Tag: Rainy Day Fund
Governor’s Prudent Budget Adds to Rainy Day Fund
Governor Edmund G. Brown Jr, this week proposed a prudent and balanced state budget for 2017–18 that eliminates a projected $2 billion deficit and...
May Budget Revision: Amid Declining Revenue Growth, Governor Holds Spending Line, Makes Saving a Priority
On May 13, Governor Edmund G. Brown Jr. released his May Revision to the California state budget. In addition to the budget numbers, graphs...
Finance Director Recaps Budget for CalChamber
Managing state finances with a long-term view is a guiding principle for the Governor’s budget proposal for 2016–17, California Finance Director Michael Cohen told...
Californians Show Grit, Imagination in Hard Times
The ability of Californians to respond to challenges with imagination and innovation was a recurring theme in remarks at the 90th Annual Sacramento Host...
Legislative Analyst Projects More Revenue; Echoes Governor’s Call for Fiscal Restraint
The nonpartisan Legislative Analyst’s Office (LAO) this week released revenue projections a few billion dollars higher than estimated in the Governor’s budget plan, but...
Governor Holds Steady on Prudent Spending Plan
Warning that a recession is inevitable, Governor Edmund G. Brown Jr. dampened spending expectations even as higher revenues have poured into state coffers.
Overall, the...
Voters, CalChamber Agree: Support Water Supply/Storage, Rainy Day Fund
California voters this week overwhelmingly passed California Chamber of Commerce-supported Proposition 1, the water bond, and Proposition 2, the rainy day reserve measure.
CalChamber President...
California Newspapers Endorse Propositions 1, 2
With the General Election just around the corner, newspapers up and down the state have published editorials urging a “yes” vote on California Chamber...
Video Highlights Reasons to Support Propositions 1 and 2
The California Chamber of Commerce is joining Governor Edmund G. Brown Jr. in supporting Propositions 1 and 2 on the November ballot. These measures...
Yes on Proposition 2 to Prevent Boom-and-Bust California Budgets
Benjamin Franklin said the only two certainties in life are death and taxes. In California, add two more: drought and boom-and-bust tax revenues. What...
