BWAH-HAHAHA!!! “Projected”!!
The last time CA had a Democratic governor, he was 5 months into the fiscal year before he ealized the state was running a 25+% deficit, and he saw “no way” to cut spending, so he was going to raise taxes to close the gap. That would have been a 33+% tax increase during a recession. He suffered Total Recall as a result. And now this loon “projects” a $1-$4B surplus? HE IS LYING. I “project” a deficit by the end of the FY.
Well geez, CA needs to raise taxes some more, then they will be perpetually rich.