Despite the budget fix enacted in February, the state is on track to come up $23 billion
short of what it needs to get through the year, the Legislature's chief budget analyst says.

By Evan Halper and Eric Bailey
May 7, 2009
Reporting from Sacramento -- California could run out of money as soon as July, the Legislature's
chief budget analyst warned Thursday, as a new poll showed voters poised to reject five
budget-related measures on the May 19 ballot.

If the propositions do not pass, the state could find itself as much as $23 billion short of the
money it needs to pay its bills over the next year, according to a new forecast by Legislative
Analyst Mac Taylor.

http://www.latimes.com/news/local/la...,7342537.story