Thursday, May 31, 2018

Where things are now

The table above from the Legislative Analyst's Office (LAO) shows the difference between the governor's, senate and assembly version of the budget. Before the legislature can pass a budget, the senate and assembly versions must be combined into a unified compromise version. Although the three versions of the budget depend on different assumptions, the main difference is more revenue being assumed in the legislative versions which allow more spending and bigger reserves. As can be seen below, the senate version gives more to higher ed than the assembly version, although both give more than the governor proposed.


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