| Last Updated: | 2/10/2012 |
| Budget Issue: | Rebenchings of Proposition 98 minimum guarantee |
| Program: | Proposition 98 |
| Finding or Recommendation: | Adopt Governor's January proposal to eliminate the rebenching for the "gas tax swap." For other rebenchings, recommend consistent year-to-year approach. |
For more detail, please see "Adjustments to the Minimum Guarantee" section of our report, "The 2012-13 Budget: Proposition 98 Education Analysis."