Thursday, May 31, 2012 – 10:00 p.m.

Here’s some news of interesting flowing across transom Thursday evening.

Brown to cut $8 billion from state budget

California Governor Jerry Brown on Thursday indicated he will seek to cut $8 billion from the bloated state budget. It appears Brown will force the issue if legislators don’t agree.

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Thursday, May 31, 2012 – 09:30 p.m.

A Super-PAC friendly to County Supervisor Brad Mitzelfelt (R-Wrightwood) is taking aim at Paul Cook (R-Yucca Valley) in the contest to represent constituents in the 8th Congressional District.

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Thursday, May 31, 2012 – 09:30 a.m.

The stock price of social networking giant Facebook is still searching for a bottom Thursday.

The price fell below $27 this morning.

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Thursday, May 31, 2012 – 08:00 a.m.

The sign flap involving San Bernardino County Board of Supervisors candidate and Former San Manuel Band of Mission Indians Chairman James Ramos could have evolved out of another issue.

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Joe Nelson, Staff Writer
Posted: 05/30/2012 02:04:14 PM PDT

San Bernardino County stands to lose $60 million in funding for its welfare and food stamp programs and would likely have to eliminate hundreds of positions under Gov. Jerry Brown’s revised budget proposal, officials said.

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BY IMRAN GHORI
STAFF WRITER
ighori@pe.com

Published: 30 May 2012 05:17 PM

San Bernardino County will continue to slash away at a five-year budget deficit in its proposed spending plan for the 2012-2013 fiscal year which calls for reduced employee benefits and county services.

The Board of Supervisors received the proposed budget from County Chief Executive Officer Greg Devereaux on Tuesday, May 29. The full budget document was not publicly available but the county provided a copy of Devereaux’s 80-page executive summary. The board will hold public hearings on the plan beginning June 15.

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PolitiCal
On politics in the Golden State
May 30, 2012 | 4:41 pm

State lawmakers balked Wednesday at levying a fee against their own campaigns and lobbyists to upgrade the state’s fragile and aging database for campaign finance reporting.

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May 30th, 2012, 4:56 pm
Posted by BRIAN JOSEPH, Sacramento Correspondent

It appears the California Citizens Compensation Commission is going to consider a 5 percent pay cut for Gov. Jerry Brown, state lawmakers, constitutional officers like the attorney general and state controller and members of the Board of Equalization at its meeting Thursday.

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L.A. NOW
Southern California — this just in
May 30, 2012 | 4:57 pm

A Sacramento County Superior Court judge Wednesday afternoon refused to side with a group of California cities in their battle with the state over hundreds of millions of property tax dollars that used to flow to local redevelopment agencies.

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PolitiCal
On politics in the Golden State
May 30, 2012 | 3:28 pm

Facebook’s stock has nosedived since the social media giant debuted on Wall Street earlier this month, and that’s bad news for California’s budget.

Gov. Jerry Brown was counting on about $1.5 billion in income taxes related to the company’s IPO to help patch the state’s swelling $15.7-billion deficit. But if the stock price remains low, a haul that big becomes unlikely.

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