California's state government revenues pose an unprecedented challenge. With personal income tax revenue shrouded in uncertainty due to IRS deadline extensions, budget writers lack crucial data. October revenue totals were $24 billion below predictions, but the full picture remains elusive. As the state heads into budget season, complexities abound, leaving legislators facing a daunting task in crafting a budget come January.
Learn more: https://www.sheehystrategygroup.com/news/2023/11/13/fall-2023-state-budget-update
#cabudget #cagov #caleg
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