Orange County Breeze
News of Northwest Orange County, CA




 
Posts Tagged ‘Government budget’
 

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Government

July 2013 state revenues below budget estimate

Posted August 12, 2013 by courtesy

The following information was released by California State Controller John Chiang. State Controller John Chiang today released his monthly report covering California’s cash balance, receipts and disbursements in July 2013, the first month of the State’s fiscal year. Revenues for the month totaled $4.8 billion, coming in below estimates contained in the state budget by […]

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Calendar

La Palma to hold early budget workshop in light of sales tax revenue loss

Posted March 9, 2013 by courtesy

The following information was released by the City of La Palma. The public is welcomed to a La Palma City Council work session Monday evening on plans for next year’s City budget. The meeting will be held at 7 p.m. in the City Council Chambers of City Hall at 7822 Walker St. in La Palma. […]

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Editorial

[Updated] About Proposition 30 and the report on November California state revenues

Posted December 8, 2012 by shelley

California State Controller John Chiang recently released a report on revenues collected by the State of California for the month of November 2012. Revenue was dramatically below projections in the 2012-2013 state budget as proposed by Governor Jerry Brown and approved by the California State Legislature. A bunch of folks immediately started hollering that this […]

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Government

California state revenues 10.8% below budget projections in November

Posted December 7, 2012 by courtesy

The following information was released by the California Controller. State Controller John Chiang today released his monthly report covering California’s cash balance, receipts and disbursements in November 2012, showing total revenues were $806.8 million below (-10.8 percent) projections contained in the 2012-13 State budget. “November’s disappointing revenues stand in stark contrast to recent news that […]

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Editorial

Room with a View: A sudden rosy glow to the state budget outlook

Posted November 15, 2012 by shelley

The non-partisan California Legislative Analyst’s Office finds itself in unfamiliar waters with the release of its 18th annual edition of the State’s Fiscal Outlook. The outlook for the State budget isn’t a complete disaster. Here is a summary of the report: (Emphasis added.) Arriving at multibillion-dollar operating surpluses is not a lock. First, steady economic […]

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Government

California revenues year-to-date 2.2% below budget projections

Posted October 11, 2012 by courtesy

The following information was released by California State Controller John Chiang. Emphasis has been added. State Controller John Chiang today released his monthly report covering California’s cash balance, receipts and disbursements in September 2012, showing that total revenues were $162.5 million below (2.2 percent) projections contained in the 2012-13 State budget. “September’s numbers narrowly missed […]

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Editorial

California state budget melts down along with Facebook stock valuation

Posted September 3, 2012 by shelley

Earlier this year when proposing his budget for 2012-2013, California Governor Jerry Brown assumed that the State of California would reap $2.5 billion in capital gains taxes from Facebook’s initial public stock offering. Things did not go as planned for Facebook. Here is the Wall Street Journal on the body blow to the State budget: […]

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Calendar

California state revenues miss budget projection for July

Posted August 13, 2012 by cehwiedel

The following information was released by California State Controller John Chiang. State Controller John Chiang today released his monthly report covering California’s cash balance, receipts and disbursements in July 2012, showing that total revenues were $475 million below projections contained in the 2012-13 state budget. “Revenue collections were disappointing for the month of July,” said […]

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Cypress School District headquarters
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School

Cypress School Board receives report on mid-year state budget cuts

Posted February 18, 2012 by courtesy

At its regular meeting on Feb. 9, the Cypress School District Board of Trustees handled a variety of items, from a student presentation on intervention to a sobering report on the state budget. The following description of the Board’s activities was released by the Cypress School District. Presentation by students from Vessels School Students shared […]

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Government

California State Controller reports good news: higher than expected November revenues

Posted December 8, 2011 by courtesy

State Controller John Chiang today released his monthly report covering California’s cash balance, receipts and disbursements in November, showing monthly revenues came in $497.7 million above projections in the state budget. “While November’s totals came in 9 percent above projections, they did not erase the fact that we are still running $1 billion behind in […]

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Government

State revenue fails to meet rosy budget projections in July

Posted August 10, 2011 by shelley

News that state revenue in July failed to meet rosy budget projections may not surprise anyone outside of Sacramento, including students attending our own Cypress College. Community colleges like Cypress face another tuition hike if the state fails to bring in at least $3 billion of the $4 billion in higher revenue by December 15. […]

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Community

Majority-vote state budget hits schools, redevelopment agencies

Posted June 16, 2011 by shelley

Yesterday, on a majority vote and for only the second time in twenty-years, the Democrat-led California legislature approved a state budget. Cities and schools will feel further pain, mostly from accounting gimmicks that juggle state payment obligations at their expense. Those gimmicks bridge the last $9.6 billion gap to get to a balanced budget, instead […]

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