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They'll spend it, of course.

While the piggy bank is not overflowing, it's heavy.

The unions who run California have an affinity for the rainy day fund as it evens employment in a downturn.

1 posted on 11/20/2019 3:09:00 PM PST by Mariner
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To: Mariner

Up Gavin Newsomes nose.............


2 posted on 11/20/2019 3:11:06 PM PST by mplc51
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To: Mariner

Return it to the taxpayers.


3 posted on 11/20/2019 3:11:16 PM PST by BenLurkin (The above is not a statement of fact. It is either opinion or satire. Or both.)
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To: Mariner

I live in CA. and I doubt this story with all of the illegals being supported etc. I highly doubt the state has this kind of money in their piggy bank!!!


4 posted on 11/20/2019 3:11:48 PM PST by Trump Girl Kit Cat (Yosemite Sam raising hell)
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To: Mariner

The tax payers can only move out so fast...


5 posted on 11/20/2019 3:12:47 PM PST by mrsmith (Dumb sluts: Lifeblood of the Media, Backbone of the Democrat/RINO Party!)
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To: Mariner
But the analyst’s office recommends the Legislature allocate no more than $1 billion of the surplus to ongoing expenses to avoid having to make cuts to programs during a recession.

Right...

6 posted on 11/20/2019 3:12:49 PM PST by gogeo (The left prides themselves on being tolerant, but they can't even be civil.)
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To: Mariner

The money will go for state employee pensions. The bought the state elected officials their jobs, and this is the reward


7 posted on 11/20/2019 3:13:53 PM PST by BigEdLB (BigEdLB, Russian BOT, At your service)
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To: Mariner

naturally, the commies in Sacramento will immediately refund the surplus to the taxpayers they extracted it from

and lower the state’s Highest-in-the-Nation tax burden

perhaps by repealing the state’s income tax!?

that would be a great step forward


8 posted on 11/20/2019 3:14:03 PM PST by faithhopecharity ( “Politicians are not , born; they are excreted.” Marcus Tullius Cicero (106 to 43 BCE))
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To: Mariner

My guess is the new gas tax tax they bait and switched to the general fund brought in this money.

Meanwhile the tax base is fleeing the Facism at a re order rate. Plus, it’s hard to run a silicon valley tech company without power...

This is like watching a train wreck in slow motion.


9 posted on 11/20/2019 3:14:04 PM PST by American in Israel (A wise man's heart directs him to the right, but the foolish mans heart directs him toward the left.)
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To: Mariner

Forest fire prevention? Haha, just kidding.


10 posted on 11/20/2019 3:16:34 PM PST by Vince Ferrer
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To: Mariner

7 billion dollar surplus? California? Are you sure this isn’t the Babylon Bee?


11 posted on 11/20/2019 3:17:37 PM PST by Tonytitan
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To: Mariner

To illegals.


12 posted on 11/20/2019 3:18:01 PM PST by SkyDancer ( ~ Just Consider Me A Random Fact Generator ~ Eat Sleep Fly Repeat ~)
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To: Mariner

Paging Joe Biden....

Joe Biden, California is on the telephone for you.


13 posted on 11/20/2019 3:18:12 PM PST by pacificus
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To: Mariner

Gosh, I wonder why the Federal Government isn’t running a surplus?


14 posted on 11/20/2019 3:18:19 PM PST by babble-on
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To: Mariner

there is no surplus....smoke and mirrors ...my bet is that the reality is a deciphit .


15 posted on 11/20/2019 3:18:24 PM PST by PCPOET7
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To: Mariner
Possibilities:
17 posted on 11/20/2019 3:20:20 PM PST by DannyTN
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To: Mariner

I live in the unincorporated area of a California county. They just informed us that there is not enough money for fire protection in our area. They want to charge an annual parcel fee for fire protection. I pay state income tax, property tax, almost 10% sales tax and now they want more. Spend that
$7 billion on state constitutionally mandated public protection.


18 posted on 11/20/2019 3:20:27 PM PST by artichokegrower
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To: Mariner

Creative accounting at its best.


19 posted on 11/20/2019 3:21:06 PM PST by RetiredTexasVet
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To: Mariner
Only, to me as a taxpayer, one question...

Have they paid back the unused high-speed railroad federal-funds as Trump demanded?

20 posted on 11/20/2019 3:22:10 PM PST by SuperLuminal (Where is Sam Adams now that we desperately need him)
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To: Mariner

Sorry, mathematical conclusions from the poor math party are not believable. Color me doubtful.


21 posted on 11/20/2019 3:22:58 PM PST by CincyRichieRich (Vote for President Trump in 2020 or end up equally miserable, no rights, and eating zoo animals)
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To: Mariner

Hmmm.... a drop from the $21.5 billion surplus this tax year for California down to a projected surplus of only $7 billion for the next tax year is quite a plunge for an economy that is booming.

Did California drastically lower its income, sales and gas tax rates? Or it something else going on?


23 posted on 11/20/2019 3:25:30 PM PST by House Atreides (Boycott the NFL 100% — PERMANENTLY)
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