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John Myers

@johnmyers

With no indication yet of whether #CABudget deadline day ends with a deal or a pro forma vote and ongoing talks between Newsom and legislative Dems, there's this thorny issue: the budget bill to be voted on today assumes a gubernatorial action that hasn't happened. (Thread)

The main #CABudget bill, #SB74, relies on the use of cash reserves from the state's "rainy day" fund. But under the provisions of Proposition 2 (2014), those funds can't be used without a gubernatorial declaration of a budget emergency. But... wait for it...

There's been no such emergency declared by Newsom.

An agreement on a budget plan could easily include such a proclamation. But suppose there's no deal today?

While #Prop25 only required a budget bill to be passed by midnight, this is the first time #Prop 2 cash is being used.

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