California Budget – Page 5 – California Globe

Budget Requirement for the Department of Industrial Relations

April 4, 2023 8:00 amApril 4, 2023 8:03 am

California’s Department of Industrial Relations (DIR), pursuant to Labor Code Section 50.7, has some unique state budget involvement. This is due to the fact that the DIR is the state agency designated to be responsible for administering the state plan...

Calif. Legislative Analyst ‘Calls Bull’ on Newsom Budget Projections

January 17, 2023 4:45 pmJanuary 19, 2023 4:22 pm

Last week, California Governor Gavin Newsom presented a $297 billion 2023-2024 budget plan on Tuesday, with a projected deficit of $22.5 billion. He shaved $3 billion off his last budget, in the face of a recession, and the $22.5 billion...

California’s Budget Black Hole: Where Did the $97.5 Billion Surplus Go?

January 10, 2023 6:00 pmJanuary 10, 2023 6:42 pm

In June of 2022, the California legislature passed Gov. Gavin Newsom’s $300 billion budget – the largest in state history. In June 2021, the California Legislature passed Gov. Newsom’s $262.6 billion 2021-2022 budget. In June 2020, the California Legislature passed Gov....

‘Your Ass and a Hole in the Ground’ – A Comparative Study

December 14, 2022 2:45 amDecember 13, 2022 8:54 pm

So “Your Ass and a Hole in the Ground” is from David Letterman’s “Top 10 Courses Taken by Basketball Players at UNLV” from decades ago about basketball players take. That nasty great aunt you haven’t talked to in years has finally...

California High Speed Rail: Low Speed Fail

December 11, 2022 2:30 amDecember 12, 2022 2:10 pm

Curiouser and curiouser, said Alice as she grew taller and taller in Wonderland. Curiouser and curiouser, said everyone paying even the slightest attention as the high-speed rail fantasy grew bigger and more expensive and further behind schedule and more incomprehensible...

Important Budget Publications from California Department of Finance

November 21, 2022 6:21 amNovember 21, 2022 6:22 am

For those unfamiliar with the California budget process, the California Department of Finance (DOF) publishes a number of important “budget references” that are valuable to those involved or interested in the state budget process. Department Index – this document provides...

California’s Questionable Swing from Budget Surplus to Budget Deficit in One Year

November 17, 2022 2:53 pmNovember 18, 2022 3:36 pm

Exactly one year ago the Globe reported, “California will have a $31 billion surplus next year,” according to the 2022-2023 California state budget Fiscal Outlook report compiled by the Legislative Analyst’s Office. The tide completely turned in one year. Wednesday,...