Tag: H.D. Palmer
California Budget Deficit Balloons To $73 Billion According to Legislative Analyst
According to a new updated revenue forecast report released by the Legislative Analyst’s Office on Tuesday, California’s budget deficit for the 2024-2025 year was increased from the previously estimates of $58 billion and $68 billion to $73 billion. California’s state...
Legislative Analyst Warns California Can’t Afford Gov. Newsom’s 2023-24 Budget
The Legislative Analyst’s Office (LAO), the California Legislature’s nonpartisan fiscal and policy advisor, announced on Tuesday that the state would unlikely be able to afford the May revisions to the 2023-2024 budget as proposed by Governor Gavin Newsom, and that...
California’s Population Fell By 182,000 in 2020 According to New Department of Finance Study
According to a new report released Friday by the California Department of Finance, California’s population fell by 182,000 people last year, the state’s first yearly population loss since first becoming a state in 1850. The overall growth rate of -0.46%...