California Cities, Counties Bracing for Impact of State’s Record Budget Deficit

With the state facing a $68 billion budget deficit, local governments are preparing to re-evaluate spending anticipating funding cuts from state agencies.  Part of the issue is expected tax revenue was far less than anticipated, which could deepen the deficit to $155 billion by 2025, the state’s Legislative Analyst reported earlier this month. Facing back-to-back years of a deficit, spending cuts are expected statewide.  Exactly what the repercussions of such will be, no one is sure right now.  “Until we see the numbers put forward by the governor in January, it’s difficult to project the impact to counties,” Rachel Serrao,  public affairs manager for the California State Association of Counties, told The Epoch Times Dec. 22. ...