CA: Governor unveils 2006-07 budget ($125.6 billion)

AP - LA Daily News ^ | 01/10/2006

[Amerigomag]

Using the search string "fees", inside the .pdf doc, 185 instances are found, most in the appendices, home of the spreed sheets. Will take a few days to research.

[calcowgirl]

I think you and I are talking about two different things. I was just trying to figure out the makeup of the 125.6 Billion dollar total budget. I found the 3 billion (or 2.7 billion) I was looking for. I had missed the "Select Bond Fund expenditures."

Re your comments, which pdf document are you looking at? I couldn't find the chart you were talking about.

[NormsRevenge]

Governor's proposed budget plan at a glance

The Associated Press

http://www.bakersfield.com/state_wire/story/5820331p-5836389c.html

Gov. Arnold Schwarzenegger proposed a $125.6 billion spending plan for the 2006-2007 fiscal year that does not raise taxes. It also seeks to pay off state debts to reduce the anticipated shortfall next year. Some details from the budget plan released Tuesday:

WINNERS
- Education: Proposes a record $54.3 billion for kindergarten through 12th grade education and community colleges. The governor's plan would provide $1.7 billion more than is required under the Proposition 98 funding guarantee and would increase per student spending to nearly $11,000 a year.

- Proposition 49: After-school programs approved by voters in 2002 will receive $428 million, the first funding ever for the program. Schwarzenegger sponsored the measure and helped get it approved.

- Public Health: Proposes $170 million aimed at providing health care over the next two years to 300,000 children that are now uninsured. The budget proposes $72 million to help counties and state agencies enroll children into public health care programs and another $100 million to help pay for the medical care.

- Transportation: Provides $1.2 billion to fully fund Proposition 42, a measure that dedicates a portion of the sales tax on gasoline for highway improvements. The governor also proposes $920 million to repay a loan taken from the same fund.

- State universities: Funds the University of California and California State University systems without proposed fee increases that would have cost students a combined $130 million next year.

LOSERS

- Welfare Recipients: Delays a cost-of-living increase in payments to 1.2 million blind, elderly and disabled residents, saving $233 million over the next two years.

- Childcare: Cuts $199 million from childcare programs aimed at helping welfare recipients returning to the work force.

- Education: Even with the additional money schools will receive, educators say they are owed $4 billion more under a budget agreement they made with Schwarzenegger in 2003. They also are concerned they could lose another $500 million because of the way the administration is proposing to account for the Proposition 49 after-school programs.

[calcowgirl]

LOL. I can't quite figure out the format of the various documents on the website. I wish they had an overall outline. Have fun researching! Please report back! :-)

On a related subject, can you help decipher this one? What "deficit" is he measuring at $4.7 billion?

http://abclocal.go.com/kgo/story?section=politics&id=3799744

He said the state took in $7 billion dollars more in revenue than expected, enabling him to avoid significant cuts.

Gov. Arnold Schwarzenegger, (R) California: "We are protecting local government. We are protecting education and health care for our children. And we do not raise taxes."

The Governor could have used the extra $7 billion dollars to wipe out nearly all of the deficit.

But in this election year, he's putting the windfall towards things like paying back some money he borrowed from schools, paying down the state's bond debt, and making sure gas tax money will be spent on roads instead of balancing the budget.

The $16 billion dollar budget deficit the state faced when Schwarzenegger took office is now much lower.

Gov. Arnold Schwarzenegger: "It goes down, down, down. We're down to $4.7 billion dollars."

[calcowgirl]

Are you feeling lonely without the spin machine?
I was kind of enjoying the peace. :-)

[Amerigomag]

which pdf document are you looking at?

"2006-2007 Proposed Budget.pdf" available here

[NormsRevenge]

Proposed Budget Summary
http://www.ebudget.ca.gov/BudgetSummary/BSS/BSS.html

Proposed Budget Detail
http://www.ebudget.ca.gov/agencies.html

California State Budget
http://www.ebudget.ca.gov/home.htm

[Amerigomag]

What "deficit" is he measuring at $4.7 billion?

From the budget proposal:

Under the 2006‑07 GovernorÂ’s Budget proposal, the estimated operating deficit in 2006‑07 is approximately $6.4 billion — marking $10 billion of progress in just over two years. After adjusting for prepayments or repayments of prior obligations, the 2006‑07 operating deficit is approximately $4.7 billion or nearly $12 billion of improvement.

[calcowgirl]

Thanks. I was working off of a mirrored site - they seem to be the same.
http://govbud.dof.ca.gov/

I found quite a few pdf files, but not the specific file Amerigomag refers to ("2006-2007 Proposed Budget.pdf" ). For example, I found these available in PDF:
FullBudgetSummary.pdf
RevenueEstimates.pdf
DemographicInformation.pdf

And, the schedules offered at this webpage:
http://www.ebudget.ca.gov/BudgetSummary/SCD/1249579.html

What am I missing?

[Amerigomag]

What am I missing?

Nothing.

As long as we all work off the same doc it doesn't matter. I prefer the official version at the California Department of Finance website which is approximately 2.8 MB.

