Orange County Board Approves Annual Budget

Published on June 27, 2024

SANTA ANA, Calif.—Orange County supervisors June 25 approved the proposed $9.5 billion budget for the 2024-25 fiscal year, a slight increase from the current year’s $9.3 billion spending plan. The general fund budget, the more flexible part of the spending plan, is $4.8 billion, down from last year’s $4.9 billion. The rest of the money in the budget is generally restricted by law, giving county officials little ability to change its use. Orange County CEO Frank Kim told the supervisors June 11 it was likely there would be minimal adjustments based on the state’s budget, which affects how much revenue the county receives....

Continue reading on website
Other news

Students Who Paid to Enroll in ICE’s Fake University May Sue for Refund, Court Rules

June 27, 2024
Hundreds of foreign nationals who enrolled in a fake university created by federal immigration agents as part of a sting operation may sue to recover the funds, a federal court ruled June 25.The unanimous ruling by a three-judge panel of the U.S. Court of Appeals for the Federal Circuit revives a class action lawsuit centered around “the University of Farmington,” a fictitious institution that U.S

Australia to Lift Official Cash Rate to 4.6 Percent: Deutsche Bank

June 27, 2024
One of the largest banks in Europe is predicting Australia’s official cash rate to rise significantly in the next two months.Following the latest monthly inflation figures, a number of financial institutions and economists have revised their forecasts for the cash rate due to increasing uncertainty in the Australian economy’s ability to rein inflation.The monthly consumer price index (CPI) climbed