Category Archives: California Budget

University of California strikers don’t see the full budget picture

By John Moorlach | I get the impression the University of California workers who went on strike May 7 don’t know the half of the financial problems of which the UC system suffers. According to the Los Angeles Times, more than 20,000 members of the American Federation … Continue reading

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Thank you, Governor Brown

By David Crane | Earlier today, California Governor Jerry Brown released the May Revision to his proposed budget for the next fiscal year, which starts July 1. The document is a must-read. State budgets are never perfect. That’s because they employ cash-basis budgeting, … Continue reading

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Why do Californians pay more state and local taxes than Texans?

By John Woolfolk | California was the birthplace of the 1970s tax revolt, but its residents still pay more in state and local taxes than those in most other big urban states. And many are asking why as they assess … Continue reading

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Proposition 13 on Jerry Brown’s mind

By Joel Fox | By my count, Governor Jerry Brown mentioned Proposition 13, the nearly 40-year old property tax reform, three times during his press conference presenting a new state budget. Brown’s discussion of Prop 13 came in the context … Continue reading

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Who pays the most and the least income tax in California?

By Jim Miller, Sacramento Bee | Tax deadline day is Tuesday and the following weeks and months again will make clear that, when it comes income taxes, certain parts of California generate an outsized amount of revenue. Taxpayers in Los … Continue reading

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The state must tackle its debts

By John Moorlach | The Legislative Analyst’s Office recently announced that it is forecasting a $2.8 billion budget surplus for the state of California next year. As the SNL Church Lady would say, “Isn’t that special?” But, it’s not special. … Continue reading

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Why public services in California decline even as revenues rise

”The worst, the most corrupting lies are problems poorly stated.” — Daniel Patrick Moynihan, citing French theologian ​Georges Bernanos By David Crane | The State of California’s revenues have surged in the five years since the 2010-11 budget. Through its … Continue reading

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Senator Moorlach introduces AB 1251 to give voters access to state’s balance sheet

Facing unfunded pension and retiree medical liabilities of $220 billion or more, California has the highest debt total of all the 50 states, yet voters are asked every election to approve even more bonded debt and to vote for candidates … Continue reading

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California’s budget is ‘balanced’ based on fanciful logic

By Steven Greenhut | California’s governor and legislators have been almost giddy about the state’s balanced budget and they simply ignore the clear evidence that the state remains awash in debt. Its budget is balanced in the same way a … Continue reading

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