Tag: Gann Limit
Frequently Asked Questions about California Budget Terminology
There are some common terms and phrases regarding the California Budget that readers should be familiar with, and which are defined by the Office of Legislative Counsel and the Department of Finance on their respective websites. What are the A-Pages?...
Gov. Gavin Newsom and the Democrat Supermajority are Coming for Your $$$
California Governor Gavin Newsom has a gaping $73 Billion budget deficit. Gov. Newsom and the Democrat supermajority Legislature will be searching in every crevice and corner of the Capitol, under every couch cushion, and coat pocket in order to backfill...
Will Taxpayers be Robbed (Again) in 2022?
And “historic” is the right word for California’s staggering tax windfall. Governor Gavin Newsom recently announced he expects the state to be sitting on a budget surplus of nearly $100 billion this year. That spare mountain of money equals the...
Legislative Analyst Warns CA May Face Budget Shortfall as Early as Next Year
The California Legislative Analyst’s Office (LAO) issued a warning on Tuesday that California may be facing a budget shortfall as early as next year due to to the increasingly likelihood of a recession, inflation, and Governor Gavin Newsom’s spending plan...
Why Are Folks Talking About the Gann Limit or the State Appropriations Limit?
In the past few years, but particularly this year, lots of people in and around the Capitol are talking about the “Gann Limit” or the “State Appropriations Limit,” often referred to as “SAL.” So, what is the SAL or the...
California State Budget Lingo
Now that California’s budget session is in full swing, a brief review of key terminology is warranted. The phrases that readers should be familiar with are defined by the Office of Legislative Counsel and the Department of Finance on their...