This article reports on the status of the state of California's budget. The budget is ordinarily due on July 1 of each year but a sharp economic downturn created a shortfall. The state legislature and...
Profile: Budget crisis in the state of CaliforniaRENEE MONTAGNE
In response to legislative mandate, this study: (1) investigates the need for the California Community and Junior College Association (CCJCA); (2) examines the functions of the CCJCA as a publicly funded agency; and (3) assesses the appropriateness of placing the governance of community college...
The cause of Californias unusual fiscal relationship is decades of initiatives that more severely constrain local revenues than state revenues. The state has responded by creating a system of state-local transfers that allow local governments to face a form of soft budget constraint, leading to ...
"Everything is on the table. They listed all the major areas of the state budget," Dietrich said. "From now through April, more than $51 billion in income and corporate tax receipts are forecast to come in. No one can say today with certainty how those numbers may change the budget ...
The budget cuts also have a serious impact on education in the state. University of California's Board of Regents voted to approve a 32 percent increase in student fees last week. Many students even barricaded themselves inside buildings at University of California to protest against the tuition ...
Democrats go with ‘the least bad’ tax congress Republicans ready grenades against Democrats’ dwindling dream bill New Jersey State officials forecast multibillion-dollar surge in revenue. Lawmakers want to use it for more tax relief. Finance & Tax ...
size of government, or to do the worst thing and that’s fall back on the lender of last resort, the Federal Government who is in worse shape than the State of California, the only difference being their ability to print money and to thus rob the American people of their productive ...
abudgetdeficit (= when the government spends more money than it earns) 政府预算赤字 牛津词典 If webudgetcarefully we'll be able to afford the trip. 我们精打细算一点,就能够负担这次旅行。 牛津词典 I'vebudgetedfor two new members of staff. ...
That is the biggest deficit by dollars in state history, but previous deficits have been larger as a percentage of state spending. California's current budget tops $300 billion, the largest by far of any state. Newsom and the state Legislature now must come up with a plan...