Topic
california-finances
1 stories related to this topic, newest first.
kff.orgpolitics10 days agoDeveloping
State Budget Proposal Uses Reserves to Balance Current and Next Year
A revised state budget plan balances spending for the current fiscal year and the following year through reserves and other one-time measures. Legislative analysts said the approach leaves ongoing shortfalls of about $10 billion per year starting in 2026-27.