In a slightly less cram-packed City Council agenda than others of late, arguably the most significant item will be the Financial Status Update and Financial Year 2023-24 Midyear Budget. Under
While Gov. Gavin Newsom gallivants around the country as a campaign surrogate for President Joe Biden — and to burnish his own national image — the state budget he proposed just six
The biggest challenge facing lawmakers and Gov. Gavin Newsom is the state budget deficit — and it just got bigger.
The Legislative Analyst’s Office projected the shortfall as $15 billion
A review of recent state budgets and Gov. Gavin Newsom’s newly released 2024-25 budget proposal reveals truly monumental errors in revenue estimates by his fiscal advisors, particularly personal income
Gov. Gavin Newsom’s recipe for digging the state out of a multi-billion dollar budget hole has "strengths and weaknesses" while his revenue projections are "plausible, but
In an update presented to the board this month, staff said the district’s unrestricted general fund expenditures increased by $2,505,839, while revenues were bolstered by $1,531,
Two seemingly diametrically opposed things were both true about California’s budget in 2023.
The state had to pare down its spending as it confronted a nearly $32 billion deficit
Staffing change approvals and several financial reports are in store for the Santa Monica-Malibu Unified School District (SMMUSD) Board of Education during their final meeting of 2023.
On Thursday, the
With tax revenues in a free fall comparable to the Great Recession and the dot-com bust, California faces a projected $68 billion budget deficit next year that will require spending
With only one or two points of discussion, councilmembers voted unanimously 7-0 to move forward with the fiscal year 2022-23 year-end budget proposals.
As per the Staff report, this included,
Last week’s City Council meeting may have set a new record as it drifted into the early hours of Wednesday morning before Mayor Gleam Davis called an adjournment at
Throughout the various crises in California Gov. Gavin Newsom’s first term the state’s record-smashing budget surpluses were always there to smooth things over.
