Gov. Jerry Brown's budget proposal estimates that California owes about $355 billion in debts and unfunded liabilities for benefits promised to former and current state employees. The chart below summarizes the debts and liabilities, as estimated by the Department of Finance:
SAN FRANCISCO (AP) - How's this for an employee perk? Google workers commuting from San Francisco to the company's Silicon Valley campus can now make part of the trek on an 83-foot, Wi-Fi-equipped catamaran.
Stockton (AP) - Gov. Jerry Brown's budget for the coming fiscal year includes several proposals to help comply with a federal court order requiring the state to reduce prison overcrowding by mid-April to improve medical and mental health care for inmates.
SACRAMENTO (AP) - Gov. Jerry Brown said he would meet Thursday with his recently formed drought task force to determine if an emergency declaration is necessary as California faces a serious water shortage.
SACRAMENTO (AP) - A robust economic recovery and surging revenue propelled by voter-approved tax increases have sent California's general fund spending to a record high, marking a dramatic turn-around from the state's days as the nation's poster child of fiscal dysfunction.
SAN FRANCISCO (AP) - Opponents of a new California law that spells out the rights of transgender students in public schools have cleared the next hurdle in their effort to repeal the law at the ballot box, state elections officials said Wednesday.
SACRAMENTO (AP) - California will have no choice but to move 4,000 more inmates to private prisons in other states if federal judges refuse to postpone a court-ordered population cap, state Corrections Secretary Jeffrey Beard said Wednesday.
EUREKA (AP) - A man charged with murder in the death of a California priest in a church rectory beat him with a wooden stake and rusty metal pipe then made two unsuccessful attempts to set the body and building on fire, police said in a court document obtained Wednesday.
SACRAMENTO (AP) - San Jose Mayor Chuck Reed and four other California mayors were cleared Tuesday to start gathering signatures to get their proposed statewide pension reform initiative on voter ballots in November.
SACRAMENTO (AP) - Gov. Jerry Brown's budget for the coming fiscal year calls for an 8.5 percent increase in general fund spending coupled with a dedication to pay down the state's debt by more than $11 billion, according to a copy of the document obtained late Wednesday by The Sacramento Bee.