But even as the rain clouds appear sparse, there may be a silver lining for the backers of a major ballot measure: Experts say the grim outlook could spur voters to approve a multibillion-dollar bond facing voters in November 2014. It could bring to reality the need to borrow money and resolve some of the state’s water issues. (Photo: Lower American River, USFWS)
Property theft in California increased in the first year of correctional realignment, according to a new report by the nonpartisan Public Policy Institute of California highlighting the policy’s possible effect on future crime rates. Under realignment, the state shifted responsibilities to the counties — including the incarceration of some state prisoners — and gave them money to cover the costs.
Buoyed by a soaring stock market and rising home prices, personal income tax receipts are flowing into the state treasury at a rate exceeding all expectations. But one big question looms as lawmakers and the governor consider how to spend the government’s new found riches: what will happen when the music stops?