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State Budget and Control Board. Budget Process for 2009–10 . Arnold Schwarzenegger and lawmakers are moving closer to resolving a $26 billion budget shortfall that has forced the state to … The governor announced Friday, Sept. 25, 2009 that, despite hundreds of millions of dollars in … The economy of the State of California is the largest in the United States, boasting a $3.2 trillion gross state product (GSP) as of 2019. Jan. 11, 2008: Gov. At the conclusion of their most recent session June 3, CSU Chancellor Charles B. Reed said that his goal is to provide an action plan developed in consultation with the presidents and trustees. 2011–12. SACRAMENTO — California faces a $54.3 billion deficit as the coronavirus pandemic hammers the economy, the state's worst budget gap since the Great Recession, state … For source information for the original shortfall estimates, see 29 States Faced Total Budget Shortfall of At Least $48 billion in 2009. California wrestled with its budget shortfall earlier than other states essentially because of a trick of timing. Changes California Budget Process. California State Legislature, 2009–10 session. Forecasting is likely to prove more accurate in annual budget states than in biennial budget states, possibly reducing the need for supplemental appropriations and special legislative sessions. The state park was on a list of parks that were vulnerable to closure due to state budget cuts. Gavin Newsom and the state legislature. For the California State University system, the worst-case budget would be equivalent to reducing enrollment by 50,000 students and laying off 4,000 to 5,000 employees. Executive Summary (View Mac Taylor's brief video summary of our major findings.). State of California Select Budget Year 2021-22 2020-21 2019-20 2018-19 2017-18 2016-17 2015-16 2014-15 2013-14 2012-13 2011-12 2010-11 2009-10 2008-09 2007-08 Governor's Proposed Budget Increases "Rainy Day" Budget Stabilization Fund State of California Legislative Constitutional Amendment - Majority Approval Required California State Controller's Office Budget On this webpage, find revenues and expenditures reported by 482 California cities in an open data format. On Friday, February 20, Governor Arnold Schwarzenegger signed a package of bills designed to revise the 2008–09 enacted budget and put into place a 2009–10 budget. Virginia. As you are aware, the state’s economic situation has deteriorated precipitously since the enactment of the 2008–09 budget last September. In signing the budget, the governor used his veto power to trim nearly $500 million more from the state budget, the subject of a protracted legislative battle over how to close the state's deficit.-- Bettina Boxall . California faces a budget gap of nearly $21 billion over its current and next fiscal years, according to the state government's budget watchdog agency, … 2009 Approved State Plan Amendments (SPA)

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