Download Budgeting in the states: institutions, processes, and by Edward J. Clynch, Thomas Lauth PDF

By Edward J. Clynch, Thomas Lauth

Budgeting is a primary task in nation govt, and annual or biennial appropriations are an important habitual judgements made by way of kingdom legislatures. Gubernatorial strategies replicate nation business enterprise software wishes and painting the coverage priorities of the executive govt. Legislative appropriations verify which company courses, gubernatorial coverage tasks and legislative constituencies obtain monetary help. funds execution judgements through nation firms ensure how the coverage judgements of the governor and legislature are literally applied. in brief, kingdom budgeting determines how much cash might be to be had for country spending, which regulations could be initiated and applied, and whose social and political values will succeed in kingdom governance.

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California, 5:28 P1: 000 GGBD019C02 C8013/Clynch July 20, 2006 26 Budgeting in the States however, has been here before. It faced and defeated a revenue crisis amounting to one-third of its general fund budget in 1991–1992, and it left a set of tools both on the revenue and expenditure side for guidance. It also left a pattern that included using 2-year plans in an annual-budget state and relying on borrowing in the capital market to close the tax revenue deficit in a state that has a requirement that the budget as presented be balanced.

7. Baldassare, 149. 8. Cal FACTS, 35. 9. Dollars and Democracy, 5. 10. Elisabeth G. Hill, Legislative Analyst, Addressing the State’s Fiscal Problems. Sacramento, CA: Office of the Legislative Analyst, December 19, 2001, p. 4. 11. Addressing the State’s Fiscal Problems, 5. 12. Dollars and Democracy, 14. 13. Baldassare, 249. 14. Baldassare, 213. 15. Baldassare, 213. For more on California and initiatives, see Fred Silva, The California Initiative Process: Background Material. San Francisco, CA: Public Policy Institute of California, 2000.

Ibid. 49. Cal FACTS, 17. 50. California’s Tax System: A Primer, Legislative Analyst Office, January 2001, chapter 2, Personal Income Tax, pp. 6–7. 51. ” 52. California’s Fiscal Outlook: 2002–2003—2007–2008, Legislative Analyst Office, November 2002, p. 18. 53. Governor’s Budget Summary, 2002–2003, p. 5. 5:28 P1: 000 GGBD019C02 C8013/Clynch July 20, 2006 California 31 54. Ibid. 55. Addressing the State’s Fiscal Problems, 7. 56. Addressing the State’s Fiscal Problems, 10. 57. Addressing the State’s Fiscal Problems, 11.

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