The California Commission on state Finance, a nine-member bipartisan group that provides quarterly general fund forecasts, faces potential elimination after Gov. Pete Wilson cut $532,000 of the commission's funding.

Wilson used his budgetary veto power last week to make the funding cut, which affects the new fiscal year that began July 1.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.