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November 17, 1999 - California's fiscal fortunes have again significantly exceeded expectations, due largely to its robust economic performance and the accompanying increases in General Fund revenues. We project that continued revenue growth will trigger all of the vehicle license fee (VLF) reductions previously agreed to, enable full funding of all current-law programs, and produce significant budgetary reserves in the next several years.
August 16, 1999 - On June 28, 1999, Governor Davis signed the 1999-00 Budget Act which, together with related implementing legislation (trailer bills), authorizes total state spending of $79.8 billion. This report details the contents of this measure. (53 pp.)
June 22, 1999 - We summarize major features of the 1999-00 Budget Bill, passed by Legislature on June 16, 1999. This report does not reflect any actions by the Governor on the budget package (such as line-item vetoes or vetoes of trailer bills). We will summarize final actions on the budget in a later report.
June 15, 1999 - 1999-00 Budget Bill Conference Committee Version
May 17, 1999 - The May Revision has many positive features, including major funding for infrastructure, restoration of commitments made last year, and an increase in the state's budgetary reserve. In addressing K-12 education and local government proposals, however, the Legislature may wish to consider more decentralized approaches that recognize differing local needs. In addition, we recommend that the Legislature take the opportunity afforded by the current increase in revenues to begin an ongoing commitment to a pay-as-you-go infrastructure program.
May 7, 1999 - We anticipate that combined current-year and budget-year revenues will exceed the January budget forecast by more than $4 billion. Despite cost increases in Proposition 98 education and other state programs, the Governor and Legislature will have discretion over a substantial amount of additional resources as they finalize the budget plan for 1999-00. (Cal Update)
February 16, 1999 - Proposed Spending by Program Area 1999-00
February 16, 1999 - State Spending-A Historical Perspective 1999-00
February 16, 1999 - LAO's General Fund Revenue Outlook 1999-00
February 16, 1999 - The 1999-00 Budget: Perspectives and Issues