Current Budget & Fiscal Analysis

03-18-2017
A summary of some subcommittee activity from the past week Subcommittee #1 (Education) Portantino (D-Los Angeles) Chair, Moorlach (R-Costa Mesa), Jackson (D-Santa Barbara) College Choice, Middle Class Scholarships Threatened: The subcommittee discussed student financial aid, including a currently...
03-10-2017
Below is a summary of some subcommittee activity from the past week: Subcommittee #1 (Education) Portantino (D-Los Angeles) Chair, Moorlach (R-Costa Mesa), & Jackson (D-Santa Barbara) Pension Costs Squeeze Schools; Local Reserve Caps Assailed; Career Technical Education Losing Ground: The...
03-2-2017
Below is a summary of some subcommittee activity from the past week: Subcommittee #1 (Education) Portantino (D-Los Angeles) Chair, Moorlach (R-Costa Mesa), Jackson (D-Santa Barbara) Career Technical Education Threatened, Teacher Shortage Looms: The subcommittee discussed the governor’s proposed...
02-23-2017
Public Safety Hearing Highlights Both Successes and Major Concerns. The Senate Budget and Fiscal Review Committee heard testimony on Thursday, February 23, regarding public safety and prisons in California. At the hearing, several former inmates testified regarding successful rehabilitation they...
02-17-2017
Marijuana Hearing Raises Concerns Over Water and Public Safety. The Senate Budget and Fiscal Review Committee heard testimony on Thursday, February 16, regarding how the state is implementing Proposition 64, which legalized the recreational use of marijuana in California. The hearing highlighted...
02-9-2017
The full Budget and Fiscal Review Committee met on Thursday, February 9, to vote on two proposals to give pay increases and bonuses to state employees and to review a new costly budget and accounting IT system. New Bonuses for State Employees Contrast with Reductions for Child Care and Scholarships...
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.

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