The California Legislative Analyst’s Office (LAO) on Monday released its overview of Governor Gavin Newsom’s FY 2019-20 Budget Proposal. The LAO report assesses the state’s current budget position, discusses the Governor Newsom’s budget priorities and spending proposals, and areas for consideration as the Legislature begins its budget deliberations. As part of the assessment of the…
Read More »On Thursday, Governor Gavin Newsom released his proposed FY 2019-20 State Budget, proposing significant expenditures in the state’s fiscal health and new initiatives. The proposed budget totals $209 billion ($144 billion General Fund) and projects a $21.4 billion surplus. The total budget represents a four percent increase from last year’s budget. In a nearly two-hour…
Read More »This week, Assembly Budget Chair Phil Ting held a press conference to release the Assembly’s budget blueprint. Asm. Ting’s blueprint, “Funding Progress, Protecting Tomorrow,” details actions necessary to ensure fiscal responsibility while funding key Democratic priorities. During his press conference, Asm. Ting discussed the importance of placing funds in the reserve, directing funds to one-time…
Read More »The California Legislative Analyst’s Office (LAO) on Wednesday published its report, “The 2019-20 Budget: California’s Fiscal Outlook,” which assesses the status of the state’s budget in anticipation of upcoming state budget process. The report finds that the state budget “is in remarkably good shape” and, using its revenues and spending estimates, determines the state’s constitutional…
Read More »On Wednesday, Governor Jerry Brown signed his final budget, the Budget Act of 2018 (SB 840), while highlighting his significant accomplishment of taking the state from a $27 billion deficit to one that continues to save for the next recession and includes significant investments for combating homelessness, protecting immigrants, and providing K-14 and higher education….
Read More »The ability for local governments to impose taxes and fees on sodas and sugar-sweetened beverages was highly debated in the California State Legislature this week. Two trailer bills, SB 872 and AB 1838 were introduced to ban the ability for local jurisdictions to impose new taxes on groceries, which by definition includes sugar-sweetened beverages/sodas, until…
Read More »On Monday, the Legislature passed nine additional budget trailer bills, most notably the health and human services omnibus bills. Recall last Friday, the Legislature passed the main 2018-19 budget bill and a handful of related trailer bills, meeting the June 15 constitutional deadline for passing a budget. As highlighted in last week’s CHEAC budget memo,…
Read More »On Thursday, the California Legislature adopted the 2018-19 budget package, meeting the June 15 constitutional deadline for passing a budget. A handful of budget trailer bills, including those related to health and human services, have not yet been acted upon due to the requirement that bills must be in print for 72 hours before being…
Read More »Today, Governor Brown and Legislative Leaders announced they had reached an agreement on the 2018-19 Budget. Recall, the Budget Conference Committee had convened for just over a week to hear issues and reconcile differences between the two houses. The budget agreement prioritizes investments in education, the Rainy Day Fund, child care and combatting homeless, and…
Read More »On Tuesday evening, the full Assembly Budget Committee convened a hearing to discuss and adopt their 2018-19 Budget. In his opening statements Assembly Member Philip Ting, chair of the Assembly Budget Committee, noted their inclusion of $144 billion in revenues and $140 billion in expenditures. He further highlighted major investments by the Assembly, which include:…
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