The Governor has signed the state's budget, but the final word on this year's budget actually lies with the voters—not lawmakers this year. Voters will decide through a November ballot initiative whether to raise $8.5 billion through increases to the state's income tax for California's highest earners and the sales tax. If that initiative fails at the polls, it will trigger cuts to schools and other programs to fill the gap. [...] Next 10's online California Budget Challenge (www.budgetchallenge.org) has just been updated so that Californians can tell state leaders in advance of the November election how they feel this final budget question should be answered.
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(San Francisco) – California voters pulling out their absentee ballots over the next few days and heading to the polls June 5th will be confronted with an unfamiliar ballot, and two hotly contested ballot initiatives.
As Californians grapple with further draconian cuts to education and social services as the deficit soars – again – to $16 billion, a budgetary bright spot has appeared on the horizon: the billions of dollars in revenues that will be generated onc
State rebates could offset electrical sticker shock, finds a new study.
As California policymakers discuss how to spend revenue generated by the state’s soon-to-be-launched carbon market, four related studies providing legal and economic analysis of different investment scenarios were released late Wednesday.
New Next 10 report seeks to better understand California’s cap-and-trade program and different alternatives for how the state can use the allowance value created under the cap-and-trade program.
New reports examine legal and economic impacts of allowance revenue expenditures
Starting later this year, California's cap-and-trade system to fight global warming will generate billions of dollars in revenue, as companies buy and sell permits to produce greenhouse gases. How should the money be used?
Gov. Jerry Brown on Monday proposed additional, deep state budget cuts and warned once again that even more cuts lie ahead if voters in November reject his tax-hike initiative.
To shed light on what is happening in California’s regions, Next 10 produced 13 regional Economic & Demographic Snapshots, as well as a Snapshot for the State of California, that summarize key regional demographic and economic trends, including population demographics, education attainment, household income, employment change by industry, unemployment levels, and job gains and losses.