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February 2014 Cash Report Summary Analysis

February 10, 2014

Total revenues in January 2014 were $387.7 million more than expected in the 2014-15 Governor's Budget.Bottom Line: What the Numbers Mean

California entered the new calendar year with generally good financial news. Total revenues beat estimates for January by $388 million, or 3.3%, even though projections were recently revised upward as part of the Governor's 2014-15 Budget submitted early this year. Overall spending was less than expected. Read more and see detailed receipts and disbursements.

Guest Column: California’s Housing Market Hitting Its Stride

The past year has been a remarkable one for the California housing market. In its fifth year of recovery, demand for housing has been so strong and prices have risen so rapidly that questions were raised as to whether this might be the start of another “bubble.” That isn’t likely. Read more of Leslie Appleton-Young's column.

California Economic Snapshot

See recent statistics regarding California new car registrations, the median home price, single-family home sales and employment. Read snapshot numbers.

Learn About Taxes, Spending on Updated State Finances 101

Controller John Chiang has updated his State Finances 101 pages, which offer information on which taxes are collected and how they are spent to pay for programs at the state and local levels. Read more in English and Spanish.