California’s budget is so convoluted that even experts are perplexed at what it contains
The process has become opaque, and the budget itself is a hodgepodge of phantom revenues, accounting gimmicks and off-the-books loans.
The process has become opaque, and the budget itself is a hodgepodge of phantom revenues, accounting gimmicks and off-the-books loans.
Original reporting: CalMatters.
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