Tag: LAO

After Years of Growth, State Budget Tanks

And just like that, California is in an economic recession. But not just any recession. According to Governor Newsom’s Department of Finance, since mid-March, more...

Legislative Analyst Takes First Look at Coronavirus Impact on State Budget

Economic uncertainty due to the coronavirus (COVID-19) pandemic will create logistical and financial challenges for the state budget, the state Legislative Analyst commented this...