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

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

Gavin Newsom, a Democrat, asked the state legislature for an additional $25 million to combat any legal tiffs he expects to ...

It is not too soon for members of either administration to begin preparing for what may be coming. But the notion is silly ...

California, once celebrated as a hub of education excellence, innovation and progressivism, is now at the epicenter of a ...

To deal with a budget deficit and a sizable enrollment drop, the schools will close at the end of the 2024-25 academic year.

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

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

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

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

The state's legislative analyst warns that big deficits could return with Donald Trump back in the White House The post ...