Current Budget & Fiscal Analysis

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...

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