Tax Revenue for State Falls Short
Tax Revenue for State Falls Short
Tax revenue for the State of California has fallen short of the estimates need in the month of March. Jacob Roper of the State Controllers Office says the revenue came in $233-Million below estimates. Roper said the Governor wanted a…
Tax revenue for the State of California has fallen short of the estimates need in the month of March. Jacob Roper of the State Controllers Office says the revenue came in $233-Million below estimates. Roper said the Governor wanted a monthly projection of the revenue received by the Controllers office during the budget year. Roper says the next several months may make up the difference.
Roper says corporate taxes were $125-Million lower than projected and sales taxes were $25-Million lower than expected. The cash deficit from last year at $8-Billion combined with the current deficit put the total at $21.5 Billion.
More from Community News
Nevada City Man and Father Sentenced For Illegal Gold Mining
A Nevada City father and son were sentenced to jail and hefty fines for illegal gold mining and environmental damage along Keystone Creek.
12th Annual Howl-O-Ween Downtown Grass Valley
Grass Valley’s 12th annual Howl-O-Ween Dog Mob parade returns this Sunday at 3 p.m., inviting costumed pups and owners to join the downtown festivities for a howling good time.
Senior Firewood Program Getting Boost From Grass Valley
Grass Valley is repurposing wildfire fuel into firewood for local seniors and timber for small businesses, turning fire prevention efforts into a valuable community resource.