Summary of LAO Findings and Recommendations on the 2012-13 Budget

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Last Updated
 Go Back  Proposition 98 Rebenchings of Proposition 98 minimum guarantee Adopt Governor's January proposal to eliminate the rebenching for the "gas tax swap." For other rebenchings, recommend consistent year-to-year approach. 2-10-12

Detailed Narrative

For more detail, please see "Adjustments to the Minimum Guarantee" section of our report, "The 2012-13 Budget: Proposition 98 Education Analysis."