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California’s outdated method of budgeting needs a retooling
Lawrence J. McQuillan and Matthew C. Piccolo, The Examiner
Oct 29, 2007 6:00 AM (785 days ago)SAN FRANCISCO

According to Gov. Arnold Schwarzenegger, California’s new $146 billion state budget will have no operating deficit. But there are serious questions about the reliability of the numbers because California, unlike other states, does not require dynamic revenue analysis, contrary to the wishes of many state Democrats.

http://www.examiner.com/a-1015931~California_s_outdated_meth od_of_budgeting_needs_a_retooling.html

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