| Last Updated: | 2/10/2012 |
| Budget Issue: | Counting K-14 debt service payments to Proposition 98 minimum guarantee |
| Program: | Proposition 98 |
| Finding or Recommendation: | We have serious policy concerns with the Governor's January debt service proposal, given the size of annual debt service payments is significantly more volatile than annual changes in the Proposition 98 minimum guarantee. |
For more detail, please see "Governor's Back-up Plan" section our report, The 2012-13 Budget: Proposition 98 Education Analysis.