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California Budget _amp; Propositions

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California Budget &

Propositions

April 2009

Budget

Three things to note:

1. Process this year is different

2. “Trigger” was not reached

3. Received more federal stimulus than

initially thought

Budget Process

Process different than usual:

Governor already signed budget

Budget for fiscal years 2008-2009 and

2009-2010

Budget hearings will still take place

Budget revise in June

Budget Trigger

Did not reach $10 billion federal fund

trigger:

$1.8 billion in personal income taxes

(.125% v. .25%)

$948 million in additional cuts,

including deeper cuts to SSI/SSP,

Medi-Cal, CalWORKs

Federal Stimulus

Will receive close to $31 billion:

$9 billion for health programs

$8 billion for education

$6 billion for labor and workforce development

$3.5 billion for social services

$2.6 billion for transportation

$1.1 billion for fiscal stabilization

$264 million for criminal justice

May 19th Initiatives

Prop 1A: Spending cap

Prop 1B: Funding for education

Prop 1C: Lottery securitization

Prop 1D: Redirecting Prop 10 funds

Prop 1E: Redirecting Prop 63 funds

Prop 1F: No raises for elected officials if

budget deficit

Prop 1A

 Increases size of “Rainy Day Fund”

 Portion of annual deposits dedicated to savings for

future economic downturns

 Higher state tax revenues of ~$16 billion to help

balance state budget

 Potentially less ups and downs in state spending over

time

 Possible greater state spending on repaying budgetary

borrowing and debt, infrastructure projects, and

“temporary” tax relief

Prop 1B

 Only goes into effect if 1A passes

 Requires supplemental payments to local school districts and

community colleges

 Annual payments begin in 2011-2012

 Payments are funded from Budget Stabilization Fund until total

amount paid

 Payments to local school district allocated in proportion to

average daily attendance and may be used for classroom

instruction, textbooks, and other local educational programs

 Potential state savings of several billion in 2009-2010 and 2010 to

2011

 Potential state costs of billions of dollars annually thereafter

Prop 1C

 Modernizes state lottery to improve performance with

increased payouts, improved marketing, and effective

management

 Requires state to maintain ownership of lottery and

authorizes additional accountability measures

 Protects funding levels for schools currently provided by

lottery revenues

 Increased lottery revenues used to address current budget

deficit and reduce need for additional tax increases and

cuts to state programs

 Allows $5 billion of borrowing from future lottery profits to

help balance 2009-2010 state budget

Prop 1D

 Provides more than $600 million to protect children’s

programs in difficult economic times

 Redirects existing tobacco tax money to protect health and

human services for children, including services to at-risk

families, children with disabilities, and foster children

 Temporarily allows redirection of existing money to health

and human services programs for First 5

 Ensures counties retain funding for local priorities

 Helps balance state budget

 General Fund savings of up to $608 million in 2009-2010

and $268 million annually from 2010-2011 through 2013-

2014

Prop 1E

 Amends Mental Health Services Act (Prop 63) to

transfer funds for 2-year period from Prop 63

programs to pay for mental health services for children

and young adults provided through Early & Periodic

Screening, Diagnosis, & Treatment Program

 Provides more than $225 million in flexible funding for

mental health programs

 General Fund savings of ~$230 million annually for 2

years

 Corresponding reduction in funding available for Prop

63 community health programs

Prop 1F

 Prevents State Legislators and Constitutional Officers,

including the Governor, from receiving pay raises in

years when the state is running a deficit

 Directs the Director of Finance to determine whether a

given year is a deficit year

 Prevents the Citizens Compensation Commission from

increasing elected officials’ salaries

 Minor state savings related to elected state officials’

salaries in some cases when state is expected to end

year with deficit

Questions?



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