Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
5 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Does California really have a $25 billion deficit? (Original Post) question everything Nov 2022 OP
Is there a source for this or mahina Nov 2022 #1
CalMatters. Don't know its affiliation question everything Nov 2022 #2
info on calMatters msongs Nov 2022 #3
Thanks. Not a Fox wannabe question everything Nov 2022 #4
No, this is not a Crisis ....CA has had years of Budget Surplus ...this happens...there are reserves Bread and Circuses Nov 2022 #5

Bread and Circuses

(170 posts)
5. No, this is not a Crisis ....CA has had years of Budget Surplus ...this happens...there are reserves
Mon Nov 21, 2022, 11:24 PM
Nov 2022

CA Has $37.2 billion in budgetary reserves and 93 percent of the discretionary surplus allocated for one-time projects as of June 2022


The 2022-23 Governor's Budget proposes spending of $286.4 billion in total state funds, consisting of approximately $213.1 billion from the General Fund, $65.3 billion from special funds, and $8 billion from bond funds

So, there was a CA budget deficit in 2010 and they made adjustments. They will do it again.

Latest Discussions»Region Forums»California»Does California really ha...