John Chiang

Lawmakers voted Thursday to increase the state's ability to borrow from dedicated funds to cover day-to-day expenses, part of a strategy to keep California from falling into the red. If Gov. Jerry Brown signs the bill, it is expected to......

California budget in trouble again as tax revenues lag. California continues to have trouble with cash for budget because income tax payments are below expectations....

California got another bump from Standard & Poor’s on Tuesday as the rating agency upgraded the state’s financial outlook from “stable” to “positive.”...

California Controller John Chiang is best known as the Grim Reaper of financial news, docking lawmakers' pay during last year's budget dispute and sounding alarms about the state’s cash crunch. But on Wednesday, he joined state lawmakers, labor...

California issued more tax refunds than expected in February, the likely reason that revenues fell $146 million short of estimates, the state controller said Monday. Controller John Chiang said, however, that the state should be able to pay its bills........

"There is reason to believe that the City's ability to provide reliable and accurate financial information relating to the required financial reports is questionable," Controller John Chiang said in a letter sent today to Stockton City Manager Bob Dias......

While California’s bean counters await crucial results from April tax receipts, state Controller John Chiang said Tuesday that March revenue dipped 4.2% below estimates in the governor’s budget proposal....

You know the feeling you get when you find a dollar in your pocket you'd forgotten about? Or when that $20 bill is left on the ground and there's no one in sight it could belong to - ultimately making you its keeper? That feeling is the same way some...

With state tax revenues falling short of projections and looming mid-year cuts to education being triggered in 2012, local educators are not predicting the end of the world. At least that’s not the response given by some superintendents and...

Consider this: You pay your taxes, you go to work, you are both accountable and responsible, a contributing member of society. When you go to the doctor, you pay — some from insurance, some from your pocket — and you wait, sometimes hours in...

Federal prosecutors and the FBI have launched an investigation into potential misuse of funds and fraud involving federal housing money in the troubled city of Montebello, adding to the growing list of agencies looking into the city's stewardship of...

Gov. Jerry Brown said Monday he was abandoning hopes of striking a bipartisan budget deal on taxes and instead would push through a spending plan solely with the support of Democratic lawmakers. The new plan, which Brown unveiled in a joint news...