Budget Information

Budget Information

Budget Bill Passes - June 16, 2012

 

Colleagues,

This afternoon, both the Senate and Assembly passed the AB 1464, the main budget bill, plus several other related trailer bills. While the main trailer bill has been sent to the Governor, a final deal between has not been agreed to between the Administration and the Legislature.

Key issues at stake largely surround the unwillingness of the Democrats to accept all of the cuts Governor Brown has proposed related to Cal Grants and CalWORKs. To restore some of these reductions, the Democrats have reduced the Governor’s proposed reserve and are attempting to score some RDA dollars related to facilities pass-through as an offset to Proposition 98 costs, as the note from Diane Brady described earlier, today.

Given these disagreements, the Legislature has not yet passed all of the relevant trailer legislation needed to implement the budget (including education), and negotiations are expected to continue over the next few days. It’s not clear at this time if the Governor will veto the budget sent to him this afternoon or persuade the Legislature to send him legislation that amend the budget and address his concerns.

More news to come over the next few days, I’m sure.

Regards,

Dan Troy

 




Budget Information
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Last Updated: 6/22/12