Money pours into CA

Not really, but at least December revenues were 5.7 percent above the state budget estimates. Year-to-date revenues remain below the amended 2009-10 budget's estimates by $353 million, and state payments went out faster than expected near the end of 2009. In other words, things are still rotten. We'll know a little more about the budget outlook when Gov. Arnold Schwarzenegger releases new cash flow estimates tomorrow as part of his budget proposal. Here's the summary from the state controller's office. Bet you never thought you'd be perusing California's general fund cash receipts and disbursements.