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

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Recommendation

Last Updated
 Go Back  Proposition 98 Counting K-14 debt service payments to Proposition 98 minimum guarantee We have serious policy concerns with the Governor's January debt service proposal, given the size of annual debt service payments is significantly more volatile than annual changes in the Proposition 98 minimum guarantee. 2-10-12

Detailed Narrative

For more detail, please see "Governor's Back-up Plan" section our report, The 2012-13 Budget: Proposition 98 Education Analysis.