Posts Tagged ‘Governor Jerry Brown’

Ca State Budget In The Brown, Will Run Out Of Cash By March

February 1, 2012

California will run out of cash by early March if the state does not take swift action to find $3.3 billion through payment delays and borrowing, according to a letter state Controller John Chiang sent to state lawmakers today.

The announcement is surprising since lawmakers previously believed the state had enough cash to last through the fiscal year that ends in June.

But Chiang said additional cash management solutions are needed because state tax revenues are $2.6 billion less than what Gov. Jerry Brown  and state lawmakers assumed in their optimistic budget last year. Meanwhile, Chiang said, the state is spending $2.6 billion more than state leaders planned on.

California to run out of cash by March.. Once Brown was elected. we get what we deserve.

Governor Moonbeam Sees The Light, Ca State Pensions Unsustainable

October 27, 2011

Reporting from Sacramento — Gov. Jerry Brown will unveil a 12-point plan to overhaul California’s strained public retirement system Thursday, proposing benefits for new state workers that combine elements of traditional guaranteed pensions with a 401(k)-style savings plan, according
to people briefed on the matter.

Brown will also propose raising the age at which most new state employees can get full benefits, from 55 to 67.

Details of the governor’s plan were provided by labor leaders who received an outline of the proposal from him late Wednesday. They spoke on condition of anonymity because Brown asked them not to reveal details to the media.

Brown, who has said the state can no longer afford its current pension system. For example, Brown will ask legislators to take steps to end “spiking” — giving workers pre-retirement raises to boost their pensions.He also wants to prohibit retroactive pension increases and eliminate “air time” — employees’ ability to buy credits for years they have not worked.

Governor Moonbeam sees the light..

Ca Governor Brown Wants To Disconnect Half Of State Employee Cell Phones, Can You Hear Us Now?

January 12, 2011

Alarmed at discovering that the state pays for 96,000 cellphones, Gov. Jerry Brown issued an executive order Tuesday seeking to cut in half the number of devices being billed to taxpayers.

Requiring 48,000 cellphones to be turned in by June 1 will save the state about $20 million a year.

“It is difficult for me to believe that 40% of all state employees must be equipped with taxpayer-funded cellphones,” Brown said. “Some state employees, including department and agency executives who are required to be in touch 24 hours a day and seven days a week, may need cellphones, but the current number of phones out there is astounding.”

Jerry Brown astounded by spending. Wonder if he hears us now.