Several years of California tax surpluses can obscure some of the larger, perhaps more important long-term trends in how taxpayer dollars are spent.
and it appears that state general fund spending rose between 2020-21 and 2021-22 by an astounding $85.7 billion —Anotes the current year’s general fund spending includes $54.7 billion in one-time expenditures, items paid for with surplus cash. An additional $83.6 billion would be set aside for mandatory spending on public schools. Those expenditures, combined, account for about 56% of general fund spending in the fiscal year that ends June 30.
But they also don’t reflect the kinds of spending decisions for which lawmakers are often criticized, the ones on programs that expand and grow over time. The surplus and school dollars account for 46% of all general fund spending proposed by Newsom in the budget year that begins July 1. And in the budget year after that — which is only an idea at this point and not on the agenda of lawmakers — the governor proposes the surplus and schools, combined, would account for almost 44% of all general fund spending.Your support helps us deliver the news that matters most.
Bosler’s point was that the governor believes that inflation pressures aren’t soon going away and the state shouldn’t commit all of those dollars to expanding programs. It’s an important topic to watch as final budget talks begin with legislators — given that some of them may believe it’s OK to shrink the inflation buffer in order to leave more money for helping more of the state’s residents.
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