finance

Government & Politics
5:30 pm
Wed May 14, 2014

Audit Gives Cautious Outlook For City Of Fresno; Warns Of Possible 'Perfect Storm'

Fresno City Hall (file photo)
Credit Joe Moore / Valley Public Radio

With a budget that's absorbed more than $100 million in cuts since 2009, the City of Fresno's finances are improving.  But major concerns remain, including a possible "perfect storm" that could threaten the city's financial future.  That's the message contained in a draft of the city's 2013 audited financial report, which the council will review on Thursday. 

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Government & Politics
12:28 pm
Mon August 12, 2013

July Revenues Fall Short of Califiornia Budget Projections

Credit Valley Public Radio

California revenues are off to a slow start in the new budget year.

The state controller’s office says they came in six percent below projections for the month of July.  Disappointing personal income tax proceeds offset slight gains in sales and corporate tax revenues.

Governor Jerry Brown convinced lawmakers to use his more conservative projections in this year’s budget.  Democratic leaders had pushed for more optimistic estimates.

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Government & Politics
6:07 pm
Tue April 16, 2013

Pay Day Lending Battle Continues In California

Credit Valley Public Radio

A bill being heard in the California Senate Banking Committee Wednesday would limit the number of payday loans consumers could take out and give them longer to pay the loans back. Katie Orr reports from Sacramento.

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