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California’s Budget: Another Fine Mess

California’s Budget: Another Fine Mess. Hard Times All Over. Counties have already laid off 5,500 county employees, not counting furloughs and pay cuts -Stanislaus: $42 million shortfall (12% cut) -Merced: 89 employees lost their jobs -Tulare: 55 jobs in Child Welfare Services

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California’s Budget: Another Fine Mess

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  1. California’s Budget:Another Fine Mess

  2. Hard Times All Over • Counties have already laid off 5,500 county employees, not counting furloughs and pay cuts • -Stanislaus: $42 million shortfall (12% cut) • -Merced: 89 employees lost their jobs • -Tulare: 55 jobs in Child Welfare Services • -Alameda: cut 285 positions, 100 in Sheriff’s office - $178 million shortfall • -Orange: 50 positions cut from Sheriff’s Dept. • -Sacramento: laid off 800 positions countywide • -Contra Costa: cut more than $150 million since May

  3. Available Cash at Low Point with $10.5 billion RAN Available Cash at Low Point without RAN

  4. California GF Receipts – Estimates and Actuals Total GF Total GF PIT PIT SUT Corp. Tax

  5. California General Fund Receipts

  6. California General Fund Disbursements

  7. Revenue Minus Expense Year-End Balance

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