News

The Budget: By The Numbers

 34.9
The percent of the average “yes” vote for each of the five budget propositions on Tuesday’s special election ballot.
 
30,000,000
 The amount in dollars ($30 million) raised and spent by “yes” side—about ten times more than the “no” side
 
23
 The percentage of registered voters who turned out for the special election, according to preliminary figures from the secretary of state’s office. A contrast: Statewide turnout in last November’s presidential election was 79 percent.
 
21,300,000,000
The amount in dollars ($21.3 billion) of the shortfall that the state now faces in the wake of the defeat of Propositions 1A through 1E. The shortage would have been $15.4 billion had they passed.
 
73.9
 The percentage of the “yes” vote for the one measure that passed, Prop. 1F, which prevents legislators from getting pay raises in deficit years.
 
18
 The percent of pay cut for state elected officials that was approved the day after the election by the California Citizens Compensation Commission. The pay for rank-and-file legislators, those who are currently elected or who are elected in upcoming elections, will drop from $116,208 to $95,291.
 
5,000
The number of state job cuts announced by Gov. Arnold Schwarzenegger.
 
5,000,000,000
 The high end of cuts, in dollars, to education the governor has proposed.
 
2,000,000,000
 The amount in dollars that Schwarzenegger proposes to “borrow” from cities and counties. Incidentally, the cities and counties have said that they don’t want to loan the money.
 
6,000,000,000
 The amount the governor wants to borrow from Wall Street. He has asked the federal government to guarantee these loans.


Support for Capitol Weekly is Provided by: