Posts Tagged: General Fund
Opinion
OPINION – While we understand creative solutions are necessary to pull California out of its current budget situation, and we’re not the only community that could be hit hard with cuts and delays, the reality is that our state’s most vulnerable population is at risk. It’s critical policymakers and the Administration take a closer look at what programs and services they are considering and how those served would be impacted.
Micheli Files
Like all things with government, there are a plethora of rules related to the California budget process. The provisions of law related to the State Budget are primarily contained in Section 12 of Article IV of the state Constitution. What are these provisions?
Opinion
OPINION – California has experienced an alarming decline in available dollars for the Crime Victims Fund. These sharp drops in funding for California nonprofits will directly result in victims of crime not being able to access much-needed services.
Analysis
Does California have to adopt a “balanced budget”? The short answer is yes. But there are several interesting aspects to this legal requirement.
Opinion
Lawmakers must work together to commit the funding and ensure that low-income communities are not left out of the state’s clean energy transition.
Opinion
OPINION: As part of the 2020-21 state budget accord, the governor and Legislature enacted AB 85, a budget trailer bill that enacted several tax law changes, including a three-year suspension of the net operating loss deduction and a cap on the use of business tax credits.
Opinion
OPINION: The recent flurry of stories about small business woes often miss an important part of the picture: Small businesses’ role in helping fund government’s important responsibilities. Consider the City of Placerville. Located in El Dorado County with the original colorful Gold Rush era monikers, the sometimes controversial Hangtown and the more staid Dry Diggings, the city is a tourist draw housing a number of buildings on the National Register of Historic Places.
News
A bipartisan group of state legislators are urging increased funding for California’s 84 rape crisis centers as reports of sexual assault and domestic violence rise under COVID-19 shelter-in-place orders.
News
The price tag for refinancing California’s unique and ambitious stem cell research program could run to close to $7.8 billion, give or take a few hundred million dollars or more. So says the state’s legislative analyst in a financial analysis of a proposed ballot initiative that is likely to be on next November’s ballot.
News
California’s 84 rape crisis centers are in a funding crisis. While California has experienced a steady rise in the number of reported rapes (over 5% per year since 2015), the state’s annual General Fund contribution to rape crisis centers over the past decade has been a miniscule $45,000.