Current Budget & Fiscal Analysis

01-26-2017
Read Complete Document (pdf) Executive Summary Overview: Budget Deficits Return Despite Record Revenues. California continues to set new records for revenue each year, but with Democrats solely in control of the state budget, deficits are now set to return. The Governor’s January budget projects a...
09-28-2016
Read Complete Document (pdf) Executive Summary Budget Overview. The 2016 Budget Act includes record-high General Fund revenues and spending. The budget shows strong education spending, prudently includes an extra $2 billion deposit to the state Rainy Day Fund, and provides much needed funds for the...
05-20-2016
Budget subcommittees met several times this past week to begin voting on the Governor’s May Revision budget proposal. Below is a summary of some key subcommittee activity this week:
05-19-2016
The May Revision reflects slower revenue growth and avoids major new General Fund spending proposals. The Governor has called again for fiscal restraint, and Senate Republicans hope it is more than a sound bite this time. The Governor already committed to massive future spending increases through the new minimum wage requirement, and legislative Democrats are seeking billions in spending on new or expanded programs. The May Revision also adopts the $2 billion homelessness bond for the mentally ill previously proposed by Senator De Leon.
05-6-2016
Below is a summary of some subcommittee activity from the past week:
04-30-2016
Below is a summary of some subcommittee activity from the past week:
04-18-2016
Below is a summary of some subcommittee activity from the past week:
04-14-2016
Below is a summary of some subcommittee activity from the past week:
03-31-2016
Below is a summary of some subcommittee activity from the past week:
03-18-2016
Below is a summary of some subcommittee activity from the past week:

Pages