Attorney General No.
SA2004RF0003
Secretary of State No.
1047
Description
STATE AND LOCAL APPROPRIATIONS LIMIT. SCHOOL FUNDING. STATE MANDATES. BONDS. INITIATNE CONSTITUTIONAL AMENDMENT. Eliminates local government appropriations limit. Amends state appropriations limit to apply to expenditures from all sources of money; eliminates exemptions. Adjusts next year spending if current year spending falls below appropriations limit. Permits spending increase during emergency. Repeals Proposition 98 revenue transfers above appropriations limit to community college and school districts for instructional improvements, accountability. Allocates General Fund revenue above appropriations limit to specific funds/purposes. Specifies requirements for state reimbursement of local government mandates. Restricts debt issuances and when General Obligation bonds can be voted on. Summary of estimate by Legislative Analyst and Director of Finance of fiscal impact on state and local governments: This measure would have the following major fiscal impacts: potentially major reduction in state spending in 2005-06; state spending restrained below current-law levels in future years, with reductions primarily in nonschool spending; reserve provisions may "smooth-out" state spending over time.
Proponents
Jon Coupal, President,Howard Jarvis Taxpayers Association, 921 Eleventh Street, Suite 1201,Sacramento, CA 95814, (916) 444-9950; Larry Mcarthy, President, California Taxpayers Association, 215 K Street, Suite 1250, Sacramento, CA 95814 (916) 930-3102; Hon. John Campbell Member of the California State Assembly, 70th District, State Capitol, Sacramento, CA 95814, (916) 319-2979
Date
3-16-2004
Document Type
Initiative
Qualified
Failed to Qualify
Recommended Citation
STATE AND LOCAL APPROPRIATIONS LIMIT. SCHOOL FUNDING. STATE MANDATES. BONDS. INITIATIVE CONSTITUTIONAL AMENDMENT. California Initiative 1047 (2004).
https://repository.uclawsf.edu/ca_ballot_inits/1204