Fiscal Analysts Predict Budget Surplus

An annual look ahead at California’s finances predicts a growing economy and budget surpluses.
The state’s non-partisan Legislative Analyst’s Office released its Fiscal Outlook for 2016-2017 Wednesday.
“The budget outlook is decidedly positive,” says Mac Taylor, the Legislative Analyst. “We have revenues growing slightly greater than spending. That means operating surplus grows, the reserve levels grow, and you’re still in a very good situation.” Read more.

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