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

"There’s really no capacity for new commitments because we do estimate there to be these pretty significant operating ...

California lawmakers return to Sacramento on Monday for the swearing-in ceremonies for new state lawmakers and begin the ...

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 ...

California Gov. Gavin Newsom appears to be trying to strike a delicate balance between the political brawler that his ...

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

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

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

“California is the highest-tax state in the country, yet we are still facing multi-billion-dollar deficits well into the ...

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