California Cash Already Below Budget Estimates

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The San Francisco Business Times reports California’s cash coming in below guesses

California’s controller said the state’s general fund revenue in August was $237 million below estimates made in the 2009-2010 budget.
That’s 3.6 percent lower than estimates in the recently amended budget act, said John Chiang in his office’s monthly report.
Chiang said his office’s “stress-testing” of [...]