LAO 2004-05 Budget Perspectives and Issues TOC
Analysis of the 2004-05 Budget Bill
The 2004-05 Budget: Perspectives and Issues

P&I in Adobe Acrobat (PDF) Format (396k)

Perspectives and Issues Outline

Part One: State Fiscal Picture

Part Two: Perspectives on the Economy and Demographics

Part Three: Perspectives on State Revenues

Part Four: Perspectives on State Expenditures

An Overview of State Expenditures

Major Expenditure Proposals in the 2004-05 Budget

Part Five: Major Issues Facing the Legislature

Another Property Tax Shift?

Deficiencies: Rethinking How to Address Unexpected Expenses

"Remodeling" the Drug Medi-Cal Program

Better Care Reduces Health Care Costs for Aged and Disabled Persons

Mandates: Mounting Liabilities and Need for Reform

The Problem of Abusive Tax Shelters

Additional Options for Addressing the State's Fiscal Problem