Friday
May182012
Gov. Brown’s Budget Projection Could Be $1 Billion Off Target
Post a Comment
(LOS ANGELES) -- Gov. Jerry Brown’s budget projection could be $1 billion off target, the Legislative Analyst's Office announced Friday.
The Los Angeles Times reports that California’s deficit may be $1 billion larger than Brown’s $15.7-billion estimate.
The difference in estimates was attributed to “considerable uncertainty” in the money from defunct local redevelopment agencies, according to the analyst’s report.
Copyright 2012 ABC News Radio
Reader Comments