[Batrachian]

Try this:

http://www.dof.ca.gov/HTML/Budgt03-04/BudgetSum03/03-04_BudSum.htm

[John Jorsett]

Read the section titled "California's Continuing Fiscal Challenge: An Opportunity for Change" and prepare to upchuck. It's a little commercial for the Davis administration and what a swell job it's doing to address the shortfall.

[hauerf]

After filtering out the horse manure ("Preserving Critical Programs", etc, etc, etc), I see that the bottom line of the Governor's Budget Summary is that the money is p---ed away.