A man shielded against the rain looks across L.A. from the Hollywood Hills. (Photo: Shutterstock)Despite the torrential rains of the last few weeks, experts say it’s too early to tell whether California’s interminable drought is really over. It will be necessary to monitor rainfall through at least March to make an assessment.
Gov. Jerry Brown at a Capitol briefing last year on his revised state budget. Photo: Rich Pedroncelli/APOPINION: Californians can breathe a sigh of relief. When proponents of a 2016 ballot proposal to extend Proposition 30’s tax rates on wealthy Californians amended their measure this week, they did something that was both politically smart and fiscally sound: They eliminated a provision the governor a few days ago called the measure’s “fatal flaw”, that would have exempted this proposed new revenue from the state’s Rainy Day Fund.
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)California’s economy may not be booming, but it is definitely on the mend. The Bay Area is churning out high-tech profits and high-wage jobs. In other parts of the state, unemployment is inching down toward full-employment levels. And as always when California’s economy improves, tax revenues are soaring. With an income tax system highly dependent on the wealthy and their investment income, the state treasury typically sees a windfall whenever times are good.
Full funding of the troubled California State Teachers Retirement System has been approved by the Legislature, with most of the additional $5 billion coming from school districts that get no offsetting money from the state.
A view of the California drought from Marine One during President Obama's visit earlier this year. (Photo: White House)OPINION: There is an Armenian proverb: “On a rainy day many offer to water the chickens.” And in a very dry year there are many who want to follow the call to tear out their lawns. The call is coming from the Department of Water Resources and others for urban homeowners to start tearing out their lawns, with financial incentives for doing so.
State Capitol, Sacramento. (Photo: David Monniaux)Californians give Governor Jerry Brown a record-high job approval rating and his budget proposal strong bipartisan support, according to a statewide survey released today by the Public Policy Institute of California (PPIC), with funding from The James Irvine Foundation. The state legislature’s approval rating is a near-record 42 percent among adults and is at 33 percent among likely voters. Both ratings are similar to December. Asked to rate the job performance of their own state legislators, 48 percent of adults and 45 percent of likely voters approve. (Photo: David Monniaux)