The Budget Conference Committee met for the first time today, and several members showed real concern for the budget’s effects on counties. They also bickered.
CSAC releases this year’s ERAF/Prop. 172 survey, which reflects the expectation of a statewide property tax decline and the $5.65 billion counties contribute to the state’s General Fund. And Prop. 172 allocations are falling even more dramatically.
State revenues are a couple billion higher than expected; what should they use the money on?
The Controller’s newly released revenue numbers are better than expected, especially sales taxes. But the state remains deep in debt.