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    • Headlines : California

      Brown Proposes Record $106.8 Billion California Budget

      Bloomberg | by Michael B. Marois | January 10, 2014

      California Governor Jerry Brown proposed a record $106.8 billion budget as state coffers brim with the biggest surplus in more than a decade, setting up a fight with fellow Democrats who want more spending.

    • California

      Jerry Brown’s budget plan proposes cautious spending, paying down debt

      The Sacramento Bee | by David Siders, Jim Miller and Jeremy B. White | January 9, 2014

      Bracing against calls for more spending after years of recession-era cuts, Gov. Jerry Brown today will propose modest increases for social services next fiscal year, with billions of dollars in surplus revenue going to reduce state debt.

    • Headlines

      State Budget Solutions' Fourth Annual State Debt Report

      by Cory Eucalitto | January 8, 2014

      State governments face a combined $5.1 trillion in debt, equal to over $16,000 per resident. Click to see your home state's debt and how your state ranks.

    • Headlines : California

      Jerry Brown is said to support ballot measure for rainy day fund

      The Los Angeles Times | by Chris Megerian and Anthony York | January 6, 2014

      The proposed measure, which would need approval from two-thirds of the Legislature before it could be presented to voters in November, would siphon off some tax revenue and channel it into a special savings account.

    • Headlines

      The worst state budget gimmicks of 2013

      State Budget Solutions | by Joe Luppino-Esposito | January 3, 2014

      State Budget Solutions has been keeping an eye on the bag of tricks employed by legislators and other budget officials. These budget gimmicks hide the true cost of government and set up states for fiscal calamity down the road. In 2013, not much has changed, though some states have attempted to fix gimmicks they employed in the past. 

    • Headlines : California

      The State Worker's Top 10: Jerry Brown's budget for state jobs and pay

      The Sacramento Bee | by Jon Ortiz | December 31, 2013

      Budgets declare priorities. So when California's governors issue their initial state revenue and spending projections in January, everyone with a stake in the process immediately looks for where they stand.

    • Headlines : California, Delaware, Nevada, New York, Alaska

      Wealthy avoid taxes by moving assets to no-tax states

      StLToday.com | December 30, 2013

      Wealthy Americans looking to avoid state income taxes are moving billions of dollars in assets to trusts in no-tax states such as Delaware, Nevada and Alaska.

    • Headlines

      U.S. state budgets recover modestly, little room for big ideas-report

      Reuters | December 27, 2013

      U.S. state budgets appear to be stabilizing, budget gaps are rare and policymakers have more flexibility to deal with over-spending and unexpected one-off costs, the National Conference of State Legislatures said in a report distributed on Tuesday.

    • Headlines

      End of Federal Income Tax Deduction Could Hurt State Budgets

      Governing | by Liz Farmer | December 27, 2013

      States with no income taxes could see reduced consumer spending in 2014 if a federal tax deduction is allowed to expire.

       

       

    • Headlines

      Pension Woes Have Cities, States Eyeing 401(k) Style Plans

      Fox Business | by Dunstan Prial | December 20, 2013

      San Diego is at the forefront of a controversial push by municipal and state governments to replace traditional public employee pensions with 401(k) plans that depend on the fortunes of the stock markets rather than the continued largesse of taxpayers.


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    • Budget timeframe: Annual

      Fiscal Year begins: July 1

      Find the legislative session calendar here.

      The current state budget can be found here.

      Find the current legislative leaders here.

       

      Jerry BrownGov. Edmung G. "Jerry" Brown
      State Capitol
      Sacramento, CA 95814
      Phone: (916) 445-2841
      Fax: (916) 445-4633
      http://gov.ca.gov/

       

       

       

       

       

      Ana Matosantos

       

      Ana Matosantos, Director of Finance
      Department of Finance
      915 L Street
      Sacramento, CA 95814
      Phone (916) 445-3878
      Fax: (916) 324-7311
      www.dof.ca.gov

       

       

      Want a more robust, long-term look at your state's fiscal health, beyond the budget? There are two parts: Click here for the FY2011 Comprehensive Annual Financial Report (CAFR) compiled by the state government, and click here for information on the state's pension liabilities

       

      California is required to pass a "balanced budget." California Code Section 13337.5 of state law prohibits the annual budget act from authorizing expenditures in excess of revenues. In 2004 the Constitution was amended to include language to specifically prevent the presentation of a budget bill that would appropriate from the General Fund more than that Fund would receive in revenues. California law forbids the carrying over of a deficit from one year to the next. The State only budgets for expenditures, not revenues.

