California has something in common with the Chester Upland School District. It is about to run out of money.
According to the state controller the problem is that tax revenues didn't meet the Gov. Jerry Brown's optimistic projections.
State Sen. Mark Leno, D-San Francisco, who is chairman of the Senate Committee on Budget and Fiscal Review, called the projected shortfall "a very short-term cash-management situation.
"All budgets are, by nature, an educated guess," Leno said.
Makes you wonder where the state legislature of California was educated. Oz?