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Re:California expects a record $97.5B budget surplus by mrtweetyhack on Friday May 13, 2022 @10:24PM (#31374565)
It's called over taxation
Re:California expects a record $97.5B budget surplus by mrgordon on Saturday May 14, 2022 @12:00AM (#31374969)
No they just spent less while schools were closed during Covid
Re:California expects a record $97.5B budget surplus by s1artibartfast on Saturday May 14, 2022 @01:05AM (#31375237)
This isn't true. it is the result of record tax collection, not savings or cost cutting. California token record taxes each year during the pandemic

https://fred.stlouisfed.org/series/QTAXTOTALQTAXCAT3CANO