Gov. Jerry Brown signed a state spending plan for the coming fiscal year Thursday that makes budget-busting deficits a distant memory, funnels billions of additional dollars to K-12 schools and begins restoring social service programs that were cut during the recession.
Bowing to public pressure, California State University trustees are backing off a policy giving 10 percent raises to campus presidents, but there's a catch: They'll ask campus nonprofit groups to pick up the tab.
Proponents of a millionaire's tax said Monday they would immediately begin collecting signatures for a November ballot initiative to raise income taxes on California's wealthiest residents, even as Gov. Jerry Brown and another group push their own tax-hike campaigns.
Gov. Jerry Brown unveiled details of his pension proposal Thursday that seeks to move new California state workers to a hybrid system where guaranteed benefits are combined with a 401(k)-style plan and would raise the retirement age from 55 to 67 for civil workers, as union leaders lined up to oppose his plans.
Gov. Jerry Brown on Thursday signed a rare on-time budget a day before the start of California's fiscal year, a package that is a combination of spending cuts, fee hikes and the promise of higher tax revenue that might never materialize.