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  • CA: Reforms' savings may miss target

    08/05/2004 8:19:50 AM PDT · by NormsRevenge · 3 replies · 149+ views
    Mercury News ^ | 8/5/04 | Ann E. Marimow and Mark Gladstone
    byline - STATE'S GENERAL FUND TO GAIN LITTLE UNDER GOVERNOR'S PLAN SACRAMENTO - Gov. Arnold Schwarzenegger is touting his government reform package as a first step toward creating a more cost-conscious state bureaucracy that could save as much as $32 billion over five years. While that may sound like a lot of money, closer examination of the newly released recommendations shows that only about $11 billion of those five-year savings would come from the state's troubled general operating fund, which is now $79 billion a year and growing. That amounts to a small percent of the general fund -- hardly...