California's Budget
This January, Governor Jerry Brown released his proposed budget for 2012-2013. The Governor projects a $9.1 billion deficit and proposes to balance it with a mix of spending cuts and a tax package that would require approval of the voters in November 2012.
Senate Democrats have committed to fully vetting the Governor's proposed budget in public with input from all stakeholders. The Senate Budget and Fiscal Review Committee and its issue-specific budget subcommittees will begin that review January 19, 2012.
In May, the Governor will use updated revenue receipts to offer a revised budget. The Legislature has until midnight on June 15, 2012 to review, amend and pass a finalized 2012-2013 Budget.
Latest Updates
- Governor's May Revision of Proposed 2012-2013 State Budget
May 14 2012 - Senate Budget Committee Conduct Hearings on Governor's Medi-Cal and CalWORKs Proposals
March 5, 2012 - LAO Releases Economic and Revenue Update
February 28, 2012 - Reviewing the Governor’s Proposed Education Budget and Education Funding Reforms
February 24, 2012 - Senate Budget and Fiscal Review Committee's Quick Summary
January 6, 2012 - Senate President Pro tem Darrell Steinberg's Statement on Governor's Budget Proposal
January 5, 2012 - Governor Releases Proposed 2012-2013 Budget
January 5, 2012
In the News
- A little Brown wizardry needed to fix budget
May 17, 2012 - California's ratings unchanged despite bigger deficit
May 16, 2012
Senate Budget Subcommittees Continue Budget Review
Senate Budget subcommittees continue to meet with state agencies and departments to review the portions of the Governor's proposed Budget that are within their jurisdiction.
Here are the upcoming budget subcommittee hearings:
Wednesday, May 16, 2012
Subcommittee No. 2 On Resources, Environmental Protection, Energy And Transportation
2:30 p.m. or upon adjournment, Rules Committee - Rose Ann Vuich Hearing Room (2040) (Listen to Rose Ann Vuich Hearing Room (2040))
Thursday, May 17, 2012
Subcommittee No. 1 on Education
9:30 a.m. or upon adjournment of session - Room 3191 (Listen to Room 3191)
Subcommittee No. 4 On State Administration And General Government
9:30 a.m. or upon adjournment of session - Room 112 (Listen to Room 112)
Subcommittee No. 5 On Corrections, Public Safety, And The Judiciary
9:30 a.m. or upon adjournment of session - Room 113 (Listen to Room 113)
Friday, May 18, 2012
Subcommittee No. 1 on Education
Upon call of the Chair - Room 3191 (Listen to Room 3191)