California’s general fund – California Globe

California’s State Government Spends Twice as Much Today Per Resident than Just 10 Years Ago

December 1, 2022 2:45 amNovember 30, 2022 9:40 pm

Less than six months ago, California’s State Legislature approved a record breaking $300 billion state budget. Within that total, and to finance most of the state’s ongoing operations, was a general fund allocation of $235 billion for the fiscal year ending...

California’s General Fund Relies on the Super Rich and Federal Bailouts

January 13, 2021 2:15 amJanuary 13, 2021 6:11 pm

One of the biggest reasons California’s technology moguls supported the Biden/Harris candidacy had nothing to do with ideology. It had to do with their pocketbooks. Because with a Californian presiding over the Senate, and a Californian Speaker of the House,...