PROP
31
STATE BUDGET. STATE AND LOCAL GOVERNMENT.
INITIATIVE CONSTITUTIONAL AMENDMENT AND STATUTE.
OFFICIAL TITLE AND SUMMARY
PREPARED BY THE ATTORNEY GENERAL
STATE BUDGET. STATE AND LOCAL GOVERNMENT. INITIATIVE CONSTITUTION AMENDENT AND STATUTE.
- Establishes two-year state budget cycle.
- Prohibits Legislature from creating expenditures of more than $25 million unless offsetting revenues or spending cuts are identified.
- Permits Governor to cut budget unilaterally during declared fiscal emergencies if Legislature fails to act.
- Requires performance reviews of all state programs.
- Requires performance goals in state and local budgets.
- Requires publication of bills at least three days prior to legislative vote.
- Allows local governments to alter how laws governing state-funded programs apply to them, unless Legislature or state agency vetoes change within 60 days.
Summary of Legislative Analyst’s Estimate of Net State and Local Government Fiscal Impact:
- Decreased state sales tax revenues of about $200 million annually, with a corresponding increase of funding to certain local governments.
- Other, potentially more significant changes in state and local spending and revenues, the magnitude of which would depend on future decisions by public officials.