For the 11th Annual Developmental Disabilities Public Policy Conference, sponsored by The Arc California and United Cerebral Palsy California Collaboration, Director of Research Scott Graves presented on the governor’s proposed budget and prospects for additional investments in public services in 2018-19.
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California’s Rainy Day Fund and Other Budget Reserves Overview
key takeaway California’s state budget reserves, including the “rainy day fund” and other reserve accounts, serve as a financial safety net for services like education, health care, and child care during economic downturns. The rules for depositing and withdrawing funds are complex, and policymakers should consider reforms, such as excluding reserve deposits from the Gann … ContinuedBudget AcademyCalifornia Budget -
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5 Key Questions About California’s State Budget Reserves
How much money is in California's state budget reserves? When can the funds be withdrawn? How can the funds be used by the state?Budget AcademyCalifornia Budget
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