The gloomy report amplifies fears the state will have no choice but to impose deeper budget cuts this winter.
Police are on the hunt for three home invasion robbers who held a gun on the housekeeper of a five-bedroom home in Santa Monica as they helped themselves to more than $45,000 in cash and jewelry.
Police are hoping surveillance video will lead them to a thief who burglarized Café Bizou.
Currently on a global tour, the International Coin Collectors Association (ICCA) will be making a stop in Fullerton, California to purchase coins, paper currency, gold and silver on behalf of their global network of collectors, dealers and refineries.
An Orange County man has been convicted of scamming dozens of elderly people out of about $2.8 million dollars.
Will Smayda from Merill Edge visited the KCAL 9 studios Wednesday to talk about budgets for holiday spending.
Police are asking for the public’s help in identifying two suspects involved in an armed robbery at a Check N Go in Riverside seen in this YouTube video.
The men roughed up at least one of the residents and apparently fled with $20,000 in cash and some jewelry.
A plan to raise cash for a new state-of-the-art stadium in downtown Los Angeles by selling luxury condominiums may be in trouble.
Without telling police, the administrators gave the 12-year-old cash and asked him to buy drugs, according to his parents, who are claiming emotional distress and loss of income.
The Board of Supervisors for Orange County on Tuesday gave its approval to a budget that marks a $146 million increase in spending heading into 2012.
Administrators are reportedly holding $57 million that could be used to prevent the layoffs of 1,900 teachers, nurses counselors, librarians and others.
Los Angeles police say a driver has been arrested for a crash that sent another car smashing into a check-cashing business.
Mayor Art Barajas says the city will be able to meet payroll and does not expect any layoffs in spite of a looming cash flow crisis.
“The true nature of the city’s cash deficit” was hidden for many years by accounting maneuvers, according to the city manager of Montebello.