SAN FRANCISCO, May 22- If California lawmakers rely on the state budget watchdog agency's latest revenue outlook, they may build spending increases into a budget plan at odds with the relatively conservative and cautious plan urged by Governor Jerry Brown, Moody's Investors Service said on Wednesday.
SAN FRANCISCO, May 21- California's largest greenhouse gas-emitting businesses paid $14 per metric tonne for the right to release carbon this year, a record-high price that narrowly beat market expectations, the state said on Tuesday.
SACRAMENTO, Calif.-- Riding a wave of state tax revenue, Gov. Brown is proposing a $96.4 billion spending plan for the coming fiscal year that starts July 1, funneling more money to K-12 schools but otherwise taking a cautionary approach to spending.
SACRAMENTO, Calif.-- California is enjoying a revenue surplus for a change. Assembly Speaker John Perez, D- Los Angeles, announced his fiscal priorities last week and said he wants increased spending on child care services for the poor and college assistance for middle-class families.
SAN FRANCISCO, May 8- California collected $15.03 billion in revenue in April, putting the state's fiscal year-to-date revenue at $4.6 billion above the estimates in Governor Jerry Brown's initial budget plan, the state controller's office said on Wednesday.
SAN FRANCISCO, April 17- The board of California's $255 billion public pension fund on Wednesday approved accounting changes requiring state agencies, cities and counties to pay rate increases of up to 50 percent in a plan to fully fund the pension system's obligations in 30 years.
LOS ANGELES, April 6- California Governor Jerry Brown said on Saturday he was aiming for a big win as he sets off for China to pitch the Golden state's wine, produce and technology and open a trade office in Shanghai.
LOS ANGELES, April 6- A political fight over charity collection bins is brewing in California, where property owners complain that the boxes are sometimes dropped onto their land without permission, becoming magnets for graffiti and shelter for transients.
The projects, to be built mostly on federal lands in California and Nevada but funded privately, were announced by Interior Secretary Ken Salazar at a press conference in San Francisco.
WASHINGTON, March 11- The U.S. Department of Housing and Urban Development on Monday said it plans to shut its doors for a total of seven days between May and September due to budget cuts and will furlough more than 9,000 employees on those days.
The National Conference on Public Employee Retirement Systems' leadership did make the decision to hold their 2013 annual conference at a luxury resort in Hawaii before the financial crisis struck, hammering public pension funds' investments and leaving them with a funding gap of at least $770 billion.
SAN FRANCISCO, Feb 22- California's largest greenhouse gas-emitting businesses paid $13.62 per metric tonne for the right to release carbon, narrowly beating market expectations in the state's second carbon permit auction.
SAN FRANCISCO, Feb 13- Texas Governor Rick Perry's latest sales pitch to California businesses boils down to four words: Texas is no California.
SAN FRANCISCO, Feb 13- Texas Governor Rick Perry's latest sales pitch to California businesses boils down to four words: Texas is no California.
WASHINGTON, Feb 8- The state of California will likely sell $7 billion of general obligation bonds this year in two parts, with the first half of the sale in a few months, Treasurer Bill Lockyer told Reuters TV on Friday. California will return to the market in the fall, he added.
WASHINGTON, Feb 8- The state of California will likely sell $7 billion of general obligation bonds this year in two parts, with the first half of the sale in a few months, Treasurer Bill Lockyer told Reuters TV on Friday. California will return to the market in the fall, he added.
SAN FRANCISCO, Jan 29- California's governor is betting the wealthy will grow wealthier still to help right his state's finances, a wager that is expected to help the budget in the short term, but leaves it at risk of a revenue slump if assets such as stocks lose value.
*Brown turning his attention to education funding reforms. SACRAMENTO, Calif., Jan 24- Governor Jerry Brown, hailing what he described as a hard-fought rebound in California's fortunes, used his annual State of the State address on Thursday to urge fiscal discipline to avoid a return to budget deficits and cycles of "boom and bust."