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Budget

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Gov. Brown Signs $108B State Budget

Gov. Jerry Brown has signed California’s $108 billion budget for the coming fiscal year that pays down debt, builds a rainy day fund and provides additional money for schools and health care.

06/20/2014

(credit: CBS)

LAUSD Teachers Set For Budget Fight Over Pay Cuts, Staffing

Teachers want officials to restore pay cuts and boost the number of nurses, librarians and other key positions as part of a proposed $6.8 billion budget plan for the coming school year.

06/17/2014

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How To Buy A Car With Bad Credit

It’s not easy, but when you need transportation, there are ways to find a car despite a low credit score.

06/16/2014

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Lawmakers To Vote On $108B Spending Plan

Lawmakers are facing a Sunday deadline to pass a $108 billion spending plan that will meet Gov. Jerry Brown’s demands for a rainy day fund and paying down debt while allocating some of the surplus to programs benefiting lower-income Californians.

06/15/2014

(credit: CBS)

Democrats, Governor Debate California Budget Total

A key disagreement has emerged over the size of the 2014-15 spending plan for the fiscal year that begins July 1. Lawmakers face a June 15 deadline set by the state constitution to pass a balanced budget.

06/09/2014

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Port Of Los Angeles Approves Nearly $1B Budget

The leaders of the nation’s busiest sea port approved a nearly $1 billion budget Thursday that focuses on fending off competitors by expanding and modernizing the sprawling trade complex.

CBS2 / KCAL9–06/05/2014

FILE -- (credit: CBS)

Garcetti Seeks Financial Support During 1st Official Visit To Sacramento

Los Angeles Mayor Eric Garcetti is on his first official visit to the Capitol and is making his case for revitalizing California’s most populous city.

06/05/2014

Cal State University officials will boost their faculty hiring after cutting enrollment at Cal State campuses by 10,000 students in 2011. (Photo by Kevork Djansezian/Getty Images)

CSU To Hire 700 Full-Time Faculty Members To Keep Pace With Demand

Cal State Long Beach and other CSU campuses statewide will hire hundreds of new faculty members to help make up for massive cutbacks during the recession, officials said Monday.

06/02/2014

(credit: CBS)

New Proposed Budget For Cash-Strapped San Bernardino May Put Libraries On Chopping Block

A proposed budget for the cash-strapped city of San Bernardino may put libraries on the chopping block.

CBS2 / KCAL9–05/23/2014

(credit: California State Parks)

State Parks Director Announces He’s Quitting After Just 19 Months On The Job

Jackson’s retirement from the $150,000-a-year position will take effect June 30.

05/21/2014

(credit: CBS)

Budget Analyst Projects Even Higher Tax Revenue

The state’s independent budget analyst predicted Friday that California will collect $2.5 billion more than Gov. Jerry Brown forecasts for the coming fiscal year, giving Democrats a reason to push spending.

CBS2 / KCAL9–05/16/2014

diabetes syringe

Study: Diabetes Hurting Californians Over 35, State Economy

About 95 percent of those diagnosed with diabetes have type II which “often is preventable.”

05/15/2014

(credit: BAY ISMOYO/AFP/Getty Images)

California On Track To Pay Off $15B Bond Championed By Schwarzenegger

Governor Brown’s finance department estimates the total cost to the state to repay the bond will be $19.5 billion, which includes $4.5 billion in interest.

05/14/2014

(credit: CBS)

Gov. Brown Unveils Record $107B Spending Plan

California Gov. Jerry Brown released a record-high level of spending Tuesday in his latest revision to the state budget.

CBS2 / KCAL9–05/13/2014

(credit: BAY ISMOYO/AFP/Getty Images)

Analyst Says Calif. Faces $340B In Debt

California faces $340 billion in debts, or more than $8,500 for each of its 38 million residents, the nonpartisan Legislative Analyst’s Office said Wednesday in recommending that the state set priorities for paying down its key long-term liabilities.

05/07/2014

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