State Budget Condition Publications

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Handout

Initial Comments On The 1995-96 Governor's Budget

January 12, 1995 - Presented To Senate Budget and Fiscal Review Committee

Handout

The California Budget Outlook

January 4, 1995 - Presented To The California Agricultural Leadership Program By Elizabeth G. Hill, Legislative Analyst

Report

An Overview of the 1995-96 Governor's Budget

January 1, 1995 - An Overview of the 1995-96 Governor's Budget

Report

Cal Guide: A Profile of State Programs and Finances-1995

January 1, 1995 - Cal Guide: A Profile of State Programs and Finances

Report

California Update: The 1995-96 Budget Outlook

December 1, 1994 - In July 1994, a two-year plan was adopted for eliminating the budget deficit carried over from 1993-94 and bringing the state's budget back into balance by year-end 1995-96. On January 10, 1995, the Governor is scheduled to release his specific budget proposal for 1995-96. This update reviews the state's progress in implementing the budget plan based on recent developments. Currently, the state is running slightly ahead of scheduie in its two-year plan to eliminate the budget deficit. However, there are a number of budget risks and uncertainties that could worsen the outlook considerably and jeopardize achieving a balanced budget in 1995-96.

Report

California Update: The “Trigger” Mechanism

October 1, 1994 - As part ofthe 1994-95 budget package, the state put into place a so-called trigger mechanism. This mechanism was viewed as being necessary to ensure repayment of money borrowed from investors to finance the budget plan.

Report

The 1994-95 Budget Act and Related Legislation

August 1, 1994 - This report summarizes the fiscal effect of the 1994 Budget Act (Ch 139/94, SB 2120), and the effects of major legislation that was enacted as part of the overall state spending plan for 1994-95.

Report

Focus Budget 1994 Highlighting Major Features of the 1994 California Budget

July 13, 1994 - Major features of the 1994 California budget.

Report

Supplemental Report of the Budget Act—Containing Statements of Intent or Requests for Studies 1994-95

June 28, 1994 - Supplemental Report of the Budget Act—Containing Statements of Intent or Requests for Studies 1994-95

Report

Overview of the May Revision 1994-95

May 27, 1994 - This year’s May Revision essentially represents a technical update to the January budget. It does not include any major new proposals. Furthermore, the Administration’s estimates of caseloads and its revenue outlook have changed only slightly since January, so that the May Revision changes are relatively small.

Report

Cal Facts: California Economy and Budget in Perspective-1994

April 1, 1994 - Cal Facts: California Economy and Budget in Perspective

Report

California Update: California’s Cash Crunch

March 1, 1994 - California Update: California’s Cash Crunch

Report

Highlights of the 1994-95 Analysis and P&I

February 23, 1994 - Highlights of the 1994-95 Analysis and P&I

Report

State Fiscal Picture 1994-95

February 23, 1994 - The 1994-95 Governor's Budget recognizes that the two-year budget plan adopted last June has been undermined by the continuing stubborn state recession. Faced with an $8 billion budget funding gap for 1993-94, the Legislature and Governor adopted a two-year plan to achieve a balanced budget in 1994-95. That plan now is $4.9 billion out of balance based on the state's current revenue and spending trends identified in the 1994-95 Governor's Budget. Perhaps the most important policy proposal in the budget is the Governor's plan for restructuring the state/county fiscal relationship, which is intended to give counties a significant cost share in the health and welfare programs that they administer in order to provide appropriate incentives to make those programs more efficient and effective.

Report

Perspectives on the Economy 1994-95

February 23, 1994 - Much of the blame for the state's continuing budget shortfalls over the past three years can be placed on the dismal performance of the California economy. The substantial population increases of recent years have maintained constant upward pressure on demands for state services. At the same time, declining employment levels, lower real per capita incomes, and falling property values have limited the ability of the state's major revenue sources to meet these demands. Despite substantial gains in the national economy over the past year, economic activity in most regions of California continues to decline or stagnate.

State Budget Condition Staff
Ann Hollingshead
(916) 319-8305
State Budget and Federal Funding
 
Carolyn Chu
(916) 319-8326
Chief Deputy Legislative Analyst