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A couple of key elements were submerged in the governor’s budget revision that was released this week. No. 1: Revenues are up and up by a significant $4.6 billion. The financial staff’s response was that expenses grew faster than the additional revenues—who is managing the outfit? No. 2: The expectation of most politicians that time […]

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CalMatters is a Sacramento-based nonpartisan, nonprofit journalism venture committed to explaining how California's state Capitol works and why it matters. It works with more than 130 media partners throughout the state that have long, deep relationships with their local audiences, including Embarcadero Media.