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

Nvidia, Apple, Google and Meta deliver billions of dollars in taxes to California. The state is grateful for this year's wild ...

Newsom will propose a 2025-26 budget in January, but no matter what he and the Legislature decide, the structural budget ...

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

The legislative analyst projects a $2 billion California budget deficit for 2025-26, but says the state can’t afford big new ...

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

The nonpartisan Legislative Analyst warns government spending could expand California's small budget deficit over the next ...

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

With tax revenue from high-earning Californians rebounding in recent months, the Legislature’s nonpartisan fiscal adviser ...

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

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