http://pleasantonweekly.com/square/print/2009/03/14/depth-of-the-california-budget-shortfall-and-its-effect-on-us


Town Square

Depth of the California Budget Shortfall And Its Effect On Us

Original post made by frank, Pleasanton Heights, on Mar 14, 2009

As each day passes and tax collections continue to nosedive, the new announcements of state governmental budget shortfalls only make more obvious the excessive expenditure orgy our elected and hired governmental officials engaged in during the period that the state reaped windfalls of revenue from bubbles of tax collections due to our faulty taxing laws. This period of windfalls stretches back to pre-2000 and the subsequent stock bubble that burst in 2000.

This story contains 362 words.

If you are a paid subscriber, check to make sure you have logged in. Otherwise our system cannot recognize you as having full free access to our site.

If you are a paid print subscriber and haven't yet set up an online account, click here to get your online account activated.

Comments

Like this comment
Posted by Concerned
a resident of Another Pleasanton neighborhood
on Mar 15, 2009 at 11:00 am

I have been the Casandra for the past year and things are even worse than I thought. NO on Parcel Tax. Cut pensions and retiree medical benefits for public sector employees along with pay.