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Report: California’s finances much improved


By tvgnus   Follow   Wed, 14 Nov 2012, 5:52am PST   153 views   0 comments
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http://www.centralvalleybusinesstimes.com/stories/001/?ID=22287

Budget surpluses seen soon •  This outlook differs dramatically from the severe operating deficits we have forecast over the past decade California's budget situation has improved sharply thanks to the state's economic recovery, prior budget cuts and the additional, temporary taxes provided by Proposition 30, says a new report Wednesday from the nonpartisan Legislative Analysts Office.

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