rainy day fund

Potential School District Reserve Cap Drives Debate Over Prop 2

Oct 9, 2014
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.

Budget Tensions Emerge As Negotiating Lines Take Shape

May 15, 2014
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!”

Brown Calls Special Legislative Session on New Budget Reserve

Apr 16, 2014
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.