CSAC’s full analysis of the 2012-13 May Revision is in our latest Budget Action Bulletin. Today Governor Brown released his May Revision of the proposed 2012-13 budget which contains reductions in programs and services counties provide to 38 million Californians. “Governor Brown demonstrated once again his commitment to counties by staying true to his vow to [...]
What to do with the extra revenue, if any?
That’s the amount of revenue the state needs to receive in order to meet April’s cash projections. What was once a somewhat-rosy financial picture over the last few weeks appears to be withering away. The state took in about $574.5 million in personal income tax receipts on Friday, April 23, taking the monthly total to [...]