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May 17, 2000 - The May Revision has many positive elements, including significant new funds for infrastructure (primarily one-time) and education. It also preserves the state's future fiscal flexibility by avoiding excessive ongoing commitments. The revision, however, has many proposals which lack specificity and/or delegate too much authority to the administration. It also misses opportunities to provide ongoing funding for infrastructure and state-local finance reform.
April 12, 2000 - California's state appropriations limit (SAL)--which grows annually by a population and cost-of-living factor--places an "upper bound" each year on the amount of monies that can be spent from state tax proceeds. The SAL has not been a constraint throughout the 1990s. It could again become one if current revenue trends continue.
February 17, 2000 - Our annual detailed examination of the Governor's Budget. It includes over 400 findings and recommendations related to education, health and social services, criminal justice, transportation, resources, capital outlay, information technology, and local government.
February 17, 2000 - LAO's General Fund Revenue Outlook 2000-01
February 17, 2000 - Proposed Spending by Program Area 2000-01
February 17, 2000 - State Spending--An Historical Perspective 2000-01
January 14, 2000 - Recent economic and revenue trends have continued to far surpass expectations. These positive trends are likely to result in revenues exceeding the Governor's budget forecast by $3 billion in the current year and budget year combined. We believe that approximately half of these additional revenues should be devoted to one-time purposes, while the remainder could be available for ongoing commitments, whether for new spending or tax relief.