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Early Information on the State Budget Proposal

Byuclafaculty

There is now an official document about the proposed state budget available at:

http://www.senate.ca.gov/ftp/SEN/COMMITTEE/STANDING/BFR/_home/2010conf/ConfAgenda10610.pdf

from the state Senate Committee on Budget and Fiscal Review. There is also a preliminary write up about this proposal at:

http://blogs.sacbee.com/capitolalertlatest/2010/10/budget-details-released.html

It is apparent there is a lot of deferral into next year and assumed money from the feds that may not arrive. There is a pension proposal which appears to be CalPERS-only, i.e., not UC. And there is a rainy day fund proposition to be put on the ballot in 2012.

There is some additional money for UC and CSU which is said to be more than last year but less than requested. How this plays into stimulus funds, etc., is yet to be determined. And, of course, a proposed budget is not the same as an enacted budget. There could also be line-item vetoes to whatever is enacted.

UPDATE: Here are other somewhat later summaries, not necessarily entirely consistent with the others:

http://blogs.sacbee.com/capitolalertlatest/2010/10/more-details-released-on-state.html

http://californiascapitol.com/blog/?p=4145

Bottom line: The early bird info can be more entertaining than informative:

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Byuclafaculty

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Byuclafaculty

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