Reporting: Budget Reform Archives

Bolstered rainy day fund would benefit California business community

A restructured rainy day fund that captures spikes in capital gains revenue would lend a much needed air of stability to California's investment climate Read More

Categories: Governance Reform, Government, Budget Reform, Rainy Day Fund, State Budget

Reader Poll: Spend or save surplus funds?

During good economic times, state revenues grow. How should California use a state budget surplus? Read More

Categories: Reader Poll, Budget Reform, Rainy Day Fund, State Budget

Reform success shows California governable and no longer broken

The effects of elections and budget reform can't be ignored but there's also more work to be done to improve government and the economy here. Read More

Categories: Democracy, Elections, Governance Reform, Economy, Tom McKernan, Budget Reform, State Budget, Budget Reform, Elections, Governance Reform, State Budget, Tom McKernan

How the Rainy Day Fund is impacting education in California

As the public service that commands the lion’s share of general fund expenditure, perhaps no other area stands to benefit more than K-12 education. Read More

Categories: Budget Reform, Rainy Day Fund, State Budget, School Governance

CA Fwd on bipartisan rainy day fund legislation: “Meaningful” solution for “significant” problem

In testimony before the Senate and Assembly budget committees today, CA Fwd reiterated how important it is to manage spikes to end the cycle of boom-and-bust budgeting that has crippled the state’s fiscal system over the last decade—and caused billions in cuts to state programs. Read More

Categories: Jerry Brown, Budget Reform, Rainy Day Fund, Jerry Brown, State Budget

CA Fwd’s statement on the May Budget Revise

Gov. Brown offers a strong proposal backed by sound financial discipline to secure California's future Read More

Categories: Budget Reform, Rainy Day Fund, State Budget

Agreement on Rainy Day Fund bolsters California’s financial future

Although much talk has been about the severe drought facing California in 2014, today Sacramento safeguarded the state from the one rainy day we all do not want to see right now. Read More

Categories: Governance Reform, Budget Reform, Rainy Day Fund, State Budget

CA Fwd supports new Rainy Day Fund framework, highlights two ways to strengthen proposal

Governor to speak at special session of Legislature on fund that would capture funds during booms to be used in down times. Here's how the reform can be improved.  Read More

Categories: Jerry Brown, Budget Reform, Rainy Day Fund, Jerry Brown, State Budget

VIDEO: California Rainy Day Fund—an idea whose time has come

The California Legislature has convened the special session called by Governor Brown to consider a revised Rainy Day Fund. The action signals the beginning of what many believe is a long overdue public discussion. Read More

Categories: Budget Reform, Rainy Day Fund

Rainy Day Fund: Other states’ volatility is California’s lesson to learn

We’re in an upswing now. But we saw what happened last decade when everything was decidedly not hunky dory. Safety net services are the first to go, but the hole that this state had dug itself was so deep that cuts were made seemingly everywhere to get back in the black. Read More

Categories: Budget Reform, Rainy Day Fund, State Budget

California special session called for Rainy Day Fund

“We simply must prevent the massive deficits of the last decade and we can only do that by paying down our debts and creating a solid Rainy Day Fund,” said Gov. Brown.  Read More

Categories: Budget Reform, Rainy Day Fund, Accountability

CA Fwd releases report on how to build stronger budget reserve

With the governor’s actions dramatically increasing the likelihood of action this year, CA Fwd’s report offers a primer on why the rainy day fund has become such a pressing issue for state government. Read More

Categories: Budget Reform, Rainy Day Fund, State Budget, Accountability

California Forward’s written testimony on the Rainy Day Fund

Much of California’s recent fiscal instability has been aggravated by short-term decisions that led to boom-and-bust budgeting. Read More

Categories: Governance Reform, Budget Reform, Rainy Day Fund, State Budget

Gov. Brown’s State of the State address presents a California moving forward

This year's State of the State address shows how CA Fwd's governance and fiscal reforms are not only working, but have permeated the governing mantra of the state's chief executive.  Read More

Categories: Jerry Brown, Budget Reform, Rainy Day Fund, State Budget

Governor’s budget proposal brings fiscal prudence to California

Governor Jerry Brown’s proposed budget is a major step toward replacing governance based on boom-and-bust cycles in favor of a restrained approach where things don’t just fall apart when the next inevitable downturn comes along.  Read More

Categories: Jerry Brown, Budget Reform, Rainy Day Fund, State Budget

Why the governor’s budget makes California Economic Summit even more important

The Governor’s proposed budget is one of the few times every year voters can find out exactly the plan is for billions in new surpluses and how to keep the economic recovery churning Read More

Categories: Economy, Jerry Brown, Budget Reform, State Budget, Budget Reform, Jerry Brown, State Budget

Desert Hot Springs declares state of fiscal emergency

If money matters in the city of Desert Hot Springs, of Riverside County, don’t improve, the city will have to file for bankruptcy. Again. Read More

Categories: Government, Budget Reform, Accountability, Transparency

California’s surplus must be used wisely

Not only does focusing on outcomes create an atmosphere that reinforces the effective use of public funds, but it also helps to regain the trust of voters. Read More

Categories: Government, Budget Reform

Criticism of new school funding law misses the mark

Like all things that sound hunky dory, the law has drawn increasing caution, concern, and criticism, highlighted last week by a piece by EdSource’s Louis Freedberg on the potential weaknesses in the new school funding law. But some parts of his argument lack clarity in a manner that merits a response. Read More

Categories: Budget Reform, Accountability, School Governance

126 local governments called out by state controller for not filing financial books

Apparently some lessons are only learned the hard way as Bell and Stockton both showed up on a less-than-illustrious list recently. Read More

Categories: Budget Reform, Transparency

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