Boom, Bust, Repeat

Part 5: Spend unexpected revenues in ways that will make money in lean times
 150 150 Lenny Mendonca and Pete Weber
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Four ways California can provide itself some cover for the next economic downturn and not repeat the budgetary mistakes of the past

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Part 4: Spend growing revenues on reducing growing cost drivers
 150 150 Fred Silva
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As increased revenues roll in, budgetmakers must keep in mind long-term pension and health care obligations that will continue to take up more and more precious resources for years to come.

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Part 3: Budget rules will drive where much of the extra money goes–but not how it will be spent
 150 150 Fred Silva
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Even if most of this year’s revenue windfall does go to California schools and the rainy day fund, the conversation should not be over. Part 3 in our “Boom, Bust, Repeat?” series.

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Part 2: This is a boom, and it should be treated as a boom
 150 150 Fred Silva
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…some of which will go bust. Next story in series covers some California history that shows why the state needs to smartly prepare the budget for the next recession.

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Part 1: Revenues may be rolling in but state budget must heed lessons of past
 150 150 Lenny Mendonca and Pete Weber
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Boom, Bust, Repeat? – New series from CA Fwd explores how the state can smartly manage recent revenue gains to strengthen public programs for the long term.

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