It happened in 2022, as the state was emerging from the effects of the COVID-19 pandemic. Gov. Gavin Newsom’s ...

California's legislative analyst warns that big deficits could return in Hollywood with Donald Trump back in the White House.

Several state employee contracts expire in 2025, which means negotiations over compensation and benefits will begin in the ...

The nonpartisan Legislative Analyst’s Office projects a $2 billion shortfall for 2025-26, but says the state can’t afford big ...

After clearing up a $47 billion budget deficit earlier this year, California may not be out of trouble just yet.

Despite surging state revenues so far bringing in $7 billion more than expected this year, Legislative Analyst Gabe Petek ...

Bay Area tech giants’ historic stock market run this year has one colossal beneficiary: California’s government. The ...

“We need to show restraint with this year’s budget, because California must be prepared for any challenges, including ones from Washington,” Rivas said. “It’s not a moment for expanding programs, but ...

California could offer state tax rebates for electric vehicle purchases if the incoming Trump administration eliminates the ...

The rally in technology stocks has created so much wealth in California that it has helped the state fill its coffers.

While the analyst called the anticipated budget 'in fair condition,' he expects large deficits in the following fiscal years.

As a result of implementing the Master Plan for Aging, California has made significant strides, with record budget ...