Attorney General No.
SA2005RF0014
Secretary of State No.
1098
Description
Continues previous fiscal year's budget if new state budget is delayed. Amends the minimum-funding requirement for schools/community colleges; increases opportunity to suspend funding and eliminates reimbursement obligation. Permits Governor to reduce state spending proportionally, with certain exceptions during fiscal emergency. Effectively restricts state and expands local government spending limits. Reallocates revenue above spending limit. Requires certain state fees/charges be enacted by 2/3 vote of Legislature. Restricts state bonds. Summary of estimate by Legislative Analyst and Director of Finance of fiscal impact on state and local governments: Potentially significant reduction in the growth in state spending beginning in 2006-07, accompanied by potential reduction in taxes and fees over time. Slower growth in the minimum funding requirement for K-12 schools and community colleges. Unknown net impact on educational spending from other provisions affecting school finance.
Proponents
John Campbell, Jon Coupal, Larry McCarthy
Date
3-10-2005
Document Type
Initiative
Qualified
Failed to Qualify
Recommended Citation
State Budget. School Funding. Fiscal Emergency. State/Local Spending Limits. Vote Requirement for Fees/Charges. Bonds. Initiative Constitutional Amendment. California Initiative 1098 (2005).
https://repository.uclawsf.edu/ca_ballot_inits/1238