The Budget Overview
Each year the Governor and Legislature work together to pass the state’s annual budget that determines how our taxes will be spent on state funded programs like education, healthcare, and human services.
For the last decade, California has
spent more than it had coming in, and often used short-term solutions and
borrowing to balance the budget.
This year, the budget proposed by the Governor for 2013-14 is largely balanced, with additional funding for K-12 and higher education, but few proposals to restore reductions made to other programs over the last several years.