This report summarizes the fiscal effect of the 1993 Budget Act (Ch 55/93, SB 80), including the effects of major legislation that was enacted as part of the overall state spending plan for 1993-94. Our review indicates that the recently enacted two-year budget plan is now out of balance due to a variety of budget adjustments. These adjustments, reflecting actions or decisions that already have occurred, increase spending over the two years by a total of $660 million, which results in a 1994-95 ending deficit of $560 million in the General Fund, absent corrective action, rather than the $100 million reserve that was projected by the Administration when the budget was adopted.
[PDF] The 1994-95 Budget Act and Related LegislationReport Jul 13, 1994
Focus Budget 1994 Highlighting Major Features of the 1994 California BudgetReport Jan 1, 1994
[PDF] Overview of the Governor's Budget 1994-95