September 23, 2008
Dwindling reserve?
A new state budget that Gov. Arnold Schwarzenegger plans to sign Tuesday, ending a record 85-day deadlock, has a skimpy reserve that is already under attack.
The general fund that pays for most programs spends $104.3 billion in the new fiscal year that began July 1. It's backed by a reserve of $800 million, which approaches a record of another kind — smallest amount set aside, proportionately, for unexpected costs.
A court-appointed receiver placed in charge of health care in the state's troubled prison system said today that he will suggest that a federal court compel the state to spend $250 million on a stalled improvement program…
LINK - SignonSanDiego.com (San Diego Union-Tribune)
