- Increases size of state "rainy day" fund from 5% to 12.5% of the General Fund.
- A portion of the annual deposits into that fund would be dedicated to savings for future economic
downturns, and the remainder would be available to fund education, infrastructure, and debt
repayment, or for use in a declared emergency.
- Requires additional revenue above historic trends to be deposited into state "rainy day" fund, limiting
- Higher state tax revenues of roughly $16 billion from 2010-11 through 2012-13 to help balance the
- In many years, increased amounts of money in state "rainy day" reserve fund.
- Potentially less ups and downs in state spending over time.
- Possible greater state spending on repaying budgetary borrowing and debt, infrastructure projects, and
temporary tax relief. In some cases, this would mean less money available for ongoing spending.
- A YES vote on this measure means:
- Various state budgeting practices would be changed. In some cases, the state would set aside more money in one of its "rainy day" reserve funds. Higher state taxes recently passed would be extended for up to two years.
- A NO vote on this measure means:
- No changes would be made to state's current budgeting practices or its rainy day reserve funds. Higher state
taxes recently passed would end by 2010-11.
- Summary of Arguments FOR Proposition 1A:
- Yes 1A: REFORM OUR
SYSTEM. 1A forces budget
stability and accountability. It
strictly limits state spending and
mandates a bigger rainy day
fund--forcing politicians to save
more in good years to prevent
tax increases and cuts to schools,
public safety and other vital
services in bad years.
- Summary of Arguments AGAINST Proposition 1A:
- 1A is not what its
supporters promise. Why?
Because 1A: Treats the "Rainy
Day Fund" as a slush fund for
Pork Barrel spending ; Could
force service cuts even in good
times; Encourages unlimited tax
increases--doesn't stop them; Gives
unchecked power to Governor.
Vote No on 1A.
- Contact FOR Proposition 1A:
- Budget Reform Now
- Contact AGAINST Proposition 1A:
- Douglas Herman
790 E. Colorado Blvd.,
Pasadena, CA 91101
For General Information on California State Budget Issues and All May 19th Propositions
- Go to California State Propositions Page
- More Information on 1A
Secretary of State
Campaign Finance Data
Secretary of State
League of Women Voters
California Budget Project
Center for Governmental Studies and Easy Voter Guide
News Media Coverage
- In Depth
explanations of the measure, its provisions, fiscal effects, main arguments for and against, as well as a list of supporters and opponents.
- Easy Voter Guide
- Provides easy-to-read summary of what the proposition would do, its effect on the state budget, and what people for and against say.
KQED/FM Public Radio, SF
Google News Search
- California Report on Prop 1A
Part 1 and Part 2
- 4/20 and 4/21/09. Overview
- Forum: Proposition 1A
- 4/29/09. 55 min. Hosted by Michael Krasny w/ guests Wright, Myers, Kaye
- News coverage of Proposition 1A
- Note: This link to an external resource is offered strictly as a convenience for users interested in coverage by outside news organizations. The content is provided by organizations unaffiliated with Smart Voter and its partners, and no endorsement of any views expressed or guarantee of its accuracy is intended or implied.
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