Posts Tagged: Brown

An idealist’s heart: Brown on poverty, politics and the budget

Gov. Brown on Jan. 9 in the state Capitol as he unveiled his 2015-16 draft budget. Brown's budget includes the newly approved "rainy day fund."(Photo: AP/Rich Pedroncelli)

by ANTHONY YORK posted 01.11.2015

During his press conference outlining his new $164.7 billion state spending plan, Gov. Jerry Brown made extensive remarks about Californians living in poverty, and the challenges the state faces in dealing with those who continue to struggle economically. As California’s economy has recovered, statistics show nearly 25% of the state still lives in serious economic stress.

Brown targets education, cap-and-trade money

Gov. Brown and aides head to a Capitol briefing on his latest state budget. (Photo: AP/Rich Pedroncelli)

by JOHN HOWARD posted 01.09.2015

Jerry Brown kept the purse strings tight on the University of California, but proposed an $8 billion boost for public education and wants to spend $1 billion of cap-and-trade auction money on high-speed rail. transit and related projects. In the first budget of his last term in office, the Democratic governor offered a $164 billion spending plan — $113 billion of it in the General Fund, the state’s coffer of sales, income and business taxes — for the 2015-16 fiscal year that begins July 1.

For the new plan the state this fiscal year is paying $63.2 million (24.6 percent of pay) for the pensions of 1,407 judges (1,352 active). Judges Retirement System II is 95 percent funded with a debt or “unfunded liability” of $41.2 million.

2014: A look back at key stories

UC Davis students protest occupy Mrak Hall to protest tuition increases. (Photo:: Sacramento Bee, via Associated Press)

by JOHN HOWARD posted 12.30.2014

Californians started 2014 the way they ended the previous year – parched by drought, hoping for an improved economy, outraged at Capitol corruption scandals and, finally, looking some relief at the fuel pump. Compared with the drought, the rest of the top stories of 2014 seemed almost trivial. Almost, but not quite.

Legislative legacy: Big bucks for retirees’ health care

Cannery Row workers of the 1950s depicted in an artistic cutout. (Photo: Mr. Interior/Shutterstock)

by ED MENDEL posted 12.22.2014

The debt or “unfunded liability” state Controller John Chiang reported last week for state worker retiree health care, $72 billion, is larger than the unfunded liability for state worker pensions reported by CalPERS in April, $50 billion. It’s a legislative legacy, a debt for state worker services received by one generation that lawmakers decided to let the next generations inherit.

UC boots deadlines to disclose spending

Students at UC Berkeley walk for their diplomas during graduation ceremonies. (Photo: Richard Thornton)

by SAMANTHA GALLEGOS posted 12.16.2014

Missing its own deadline last week, the University of California is now more than two months behind in disclosing to the state Legislature and the Department of Finance details of its expenses. The 10-campus university system first failed to meet an Oct. 1 deadline. It then submitted a seven-page preliminary account on Oct. 31 while requesting an additional six weeks to complete a final report. Those six weeks expired on Dec. 11.

Historic moment for Black, Asian caucuses

Sen. Holly Mitchell, D-Los Angeles, second from right, former chair of the Legislative Black Caucus, speaks at a 2013 Capitol ceremony. Others include Assemblyman Reginald Jones-Sawyer, D-Los Angeles, the new caucus chair, left; Nancy Skinner, D-Berkeley, and Roger Dickinson, D-Sacramento, right. (AP Photo/Rich Pedroncelli)

by SAMANTHA GALLEGOS posted 12.08.2014

California’s Legislature has reached a historic moment for diversity. Latinos are still wining seats in the Assembly and Senate as demographics shift favorably in their direction, but this election year brought a surge in California’s other ethnic caucuses. The number of members in the Black Legislative Caucus has reached a historic high, as has the Asian and Pacific Islander Legislative Caucus. The Latino Legislative Caucus fell by two members.

Money flows in plastic bag fight

A landfill strewn with plastic bags. (Photo: Picsfive, Shutterstock)

by DOROTHY MILLS-GREGG posted 12.05.2014

With California’s law banning plastic bags on hold, the plastic bag industry and its allies already are pouring money into California in hopes of overturning the law in a referendum two years down the road. Referendum proponents have until Dec. 29 to collect enough signatures to put the referendum before voters in November 2016.

The UC Board of Regents’ decision to increase tuition over the next five years brought a swift – and negative – reaction from Sacramento, signaling a fiscal showdown when the state budget is unveiled in January. “To UC students and their families, please know that the fight over this nearly 28% fee increase is not over,” said Assembly Speaker Toni Atkins.

Fiscal outlook brighter — but fingers crossed

Legislative Analyst Mac Taylor, the Legislature's nonpartisan fiscal adviser, unveils the latest budget projections. (Photo: AP/Rich Pedroncelli

by JOHN HOWARD posted 11.20.2014

California, long bedeviled by daunting budget deficits, is likely to end the next fiscal year with $4.2 billion in reserve, with half that amount due to a budget-reform measure that voters approved on Nov. 4, according to the Legislature’s nonpartisan financial adviser.