State budget update
Governor Signs Budget Plan, from the California Budget Project, reports on the Feb 20th spending bill signed by the governor, which includes tax cuts, new revenues, and steep spending cuts to state programs.
May 19 special election: As part of the budget process, the legislature put several propositions on the ballot, including:
- Prop 1A, which would establish a state spending cap
- Prop 1B, which would send more funds to school districts and community colleges
- Prop 1C, which would authorize the sale of $5 billion in bonds backed by lottery proceeds
- Props 1D and 1E, which would divert funds from First 5 (Prop 10) and mental health (Prop 63) to fund existing state programs.
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home