Establishes two-year state budget. Sets rules for offsetting new expenditures, and Governor budget cuts in fiscal emergencies. Local governments can alter application of laws governing state-funded programs. Fiscal Impact: Decreased state sales tax revenues of $200 million annually, with corresponding increases of funding to local governments. Other, potentially more significant changes in state and local budgets, depending on future decisions by public officials.
Popular Vote Results
Initiative Constitutional Amendment and Statute
Hon. Cruz Reynoso, California Supreme Court Justice (Retired)
Sarah Rose, Chief Executive Officer, California League of Conservation Voters
Rebuttal Against Author
Bill Hauck, Former Chairman, Cailfornia Constitution Revision Commission
STATE BUDGET. STATE AND LOCAL GOVERNMENT. California Proposition 31 (2012).