The administration proposes to (1) limit the amount of revenues that the General Fund could receive in any year and (2) implement a system by which the administration could trigger across-the-board reductions if the state’s budget situation declined. Although the measure would help even out the state’s revenues from year to year, it would also be inflexible to legislative decision making on a year-to-year basis and would fail to prioritize state spending. Consequently, we recommend that the Legislature reject the proposed changes. We provide, instead, some alternatives it could consider which build upon the positive aspects of the Governor’s proposal.
[PDF] The 2013-14 Budget: Analysis of Governor’s Proposition 39 ProposalReport May 19, 2008
[PDF] Overview of the 2008-09 May RevisionReport Feb 20, 2008
[PDF] 2008-09 Budget: Perspectives and Issues