       

      The California Constitution limits appropriations to the appropriations limit from the previous year, adjusted for inflation and the change in population. This is commonly called "budgeting for fiscal discipline," and is a way to keep the growth of appropriations from outpacing the growth in revenues from year to year.
      Unfortunately, the most recently passed budget relies heavily on accounting maneuvers, including moving tax receipts from one year to a next and borrowing $5 billion against future lottery earnings. The lottery borrowing requires the approval of voters in a ballot measure in a special election the Spring of 2009. If the lottery plan is defeated, midyear cuts and other measures to rein in spending are likely. [from the Institute for Truth in Accounting]

       

      Find the state's bond ratings here.

      PRI Logo

       


    • State Debt :

    • HEADLINES: Arizona, California, Colorado, Delaware, Florida, Illinois, Kentucky, Louisiana, Michigan, New Hampshire , New Jersey, Ohio, Pennsylvania, Rhode Island, South Carolina, Washington

      Williams Report - July 1, 2015

      State Budget Solutions | by Bob Williams | July 1, 2015

      Join us on Twitter today by following @StateBudgets and tweeting with the hashtag #SBSBob.

    • HEADLINES: Alaska, Arizona, California, Connecticut, Delaware, Florida, Illinois, Kansas, Louisiana, Maine , Massachusetts , Michigan, Minnesota, New Hampshire , New Jersey, New York, North Carolina , Ohio, Pennsylvania, Rhode Island, Wisconsin

      Williams Report - June 23, 2015

      State Budget Solutions | by Bob Williams | June 23, 2015

      Join us on Twitter today by following @StateBudgets and tweeting with the hashtag #SBSBob.

    • View All California articles
    • Pensions :

    • HEADLINES: Arizona, California, Colorado, Delaware, Florida, Illinois, Kentucky, Louisiana, Michigan, New Hampshire , New Jersey, Ohio, Pennsylvania, Rhode Island, South Carolina, Washington

      Williams Report - July 1, 2015

      State Budget Solutions | by Bob Williams | July 1, 2015

      Join us on Twitter today by following @StateBudgets and tweeting with the hashtag #SBSBob.

    • HEADLINES: Alaska, Arizona, California, Connecticut, Delaware, Florida, Illinois, Kansas, Louisiana, Maine , Massachusetts , Michigan, Minnesota, New Hampshire , New Jersey, New York, North Carolina , Ohio, Pennsylvania, Rhode Island, Wisconsin

      Williams Report - June 23, 2015

      State Budget Solutions | by Bob Williams | June 23, 2015

      Join us on Twitter today by following @StateBudgets and tweeting with the hashtag #SBSBob.

    • View All California articles
    • Solutions

      How Reality-Based Budgeting Can Permanently Resolve State Budget Gaps

      State Budget Solutions | by Bob Williams | November 7, 2012

      State Budget Solutions recommends that state legislators take action in 2013 to resolve the serious state financial crises by changing their focus from inputs to outcomes by redesigning budgets from the ground up based on priorities and performance.

    • Solutions

      How to Prevent Future Pension Crises

      by Cory Eucalitto | November 1, 2012

      The time for state and local governments to offer defined contribution retirement plans that protect both taxpayer dollars and public employee retirement security is now.

    • Solutions: California

      Reform Before Revenue: How to Fix California's Retiree Health-Care Problem

      The Manhattan Institute | by Stephen D. Eide | October 31, 2012

      This paper examines the ongoing fiscal crisis caused by health-care plans for retirees (known as "other post-employment benefits," or OPEB) in one of the hardest-hit states, California, and outlines necessary reforms that should come before tax increases or cuts to government services.

    • Solutions

      State Lawmaker’s Guide to Evaluating Medicaid Expansion Projections

      The Heritage Foundation | by Edmund F. Haislmaier and Drew Gonshorowski | October 17, 2012

      Supporters of Obamacare claim that expanding Medicaid will entail little to no cost to state governments, since the federal government will fund the vast majority of the additional costs. Indeed, some analyses project states achieving savings from adopting the expansion. However, state lawmakers should be wary of accepting such analyses at face value.

    • Solutions: California

      Rising Pension Costs Threaten Cities’ Ability to Provide Services

      Hoover Institution of Stanford University | by Chuck Reed | October 16, 2012

      In June 2012, nearly 70% of San Jose voters approved "Measure B" - a set of pension reforms that the City Council placed on the ballot after more than 8 months of negotiations with our employee unions.

    • Solutions

      Medicaid Is Broken—Let the States Fix It

      The Wall Street Journal | by Paul Howard and Russell Sykes | October 15, 2012

      Block-granting Medicaid is the best way to deliver better, cost-effective care to the most vulnerable Americans.

