Commentary

Part 5: Spend unexpected revenues in ways that will make money in lean times

Four ways California can provide itself some cover for the next economic downturn and not repeat the budgetary mistakes of the past Read More

Categories: Fiscal Reform, Budget Reform, Boom, Bust, Repeat, State Budget, Revenue Reform, Tax Reform, Budget Reform, State Budget, Tax Reform

Part 4: Spend growing revenues on reducing growing cost drivers

As increased revenues roll in, budgetmakers must keep in mind long-term pension and health care obligations that will continue to take up more and more precious resources for years to come. Read More

Categories: Fiscal Reform, Budget Reform, Boom, Bust, Repeat, State Budget, Revenue Reform, Tax Reform, Budget Reform, State Budget, Tax Reform

Part 3: Budget rules will drive where much of the extra money goes—but not how it will be spent

Even if most of this year’s revenue windfall does go to California schools and the rainy day fund, the conversation should not be over. Part 3 in our "Boom, Bust, Repeat?" series. Read More

Categories: Fiscal Reform, Budget Reform, Boom, Bust, Repeat, State Budget, Revenue Reform, Tax Reform, Budget Reform, State Budget, Tax Reform

Part 2: This is a boom, and it should be treated as a boom

...some of which will go bust. Next story in series covers some California history that shows why the state needs to smartly prepare the budget for the next recession. Read More

Categories: Fiscal Reform, Budget Reform, Boom, Bust, Repeat, State Budget, Revenue Reform, Tax Reform

Part 1: Revenues may be rolling in but state budget must heed lessons of past

Boom, Bust, Repeat? - New series from CA Fwd explores how the state can smartly manage recent revenue gains to strengthen public programs for the long term. Read More

Categories: Fiscal Reform, Budget Reform, Boom, Bust, Repeat, Rainy Day Fund, State Budget, Revenue Reform, Tax Reform, Economy, Smart Investment, Infrastructure, Leadership Council