29_35x90 knx_35x90

Budget Deficit

(credit: CBS)

Huntington Park Residents Attempt To Recall Mayor, City Council

Huntington Park residents joined together Monday night to serve recall papers to the mayor and the entire City Council because of alleged corruption.

CBS2 / KCAL9–10/15/2012

(credit: Kevork Djansezian/Getty Images)

CSU Approves Plan To Raise Tuition If Tax Measure Fails

A California State University panel on Tuesday approved a plan to raise tuition by 5 percent next year if voters reject Gov. Jerry Brown’s tax initiative and trigger a $250 million funding cut to the 23-campus system.

CBS2 / KCAL9–09/18/2012

(credit: Long Beach Budget Challenge)

Long Beach Leaders Challenge Residents To Balance Budget

The city of Long Beach has created a new online tool to show residents what it takes to balance a city budget.

CBS2 / KCAL9–08/09/2012

(credit: Justin Sullivan/Getty Images)

Brown: California Now Faces $16 Billion Shortfall

Gov. Jerry Brown says California’s budget deficit has grown to a projected $16 billion.

05/12/2012

California state controller John Chiang (R) looks on as California Governor Jerry Brown speaks during a briefing on California's state budget . (Photo by Justin Sullivan/Getty Images)

Calif. Lawmakers Start Closing $9.6B Deficit

Exercising their new majority-vote authority, Democratic lawmakers began approving an $86 billion spending package Tuesday but did so without the tax renewals they had sought all year.

06/28/2011

(credit: David McNew/Getty Images)

Newport Beach Approves New Contract For Lifeguards

Officials in one of California’s most prominent beach cities have approved a new contract with fulltime lifeguards that would scale back pension benefits in the aftermath of public outcry over their compensation.

06/28/2011

(credit: CBS)

Senate Struggles To Find Compromise On Tax Hikes

After a failed tax vote a day earlier, the state Senate was meeting to figure out how Democrats and Republicans could compromise on closing California’s remaining $9.6 billion budget deficit.

06/11/2011

(credit: David McNew/Getty Images)

LA Unified Plans Short Day So Teachers Can Rally For State Funding

The Los Angeles Unified School District plans a shorter classroom day next week so teachers can demonstrate for state funding.

05/04/2011

Mayor of Los Angeles Antonio Villaraigosa (credit: GABRIEL BOUYS/AFP/Getty Images)

Proposed Villaraigosa Budget To Include Furloughs

Mayor Antonio Villaraigosa Wednesday is expected to release a proposed $6.9 billion budget in which city employees will get more than a month of furlough days per year.

KNX 1070 NEWSRADIO–04/20/2011

(credit: CBS)

Jerry Brown Pushes For Special Election On Budget

California Gov. Jerry Brown is speaking to young cadets at an Orange County military base as he swings through Southern California with hopes of selling the public on a special election Republicans in the legislature have so far rejected.

04/09/2011

generic_graphic_gov_california_budget_crisis

Senate GOP Leaders Release Wish List For Calif. Budget

After months of talks but no real progress, negotiations over solving California’s budget deficit appear to be stalled after Republican lawmakers released a list of 53 policy changes and budget reforms.

03/27/2011

(credit: CBS)

Calif. Republicans Debate Future Amid Budget Drama

California Republicans are meeting in Sacramento this weekend at a time of high tension within the party, with GOP lawmakers being pressured to avoid compromise with Democratic Gov. Jerry Brown and the party struggling to stay relevant after widespread losses at the polls in 2010.

03/19/2011

(credit: AP)

UC Riverside Considering Layoffs, Bigger Classes To Battle Budget Shortfall

The university is faced with a $50 million budget shortfall and may have to layoff faculty and increase class size, among other possible solutions.

03/16/2011

(AP)

Union: Calif. Issues 19K Teacher Pink Slips So Far

The California Teachers Association is reporting that school districts so far have issued nearly 19,000 layoff notices to teachers amid uncertainty over the state budget.

03/15/2011

government_money_generic

Lower Forecast Rejected For Calif. Pension Fund

Board members of the nation’s largest public pension fund have rejected a proposal to lower the fund’s estimated future investment returns.

03/15/2011

more

Follow

Get every new post delivered to your Inbox.

Join 2,386 other followers