Skip to content

The Fate of TPA Debated at the California Supreme Court

The Fate of TPA Debated at the California Supreme Court State Legislation, Taxes The California Supreme Court heard oral arguments on whether the Taxpayer Protection Act (TPA) should be on the November ballot. Ultimately, the Court will decide if California voters are sophisticated enough to vote on how they should be taxed.  Legal Updates Opponents,…

Read More

Navigating California’s Revised Budget: Implications for CRE 

Navigating California’s Revised Budget: Implications for CRE  State Legislation The Governor’s revised budget proposal aims to close the $27.6 billion budget shortfall for the current fiscal year and the projected $28.4 billion deficit for the next year.  What You Need to Know California’s revised budget proposal aims to close massive deficits, but the cost-cutting measures…

Read More

Anticipated State Budget Deficit Worsens

A new Legislative Analyst Office (LAO) report shows tax revenue falling well below projections. The agency projects a new California budget deficit of $78 billion.
The deficit will likely cause the state to dive into reserve funds and cut spending at a level not seen since the Great Recession.

Read More