribbon panels and reform organizations have proposed ways to ease the states budget woes by relaxing some restrictions and imposing others, but consensus has been elusive
A public pension reform proposal favored by Gov. Jerry Brown would save struggling state and local governments between $40 billion and $60 billion over 30 years, according to a hasty analysis by CalPERS.
The state has axed 7,112 vehicles from its inventory since Gov. Jerry Brown ordered the reductions last year, according to the Department of General Services.
Democrats say voters need look no further than California's $91 billion general fund budget to see how dramatically they have cut. That spending total is 11 percent below the state's pre-recession peak.
Former state parks director Ruth Coleman knew the department was running a budget surplus of $20 million even as it was carrying out a plan to close 70 parks, according to testimony released by the state Natural Resources Agency late Friday.
The Maulino family is a great believer in AVID a program that they say propelled Alexander Maulino, 20, from high school to college with dreams of becoming a physician.
California may never see "hundreds of millions" in Facebook-related tax dollars necessary to balance the state budget as investors spurn the social media giant, the state's top fiscal analyst warned Wednesday.
California's borrowing from special fund accounts has reached nearly $4.3 billion, more than five times the amount from June 2008, according to a semiannual report issued Monday by the state Department of Finance.
In 2004, California voters authorized $15 billion in bonds to erase a massive budget deficit at the urging of lawmakers and newly elected Gov. Arnold Schwarzenegger.
As California lawmakers slashed funding for social services and state workers this spring, some of the Legislature's top-paid staff saw the size of their own salaries grow.
State Controller John Chiang will appeal a judge's ruling that he does not have authority to withhold lawmakers' pay in cases in which the Legislature passes a budget that Chiang finds is unbalanced.
Gov. Jerry Brown rejected the Legislature's first budget proposal in June because he said it was "not structurally balanced and puts us into a hole in succeeding years."
A Sacramento judge on Friday halted Gov. Jerry Brown's drive to place his tax initiative atop the November ballot as the court examines recent signature counting and a new law intended to give his measure a leg up.
Suction dredge mining foes are crowing following news that an addition to the California budget bill will effectively extend indefinitely a moratorium on the controversial practice.
University of California President Mark Yudof said Thursday that he will ask UC's governing board to freeze tuition for the coming school year, responding to the state budget just as Gov. Jerry Brown had hoped.
After Gov. Jerry Brown signed legislation that would likely put his tax initiative atop the November ballot, a rival tax campaign filed suit Thursday to block his measure from taking first place.
Gov. Jerry Brown used his blue pencil to strike $128.9 million in spending from the $91.3 billion General Fund state budget he signed Wednesday, his office reported today.He vetoed another $66.8 million in special fund spending, for a total veto amount of 195.7 million.