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New Budget Already $8 Billion Out of Whack — Legislative Analyst Says
Less than one month after Gov. Arnold Schwarzenegger signed a budget aimed at closing a massive $42 billion gap between revenues and spending commitments, the state’s still deteriorating economy will add another $8 billion to the state’s revenue hole between now and June 30, 2010, according to the Legislative Analyst.
The Legislative Analyst’s assessment of the state’s fiscal outlook also says that because several of the key provisions of the recently enacted budget are short term, budget gaps will continue, growing to $12.6 billion in the fiscal year beginning July 1, 2010 and climbing to $26 billion in the fiscal year starting July 1, 2013. Read more »
February Cash Collections — $1 Billion Below Estimates
As reported here previously, State Controller John Chiang’s February cash report shows revenues $1 billion below projections. Read more »
The More Things Change…
Still true. Still being said — with almost identical words. Circa 1962.
Welcome To The Court
(Editor’s Note: It was a gold, desktop, battery-powered grasshopper oil derrick that, when switched on, bobbed up and down. At the time, such derricks were atop Signal Hill in Long Beach. Just under 32 months after this letter was written, in November 1986, voters removed Bird and two other justices from the court. Read more »
California Ineligible for More Than $10 Billion in Federal Stimulus Funds
Of the $31 billion in federal economic stimulus money California could receive over the next three fiscal years, it is ineligible for nearly one-third because of a change made in this year’s budget affecting eligibility for Medi-Cal, the state’s health care program for the poor.
Were it eligible, the state would pocket $8.3 billion of the more than $10 billion in increased federal Medi-Cal funds available to California, allowing it to reduce general fund costs for the program. Read more »
Whole Lotta Prisons Goin’ On
Freshman GOP Assemblyman Danny Gilmore knows prisons. The retired California Highway Patrol assistant chief should. Seven of the state’s 33 prisons are located in the 30th District. That’s 21 percent of California’s prisons, for those keeping score at home.
The district – 6.3 percent of southern Fresno, all of Kings, 11 percent of western Tulare and 31 percent of northern Kern counties – is home to Avenal State Prison, Wasco State Prison, Pleasant Valley State Prison in Coalinga, California State Prison and California Substance Abuse Treatment Facility/State Prison in Corcoran and the Kern Valley State Prison and North Kern State Prison, both in Delano. Read more »
California To Receive $31 Billion In Federal Economic Stimulus
A new report by the Legislative Analyst says that of the $787 billion committed nationwide, California will get over $31 billion over three years to help close budget gaps and increase existing state spending in several areas, including education and health care.
There’s also the potential for billions more in competitive grants, the report says. Read more »
As of March 9, 2009 — 2,360
Since the 2009-2010 legislative session began last December, the Assembly has introduced 1,543 pieces of legislation, an average of 19.3 measures per each of its 80 members.
The 40-member Senate has introduced 817 bills, a 20.4-per-member average.
-30- Read more »
Continue Foster Care benefits to Age 21, State Officials Urge
A bipartisan group of state elected officials, including Governor Arnold Schwarzenegger, announced their support for extending foster care benefits from 18 to 21 years of age at a March 9 Capitol press conference.
Despite annually spending of nearly $1.7 billion on child welfare services, foster care remains one of California’s more glaring public policy failures. Read more »
It’s Bad Out There
The Sacramento Bee announced it is eliminating 128 jobs today, or 11 percent of its workforce, and will impose pay cuts on remaining workers. The cutbacks are part of other layoffs announced by its parent, The McClatchy Co. of Sacramento, which said it is erasing 1,600 jobs or 15 percent of its workforce. Read more »
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