Well, it’s that time of year again. The holidays? Of course. But here at the CBP, we’re also anticipating the release of the Governor’s proposed 2014-15 budget, which will be unveiled on or before January 10. This release will kick off what is likely to be a lively debate in 2014 over how to allocate the state’s tax revenues in the fiscal year that begins next July 1.
As we noted in a blog post yesterday, we’ve updated our Dollars and Democracy guide, which is designed to help Californians navigate the often murky state budget process. This guide provides answers to questions such as:
- How is the budget bill different from other bills?
- What happens if lawmakers fail to pass the budget by midnight on June 15, the constitutional deadline?
- How many other states besides California require a supermajority vote of the Legislature to increase any state tax? (See map.)
As the budget debate unfolds in 2014, look to the CBP for timely and credible analyses of key budget and policy proposals — and their impact on low- and middle-income Californians.
— Scott Graves