Monday, February 11, 2013

California gets unexpected $4.3 billion in January revenue

Sacramento Business Journal
Buoyed by much higher-than-expected personal income taxes, the state of California’s tax revenue for January came in $4.3 billion above estimates found in Gov. Jerry Brown’s 2013-14 state budget, Controller John Chiang said Friday while cautioning against undue exuberance in a state known for its “boom-or-bust cycles.”