rainy day fund

Election 2014
12:30 pm
Thu October 9, 2014

Potential School District Reserve Cap Drives Debate Over Prop 2

Credit Joe Moore / Valley Public Radio

This November, California voters will be asked to weigh in on Proposition 2 – the constitutional amendment that would create a state budget reserve. As Ben Adler reports from Sacramento, a little-known new law tied to Prop 2 has some school officials and parents upset.

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Government & Politics
2:46 pm
Thu May 15, 2014

Budget Tensions Emerge As Negotiating Lines Take Shape

Senate President pro Tem Darrell Steinberg (D-Sacramento) holds up a white board full of budget numbers as he meets with reporters at the state Capitol Wednesday.
Ben Adler Capital Public Radio

Just one day after Governor Jerry Brown put out his updated California budget proposal calling for fiscal austerity, Democratic lawmakers and interest groups wasted little time in pushing back.  Ben Adler has more from Sacramento on the battle lines shaping up as negotiations begin.

Chanting: “What do we want? / A sunny day fund! / When do we want it? / Now!”

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Government & Politics
7:18 pm
Wed April 16, 2014

Brown Calls Special Legislative Session on New Budget Reserve

Governor Jerry Brown's Director of Finance, Michael Cohen, discusses the governor's "rainy day fund" proposal with reporters at the Capitol Wednesday.
Credit Ben Adler / Capital Public Radio

California Governor Jerry Brown is throwing the full weight of his office behind his push for a new state budget reserve by calling the legislature into special session next week.  But Republicans say he’ll have to strengthen his proposal to win their support.  Ben Adler has more from Sacramento.

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