Business News
Total revenues for the month were $408.3 million above (5.9 percent) estimates found in the May Revision of the Governor’s proposed 2011-12 budget.
“Many indicators show that our state is still moving towards recovery, but a prolonged budget deadlock could needlessly endanger that progress,” said Chiang. “The Legislature can do no greater service to California’s economy than to deliver a balanced, sustainable and on-time state budget.
Sales taxes were over projections by $305.9 million (9.0 percent) in May, and personal income taxes were up $12.3 million (0.4 percent).
Corporate taxes were down $11.1 million (-3.9 percent).
The state faced a $14.9 billion cash deficit on May 31. That deficit was covered by $7.1 billion of internal borrowing – short term loans from special funds – and $7.8 billion of external borrowing.
May 2011’s financial statement and the summary analysis can found on the Controller’s Web site at www.sco.ca.gov.
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The $50 million national effort is part of the 2008 Farm Bill.
“As the nation’s leading agricultural state, California is the first line of defense for our country’s food supply,” said Secretary Ross. “USDA’s announcement of more than $14 million for projects in California – as well as a number of multistate and national projects that include the Golden State – means the protective system can extend and improve its ability to detect, analyze, contain and eradicate high-priority pests and diseases.
“California’s food supply system is a marvel of variety, ingenuity, productivity and safety. These projects are part of an ongoing federal-state partnership that helps generate the research, strategies and tools that help protect our system.”
The projects include surveys for exotic pests and crop diseases; improved technology to identify suspect insects; “detector dog” teams that sniff out smuggled/concealed produce; and development of Integrated Pest Management (IPM) tools.
Several of the projects are focused on particular pests or diseases such as Plum Pox Virus, Sudden Oak Death, fruit flies or the European grapevine moth; others address general needs such as surveys to detect exotic pests or improved strategies for early detection of invasive species.
The list of projects, shown below, is organized by sections: survey and analysis, domestic inspection, pest identification and technology, safeguarding nursery systems, outreach and education, and enhanced mitigation.
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