When the Legislature rushed through a criminal justice overhaul in 2024, no one had computed the price tag. Now, researchers predict the state's prison population could double by 2034, requiring an estimated $2 billion in new facilities.
Local leaders are testing new strategies to revive downtowns as office vacancies threaten tax bases.
Most jurisdictions don’t know how much they spend on fuel and electricity across the enterprise. Figuring it out is a prerequisite for managing volatile prices.
A bill to revive guaranteed retirement benefits now heads to the governor after years of debate.
Benefits have dropped sharply over the past decade as regulators adopt policies critics say favor employers and insurers.
Errors in grant programs are everywhere — but they don’t fall along party lines.
Changing federal priorities are forcing states to revise spending plans and rethink policy decisions across key programs.
The departure of a community’s major employer is about more than job losses. Finance managers need a fiscal strategy.
State officials estimate $174 billion is needed over the next 50 years as drought and demand strain supplies.
A new report finds the state depends more heavily on local property taxes than any other, shaping how public services are funded.
Agreements with three unions deliver major raises while raising new concerns about the district’s long-term financial stability.
Legal challenges, unclear rules and costly implementation leave counties uncertain when or if tax relief will take effect.
Few states measure the difference between taxes owed and paid, even as budget pressures mount.
Lawmakers are stockpiling bullion and exploring gold-backed debit cards as concerns about the dollar and federal debt grow.
Lawmakers are weighing whether to scale back or repeal a fast-growing incentive now costing billions in lost sales tax revenue.
Facing a major budget deficit, Karen Bass says the goal is no longer to grow the LAPD but to stop its continued decline.
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