    • Solutions

      The Case for Reform: Prisons

      Right on Crime | August 1, 2012

      Prisons are supremely important, but they are also a supremely expensive government program, and thus prison systems must be held to the highest standards of accountability.

    • Solutions

      The Case for Reform: Adult Probation

      Right on Crime | August 1, 2012
    • Solutions

      Solutions to the public pension crisis

      State Budget Solutions | by Bob Williams | August 1, 2012

      Public pensions at the state and municipal levels are unsustainable in their current form.  State Budget Solutions' recent study by Andrew Biggs found that public pensions are underfunded by $4.6 trilion. Here we offer solutions to the pension crisis

    • Solutions: California

      Road Map to Recovery

      Pacific Research Institute | October 31, 2011

      Document that outlines ten steps to return California to prosperity.


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    • Arizona, California, Colorado, Delaware, Florida, Illinois, Kentucky, Louisiana, Michigan, New Hampshire , New Jersey, Ohio, Pennsylvania, Rhode Island, South Carolina, Washington

      Williams Report - July 1, 2015

      State Budget Solutions | by Bob Williams | July 1, 2015

      Join us on Twitter today by following @StateBudgets and tweeting with the hashtag #SBSBob.

    • Alaska, Arizona, California, Connecticut, Delaware, Florida, Illinois, Kansas, Louisiana, Maine , Massachusetts , Michigan, Minnesota, New Hampshire , New Jersey, New York, North Carolina , Ohio, Pennsylvania, Rhode Island, Wisconsin

      Williams Report - June 23, 2015

      State Budget Solutions | by Bob Williams | June 23, 2015

      Join us on Twitter today by following @StateBudgets and tweeting with the hashtag #SBSBob.

    • Alabama, Alaska, California, Iowa, Maine , New Hampshire , South Carolina, Texas, Washington, New Jersey, Nevada

      Williams Report - June 3, 2015

      State Budget Solutions | by Bob Williams | June 3, 2015

      Join us on Twitter today by following @StateBudgets and tweeting with the hashtag #SBSBob.

    • Alabama, Alaska, California, Colorado, Connecticut, Florida, Georgia, Kansas, Kentucky, Massachusetts , Montana, Nebraska, New Hampshire , New Jersey, Oklahoma, Pennsylvania

      Williams Report - May 20, 2015

      State Budget Solutions | by Bob Williams | May 20, 2015

      Join us on Twitter today by following @StateBudgets and tweeting with the hashtag #SBSBob.

    • Look Out For These Pension Gimmicks

      State Budget Solutions | by Joe Luppino-Esposito, Bob Williams | April 15, 2015

      States have a few tricks up their sleeves to hide true pension liabilities.

    • Arizona, California, Illinois, Kansas, Kentucky, Louisiana, Maryland, Michigan, Nebraska, New Hampshire , Pennsylvania, West Virginia

      Williams Report - January 20, 2015

      State Budget Solutions | by Bob Williams | January 20, 2015

      Join us on Twitter today by following @StateBudgets and tweeting with the hashtag #SBSBob.

       

       

    • Promises Made, Promises Broken 2014: Unfunded Liabilities Hit $4.7 Trillion

      State Budget Solutions | by Joe Luppino-Esposito | November 12, 2014

      State Budget Solutions' latest research reveals that state public pension plans are underfunded by $4.7 trillion, up from $4.1 trillion in 2013. Overall, the combined plans' funded status has dipped three percentage points to 36%. Split among all Americans, the unfunded liability is over $15,000 per person. 

       

    • California, Kansas, Kentucky, Michigan, New Hampshire , North Carolina , Maryland, Minnesota, Maine , Nevada, Virginia, Washington

      Williams Report - October 6, 2014

      State Budget Solutions | by Bob Williams | October 6, 2014

      Join us on Twitter today by following @StateBudgets and tweeting with the hashtag #SBSBob.

    • California, Maryland, Pennsylvania, Virginia, Washington, Wisconsin

      Williams Report - September 29, 2014

      State Budget Solutions | by Bob Williams | September 29, 2014

      Join us on Twitter today by following @StateBudgets and tweeting with the hashtag #SBSBob.

    • California, Illinois, Michigan, Missouri, New Jersey, Utah, Vermont, Virginia, Washington

      Williams Report - September 15, 2014

      State Budget Solutions | by Bob Williams | September 15, 2014

      Join us on Twitter today by following @StateBudgets and tweeting with the hashtag #SBSBob.


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