Legislature’s budget analyst paints grim picture as spending continues to outpace revenues, creating operating deficits.

California's legislative analyst warns that big deficits could return in Hollywood with Donald Trump back in the White House.

Several state employee contracts expire in 2025, which means negotiations over compensation and benefits will begin in the ...

The nonpartisan Legislative Analyst’s Office projects a $2 billion shortfall for 2025-26, but says the state can’t afford big ...

After clearing up a $47 billion budget deficit earlier this year, California may not be out of trouble just yet.

Bay Area tech giants’ historic stock market run this year has one colossal beneficiary: California’s government. The ...

Despite surging state revenues so far bringing in $7 billion more than expected this year, Legislative Analyst Gabe Petek ...

“California is the highest-tax state in the country, yet we are still facing multi-billion-dollar deficits well into the ...

The rally in technology stocks has created so much wealth in California that it has helped the state fill its coffers.

As a result of implementing the Master Plan for Aging, California has made significant strides, with record budget ...

While the analyst called the anticipated budget 'in fair condition,' he expects large deficits in the following fiscal years.

“We need to show restraint with this year’s budget, because California must be prepared for any challenges, including ones from Washington,” Rivas said. “It’s not a moment for expanding programs, but ...