Budget

State of the State Address Governor Keeps Focus on Budget Discipline

Paying for existing state commitments and continuing to add to state budget reserves were the twin highlights of the Governor’s State of the State...

Finance Director Recaps Budget for CalChamber

Managing state finances with a long-term view is a guiding principle for the Governor’s budget proposal for 2016–17, California Finance Director Michael Cohen told...

Governor Urges Restraint in Proposed Fiscal Plan

Emphasizing his commitment to fiscal prudence, Governor Edmund G. Brown Jr. this week proposed a $171 billion state balanced budget with no new general...

Governor, Democrats Agree on Budget

Governor Edmund G. Brown Jr. this week announced that he and the Democratic leaders of the Assembly and Senate have reached agreement on a...

Legislative Analyst Projects More Revenue; Echoes Governor’s Call for Fiscal Restraint

The nonpartisan Legislative Analyst’s Office (LAO) this week released revenue projections a few billion dollars higher than estimated in the Governor’s budget plan, but...

Governor Holds Steady on Prudent Spending Plan

Warning that a recession is inevitable, Governor Edmund G. Brown Jr. dampened spending expectations even as higher revenues have poured into state coffers. Overall, the...

Governor’s Budget Plan Saves, Pays Down Debt

Governor Edmund G. Brown Jr. has outlined a “carefully balanced” budget plan for 2015–16, demonstrating his commitment to keep the state on a steady...

Governor Proposes ‘Carefully Balanced’ Budget

Governor Edmund G. Brown Jr. today released what he described as a “carefully balanced” budget plan for 2015–16 that allocates portions of increased state...