SURVEY: CA Has a Record Surplus. How Should the State Spend Your Money?

On Friday, the Governor released his $300 billion May Revise to the Legislature to begin the budget process.
 
You can read it in full HERE.
 
He also announced that the state has an unprecedented $97.5 billion surplus.
 
Yes you read that number correctly.
 
And yet, during the second year of the 2021-22 session, California lawmakers have considered more than $190 billion in new taxes and fees
 
The state’s budget is overflowing with money. Can you say the same about your bank account?
 
Every day, Californians are being crushed by an affordability crisis. The average family is paying an extra $536 every month due to 40-year-high inflation, we lead the nation with an average price of $5.96 for a gallon of unleaded gas, and our residential electricity price is nearly 76% higher than the national average.
 
Furthermore, despite this massive surplus, resulting largely from over-taxation, the problems Californians are dealing with remain unaddressed. From record high gas prices, energy costs, rising crime, unaffordable housing, homelessness and poverty, lack of drought planning, and increasing wildfire danger, our list of crises continues to grow.
 
Each year, the state budget continues to increase, yet we’re still talking about the same problems that have plagued us for years and, in some cases, decades. The majority party keeps making the same mistakes and expecting different results.
 
We need to provide immediate relief while also reducing the tax burdens driving California families and businesses out of state. Californians deserve long-term, structural solutions that focus on affordability, quality of life, and reducing the high cost of living.
 
It’s time to return to the basics: the state must live within its means, stop reckless spending, reduce the tax burden, and make needed long-term one time infrastructure investments.
 
Now the month-long budget negotiations begin, and hopefully, we can work towards achieving comprehensive, bipartisan solutions.
 
To meet the constitutional deadline, the California State Budget must be passed by the Legislature by midnight, June 15th.
 
 
What the Governor’s spending plans include:
 

  • $128.3 billion for kindergarten through 12th grade education programs
  • $23.3 billion to be allocated to the Rainy Day Fund
  • $11.5 billion to be distributed to all vehicle owners at $400 per vehicle, limited to two vehicles.
  • $9.5 billion in climate investments
  • $2.7 billion for emergency rental assistance
  • $2.1 billion for tax credits and grants aimed at encouraging business relocation and growth, prioritizing luring companies from states considered to have anti LGBTQ+ and reproductive rights laws
  • $2 billion for affordable housing production
  • $2 billion to fund the state’s COVID-19 SMARTER plan
  • $1.4 billion for overdue utility bill assistance
  • $57 million to expand access to abortion services
  • $933 million for health care workers bonuses
  • $750 million for free public transit
  • States the intent of the Administration to close up to three additional state prisons by 2024-25.

 
 
What the spending plans should include:

 

  • Gas Tax Holiday: Immediately suspend the CA Gas Tax to reduce the cost at the pump by 51 cents a gallon and backfill the funding with part of the surplus
  • Construction of new water infrastructure and storage projects to prepare for long-term droughts
  • