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State Budget

Tax Performance Continues to Amaze…Mostly

I remember a time, not too long ago, when the State Controller’s monthly report of cash receipts consistently induced shudders, giving us a collective chance to cringe at just how bad the fiscal situation was. No longer. Today’s report (narrative version, nerd version) states that California’s three major taxes beat recent estimates by almost a [...]

Actively Awaiting the Governor’s State Budget Proposal

Christmas and New Year’s are over, but this week, there is still great anticipation among the Capitol community to see what the Governor proposes in his  2014-15 state budget.  For the first year in many,we are expecting a surplus rather than a deficit when the budget is revealed this Friday. While that is a far [...]

Monday Morning Quarterbacking the CPRA Debate

There is a great deal of angst among the press regarding a provision in AB 76, a budget trailer bill that establishes certain procedural activities associated with the California Public Records Act (CPRA) as “best practices” and require a local agency that determines that it will not follow these practices to make a public announcement [...]

Deal Reached on Budget Includes Cap and Trade Loan

While the Legislature has yet to officially vote on the budget package, lawmakers and the Governor announced a deal yesterday that includes the Governor’s more conservative revenues estimates and limited spending increases. The deal also includes the Governor’s proposal to loan $500 million in Cap and Trade auction revenues to the State’s general fund. The [...]

Surfing with the Governor

I don’t know if Governor Jerry Brown, a life-long Californian, has ever actually been surfing, but he is currently riding a wave of political acumen, popularity and good fortune that could qualify him to compete in the elected official’s equivalent of the “Mavericks” big surf contest. Some of his earlier public policy wins are well [...]