Articles Tagged With ‘Budget’

Controller: State will run out of cash before April

State Controller John Chiang warned Friday that California will run out of the cash needed to pay bills by April–unless Gov. Schwarzenegger and legislative leaders agree on nearly $9 billion in budget cuts. [Oakland Tribune] Those cuts are needed, Chiang... (Continue reading)

Top two sheriff officials double and triple dipping

Though highly unusual, the methods San Luis Obispo County’s two top sheriff officials have adopted to double and even triple their incomes are entirely legal. In an interesting twist, San Luis Obispo County Under Sheriff Steve Bolts is taking home between... (Continue reading)

Arizona to close most state parks

In a scenario all too familiar to Californians, the state of Arizona has announced plans to close most of its state parks. [Los Angeles Times] The Grand Canyon State, currently wrestling with a multibillion-dollar deficit, plans to close 13 parks... (Continue reading)

Does California owe you money?

More than 89,000 California residents and businesses are currently sitting on an estimated $50 million in uncashed I.O.U’s.  [New York Times] The state issued about 450,000 I.O.U.’s, valued at roughly $2.6 billion, to taxpayers, vendors, and contractors last July during... (Continue reading)

Governor to call emergency session

Gov. Arnold Schwarzenegger plans to call the state Legislature into emergency session to deal with a nearly $6.3 billion budget gap in the current fiscal year. The emergency declaration, authorized by the voters under Prop 58, requires lawmakers to act... (Continue reading)

California faces more budget cuts in 2010

California heads in to 2010 facing a nearly $21 billion shortfall during the next 18 months, despite a wave of deep spending cuts. [Associated Press] Pick an issue. Any issue. Class enrollment will swell. Public colleges will raises fees and... (Continue reading)

Politics surrounds Maldonado’s nomination

State Sen. Abel Maldonado (R-Santa Maria), the governor’s pick to be California’s next lieutenant governor, is seen as being a key player in the 2010 budget fight in Sacramento. [Capitol Weekly] Key Democrats want to address the state’s $6 billion... (Continue reading)

Expect court delays due to budget woes

California budget woes are likely to be felt throughout the state trial court system, threatening hundreds of legal jobs and bringing the judicial process to a crawl. Cash-strapped Sacramento cut almost $400 million from the judicial budget and California courts... (Continue reading)