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Having some of the worst-ranked roads in the U.S., California’s push for zero-emission vehicles will leave road repair budgets unfunded, analysts say.
The state Legislative Analyst’s Office also said the timeline to implement them ‘may be too aggressive.’
The exodus of high-income earners also has an impact on the declining state tax revenue, Legislative Analyst Gabriel Petek told The Epoch Times.
Planned buybacks of accrued vacation and leave time for state workers are also canceled, except for corrections employees.
Analysts found that the overall budget deficit could more than double—from $30 billion for fiscal 2022–23 to about $68 billion for 2024–25.
The decrease in tax collections is second only to the nearly 29 percent drop in 2002 following the dotcom bust, according to state tax collection data.
