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State Budgets

A collection of news and information related to State Budgets published by this site and its partners.

Top State Budgets Articles see all

Displaying items 1-5
  • Revamping California's tax code

    Revamping California's tax code
    The California tax code is like a handyman's rickety stepladder, as untrustworthy as it is essential. It's also proving to be hard to fix. Two blue-ribbon commissions have proposed sweeping reforms to shore up the tax code's weaknesses in recent years, only to get lost amid the Legislature's struggle to make ends meet during the downturn. Nevertheless, there may be no time like the present for lawmakers to try to make the state's revenue more reliable.
  • The risks of too much caution in setting California's budget

    Like Gov. Jerry Brown, California lawmakers expect the state to collect much more in taxes in the coming fiscal year than Brown predicted in January, when he first proposed a budget for 2015-16. The key question now, though, is how much more revenue...

    Proposition 1, a water bond measure, passes

    Proposition 1, a water bond measure, passes
    Proposition 1 has passed, AP reports. It authorizes state officials to borrow $7.12 billion and repurpose $425 million in bonds approved earlier to pay for new water projects. The measure includes $2.7 billion for storage projects, such as dams; $800...

    Californians OK Proposition 2, on rainy day fund

    Californians OK Proposition 2, on rainy day fund
    Proposition 2, to strengthen California's rainy day fund, has passed, AP reports. A constitutional amendment with bipartisan support, the measure was placed on the ballot by the Legislature and Gov. Jerry Brown. Under the measure, state officials will...

    Democrat John Chiang elected California treasurer, AP reports

    Democrat John Chiang elected California treasurer, AP reports
    Democrat John Chiang has won the contest for California treasurer, defeating Republican Greg Conlon. The treasurer is responsible for managing the state's debt, such as selling bonds that fund major projects.  The campaign was one of the quietest...