High Risk : The California State Auditor Has Designated The State Budget As A High-Risk Area

Author: Elaine M. Howle
Publisher: DIANE Publishing Inc.
Keywords: risk, state, area, budget, auditor, california, designated
Number of Pages: 46
Published: 2009-05
ISBN-10: 1437913393
ISBN-13: 9781437913392

Book Description:

The record-breaking delays in passing Californiażs FY 2008-09 budget, the need for subsequent special sessions focused on the budget, and the multibillion dollar budget gap lawmakers are attempting to close highlight the potential for the Stateżs budget process and condition to add significant roadblocks to the tasks of managing and improving state and local govżt. In analyzing budget deficits and surpluses during the last 20 years, all measures pointed to the same conclusion -- CA has experienced ongoing deficits that greatly outweigh any surpluses. Nearly half of the amounts related to the budget solutions have only pushed the problem into the future. Also identifies factors that make it difficult for decision makers to reverse this course. Illustrations.

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