History will — or at least should — see a $165 billion error in revenue estimates as one of California’s most boneheaded ...

The California Legislature kicked off a special session Monday with two bills aimed at preparing the state for future ...

Oakland, California, had its credit rating cut two levels by Fitch Ratings, which cited the challenge of plugging budget gaps ...

California Democratic legislature is meeting again for a special session, this time, to prepare $25 million for legal battles ...

"There’s really no capacity for new commitments because we do estimate there to be these pretty significant operating ...

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

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 ...

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

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

California Gov. Gavin Newsom and state lawmakers returned to the state Capitol on Monday to begin a special session to ...

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