The Governor is proposing an $8.3 billion total tax increase to fund his realignment program and reduce the General Fund's budget shortfall. This proposal would raise the sales and use tax by one percentage point ($4.6 billion), establish 10 percent and 11 percent high-income tax brackets ($2.6 billion), and raise the cigarette tax by $1.10 per pack ($1.2 billion).
Overview of the May Revision 1996-97Report Jan 1, 1995
An Overview of the 1995-96 Governor's BudgetReport Mar 1, 1994
[PDF] State Employee Compensation Issues for 1994-95