CA Controller Reports February State Revenues Short of Budget Forecasts

SACRAMENTO — California’s total revenues of $5.51 billion in February were lower than forecasted in the governor’s proposed 2019-20 fiscal year budget by $1.34 billion, or 19.5 percent, and in the FY 2018-19 Budget Act by $2.01 billion, or 26.7 percent, State Controller Betty T. Yee reported today. Two-thirds of the way through FY 2018-19, … Continue reading CA Controller Reports February State Revenues Short of Budget Forecasts