Budget Update Welcome Back. Diana Keelen August 17, 2012. “While the California budget is uncertain, there is one thing that is certain, it will change.”. California State Budget. Deficit is $14.7 billion Assumes the passage of Proposition 30: Schools and Public Safety Act in November
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August 17, 2012
Preliminary Figures/Unaudited Actuals
As of 8/13/2012
2013-2014 and beyond assumes 4% increase if tax package passes will most likely go to deferral buy down