The Final 2014-15 Budget
On June 15, the majority party enacted their 2014-15 budget plan on a majority vote of the Legislature. Governor Brown signed the budget into law on June 20.
This edition of California Budget Fact Check examines how the final 2014-15 state budget impacts key spending priorities, and found that:
Despite increased revenue and savings in a new Rainy Day Fund reserve, the final budget missed the opportunity to repay more debt and save more for the future.
The final budget continues some of the mistakes of the past by using one-time money to launch or expand major entitlement programs.
It fails to fulfill the promise of the voter-approved Proposition 30 and spends dollars earmarked for education for other areas of state spending.