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.
Riding a wave of new tax revenue, California’s spending plan for the coming fiscal year will rise by nearly $5 billion, a powerful indication that the state that came to symbolize fiscal mismanagement during the heart of the recession is emerging into brighter days.
California is seeing a resurgence in tax revenue, but what should be good news is turning into a political liability for Gov. Jerry Brown.