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budget

Hope for California budget deal as 'IOUs' planned - Reuters

Reuters
SAN FRANCISCO, July 2 (Reuters) - Top California lawmakers raised hope on Thursday that an elusive budget deal could be at hand, as officials began issuing billions of dollars in "IOUs" to avoid a cash crisis on the second day of a new …
San Francisco Chronicle
San Jose Mercury News
Los Angeles Times
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Deja vu for ex-Gov. Davis as budget drama unfolds - San Francisco Chronicle

San Francisco Chronicle
The last time California issued IOUs, Gray Davis was the state controller who made the controversial call. It was 1992 and such a drastic step hadn't been taken since the Great Depression. Two years later, Davis was elected lieutenant governor and in …
San Jose Mercury News
Los Angeles Times
Wall Street Journal
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Cupertino council OKs budget that sets aside funds for state takeaways - San Jose Mercury News

San Jose Mercury News
The Cupertino City Council on June 16 unanimously approved a balanced budget for 2009-2010 that includes $915000 earmarked for pending state …

Budget magicians use sleight of hand to help close California's… - San Jose Mercury News

San Jose Mercury News
By Mike Zapler SACRAMENTO - The menu of options to close California's massive deficit is short and seemingly clear: Cut spending, raise taxes or borrow.
Sacramento Bee
New York Times
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County retirement payouts are one more toll on budget - San Jose Mercury News

San Jose Mercury News,  USA
A Sentinel review of county payroll records shows during the past six months retiring employees cashed out nearly $900000 in unused vacation, sick time and other leave. More than a third of that money went to four retirees, top managers who stepped …
San Jose Mercury News

San Jose council approves mayor's budget; imposes wage freeze and … - San Jose Mercury News

San Jose Mercury News,  USA
But the mayor and council rejected several unpopular cuts suggested by the city manager, including closing two underused fire stations; eliminating park rangers and mounted police; and reducing traffic enforcement, library hours and community centers. …
KGO-TV
KCBS
FoxReno.com
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Redwood City considers service cuts; budget budget includes 11 layoffs - San Jose Mercury News

San Jose Mercury News,  USA
In total, 11 city employees would lose their jobs and 14 vacant positions would be eliminated in City Manager Peter Ingram's proposed $82.6 million budget, including library staff, landscape gardeners and public works employees. …

San Mateo shaves $8M budget deficit in half with job, service cuts - San Jose Mercury News

San Jose Mercury News,  USA
Mayor Brandt Grotte and other council members urged residents to approve the measures, saying they were crucial to maintaining city services. "If these measures are not successful … shortly after November this city council will have to get back …
San Mateo Daily Journal
San Mateo Daily Journal

Mayor Bloomberg and Council Agree on Budget - New York Times

New York Times
By DAVID W. CHEN Pinched by a recession that has hit New York City's financial services hard, Mayor Michael R. Bloomberg and the City Council reached a deal Monday night on a $59.4 billion budget that would increase the sales tax by half a percentage …
Baltimore Sun
Gloucester Daily Times
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San Jose's budget deficit widens - San Jose Mercury News

San Jose Mercury News,  USA
Reed and five council members have proposed reversing the most drastic cuts proposed by the city manager, such as closing two fire stations, eliminating park rangers and mounted police, and reducing library hours and community centers. …
FoxReno.com
KCBS
1590 KLIV Silicon Valley News

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