January 31, 2023
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Tag: Gann Limit

Will Taxpayers be Robbed (Again) in 2022?

May 25, 2022   2:23 amMay 24, 2022   4:08 pm
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...
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Legislative Analyst Warns CA May Face Budget Shortfall as Early as Next Year

May 18, 2022   12:22 pm
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...
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Why Are Folks Talking About the Gann Limit or the State Appropriations Limit?

February 17, 2022   9:11 amFebruary 17, 2022   9:18 am
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...
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California State Budget Lingo

February 7, 2022   7:24 pmFebruary 7, 2022   6:32 pm
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...
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What Does the ‘Taxpayer Protection’ Gann Limit Provide?

May 17, 2021   2:29 amMay 17, 2021   3:31 pm
There has been mention in the news recently of the “Gann Limit” and its impact on the California budget. The Gann Limit was enacted by Proposition 4, which was a measure adopted by the voters on the November 6, 1979...
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Gov. Newsom Transforms Taxpayer Protection into Welfare

May 14, 2021   2:30 pmMay 14, 2021   2:42 pm
California actually has a government spending limit, hard as that may be to believe, and Gavin Newsom is making a mockery of it, just as his predecessor did. In 1979, a year after signing off on the revolutionary Proposition 13,...
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