Fiscal Analyst Offers Early Take on ‘Prudent’ Jerry Brown Budget



The Legislature's nonpartisan fiscal analyst on Tuesday called Gov. Jerry Brown's new budget a "prudent" spending plan, while noting that the proposal might underestimate state revenue by up to billions of dollars through June.

The review follows Friday's release of a $113.3 billion state general fund proposal that includes paying down long-term debt and increasing budget reserves, while restoring few recession-era spending cuts to social services.

"The governor's budgeting philosophy continues to be a prudent one for the most part," the Legislative Analyst's Office said in its overview of the governor's budget for the fiscal year that begins July 1.


Read more here.

Print Friendly, PDF & Email