[calcowgirl]

I prefer the official version at the California Department of Finance website which is approximately 2.8 MB.

Okay. I got it then (I hope). FullBudgetSummary.pdf is 2853KB (even though the website said it shoud be 2141KB)

To access the entire Budget Summary document in a printable format (pdf), click here:  

Budget Summary - All Chapters (pdf * - 2141K)  
ftp://ftpgovbud.dof.ca.gov/pub/BudgetSummary/FullBudgetSummary.pdf

In that document, I also found Genest's description of the deficit:

When you took office you inherited over $22 billion in accumulated debt and an estimated structural budget deficit of $14 billion in 2004-05, which was anticipated to grow to $16.5 billion by 2006-07 unless steps were taken to reduce it.... The budget does not entirely solve the state’s structural budget problem, but we have taken major steps toward completing that goal. With this budget, the operating deficit is reduced to $6.3 billion. Since the budget includes $1.6 billion for repayment of debt, including $460 million to pre-pay the Economic Recovery Bonds, the effective operating debt is $4.7 billion, which is 72 percent less than it was projected to be for 2006-07 when you took office. While there is still work to be done to put the state on solid financial footing, we are much closer today than we were only two years ago. The work-out plan is working.

[Amerigomag]

As long as wer're at it, let's agree on a convention to save confusion. Will it be the page number in the table of contents or the page number at the bottom of the Adobe Reader presentaion?

[calcowgirl]

LOL. I prefer PDF page numbers, but I can deal with either.

[calcowgirl]

Here's some reference numbers comparing enacted budgets to the current proposal. 

I added the "Change" and "Percent Change" rows.  The rest is raw data from sources noted.

	General Fund	Special Funds	Selected Bond Funds*	Budget Total
2003-04 Total Budget And Bond Programs As Changed	71,136,964	20,537,903	7,468,538	99,143,405
2004-05 Total Budget And Bond Programs As Changed	78,681,001	23,701,076	2,995,257	105,377,334
2005-06 Total Budget And Bond Programs As Changed	90,025,960	23,332,837	4,003,719	117,362,516
2006-07 Budget Proposal  - January 2006	97,901,837	25,023,542	2,677,952	125,603,331
Change:  2003-04 to 2006-07	26,764,873	4,485,639	-4,790,586	26,459,926
Percent Change	37.6%	21.8%	-64.1%	26.7%

 

* Selected bond funds are general obligation bond funds which have traditionally been shown in overall expenditure totals displayed in the governor’s budget.
The specific funds are listed in the ’description of fund classification in the state treasury’ included in the appendix of the governor’s budget.

Sources:

Enacted Budgets (per Final Change Book)
http://www.documents.dgs.ca.gov/osp/GovernorsBudget/pdf/2003-04fbudsum.pdf
http://www.documents.dgs.ca.gov/osp/GovernorsBudget04/pdf/fchgbook_04.pdf
http://www.documents.dgs.ca.gov/osp/GovernorsBudget05/pdf/fchgbook_05.pdf

Proposed Budget
ftp://ftpgovbud.dof.ca.gov/pub/BudgetSummary/FullBudgetSummary.pdf

[calcowgirl]

WWMD (what would McClintock do)

This might give some indication. (source)

Senator Tom McClintock
Date: January 10, 2006
Publication Type: Press Release

Senator Tom McClintock today issued the following statement concerning the Governor’s budget proposal for 2006-2007:

“Today the Governor released his budget proposal for the 2006-2007 fiscal year.

“It projects general fund spending of $97.9 billion with income of $91.5 billion, for a general fund operating deficit of $6.4 billion. This brings the accumulated three year operating deficit to $9.8 billion.

“This deficit is funded entirely with borrowed funds from Proposition 57, approved by voters in 2004. Although the public was promised that this bond would only be used to pay for past deficits, it is in fact being used to cover deficits for 2004 ($0.6 billion), 2005 ($2.9 billion) and now 2006 ($6.4 billion).

“In November, the Legislative Analyst projected that if nothing were done to rein in spending, the 2006 budget would consume $95.1 billion. The governor proposes spending $2.8 billion above this figure.

“In the last three years, combined population and inflation will have grown 16 percent; revenues 19 percent; spending 25 percent. For the budget year, combined population and inflation will increase 4 percent; revenues 5 percent; spending 9 percent. Revenues continue to outpace inflation and population; spending continues to outpace revenues.

“I have always applied two fundamental tests to a budget: it must be balanced within existing revenues and it must contain a prudent reserve. The proposal as submitted to the legislature fails both tests.”

[b9]

“I have always applied two fundamental tests to a budget: it must be balanced within existing revenues and it must contain a prudent reserve. The proposal as submitted to the legislature fails both tests.”

Governor McClintock.
I wish.

[Czar]

Interesting, isn't it, that FO rarely shows up when the evidence is so overwhelming that Arnold the Magnificent was, is now, and will always be a RINO liberal desperate to maintain appearances as a "moderate".

This guy has turned out to be every bit as bad as Gray Davis, and actually may eventually morph into something far worse.

Where is the Recall Petition?

[calcowgirl]

I believe that transformation has already occurred.
He's now challenging the Bustamante threshold.