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February 22, 1995 - Press Release - State Fiscal Picture
February 22, 1995 - Performance Budgeting: Costs Are Certain, Results Are Pending
February 22, 1995 - Options for Balancing the 1995-96 Budget
February 22, 1995 - Analysis of the 1995-96 Budget Bill
February 16, 1995 - Presented To Joint Legislative Budget Committee and the Senate Appropriations Subcommittee on Bonded Indebtedness and Methods of Financing - Senators Mike Thompson and Lucy Killea, Chairs
February 9, 1995 - Presented To Joint Legislative Budget Committee and the Senate Appropriations Subcommittee on Bonded Indebtedness and Methods of Financing - Senators Mike Thompson and Lucy Killea, Chairs
January 12, 1995 - Presented To Senate Budget and Fiscal Review Committee
January 4, 1995 - Presented To The California Agricultural Leadership Program By Elizabeth G. Hill, Legislative Analyst
January 1, 1995 - Cal Guide: A Profile of State Programs and Finances
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.
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.