May Budget Revision – California Globe

Frequently Asked Questions about the May Budget Revision

February 7, 2024 6:51 amFebruary 7, 2024 6:51 am

What is the “May Revision”? The Governor’s Department of Finance explains that the May Revision reflects “changes to the Governor’s Proposed Budget based upon the latest economic forecasts.” The Office of Legislative Counsel, in its Glossary of terms, explains the...

Pitching Projects for Budget Funding

December 10, 2022 8:39 amDecember 10, 2022 8:44 am

Part of the California budget process, certainly when the State’s General Fund enjoys a surplus of revenues, is for legislators and interested parties to pursue funding for a specific project in California. For example, proponents may desire funding for a...

What Are the Department of Finance’s Required Reports to the Legislature?

December 9, 2022 7:08 amDecember 9, 2022 7:12 am

California Government Code Section 13308 requires five reports to the Legislature that must be submitted by the Director of the Governor’s Department of Finance (DOF). The state Constitution only requires the Governor to submit his or her budget within the...

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...