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Keyword: budgetforecast

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  • CA: Budget forecast includes a call to repeal after-school aid initiative

    11/17/2005 9:01:09 AM PST · by NormsRevenge · 4 replies · 298+ views
    San Diego Union - Tribune ^ | 11/17/05 | Bill Ainsworth
    SACRAMENTO – A little more than a week after voters rejected Gov. Arnold Schwarzenegger's four ballot measures, Legislative Analyst Elizabeth Hill repeated her call to repeal the after-school funding measure that helped launch the governor's political career, Proposition 49. Hill recommended the repeal yesterday during her annual budget forecast, which produced a rosy assessment about overall state finances, including a projected $4 billion increase in the state's current year budget reserve. The projected growth in revenues, according to the Legislative Analyst's Office and the state Department of Finance, will trigger the operation of Proposition 49 in fiscal 2006-07, which begins...