Revenue Reform

CA Fwd offers policy framework for special legislative session on road funding
 150 150 Justin Ewers
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Legislature working on addressing a $59 billion-backlog in state road and highways maintenance, but so far, proposed fixes have been temporary solutions to a long-term infrastructure investment issue.

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Governor’s budget is good news not because it’s bigger–but because it’s better
 150 150 Lenny Mendonca and Pete Weber
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Spending plan takes a forward-looking approach to spending surging revenues, smartly making one-time investments for the long term rather than making all-around increases that will have to be cut next recession.

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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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California Should Stabilize Taxes, Soften Reliance on Volatile Sources, Group Says
 150 150 Laura Mahoney
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BNA story: California Forward set forward recommendations in the first in a series of reports regarding revenue that will be released during the next few months to explore the state’s choices.

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