Los Angeles Times

Newsom called it a ‘gimmick.’ Now he’s using the trick to lower California’s massive deficit

SACRAMENTO — With a windfall of cash five years ago, Gov. Gavin Newsom said he was doing away with a state budget “gimmick” one of his predecessors relied on to shave about $800 million off a deficit ...
Washington Examiner

EXography: States use gimmicks, late payments and other accounting tricks to meet balanced budget requirements

Paying bills late, selling buildings and swiping money from special accounts are some of the gimmicks states are using to bypass balanced budget requirements, according to a new report on the tricks ...
AOL

Newsom called it a 'gimmick.' Now he's using the trick to lower California's massive deficit

With a windfall of cash five years ago, Gov. Gavin Newsom said he was doing away with a state budget "gimmick" one of his predecessors relied on to shave about $800 million off a deficit during the ...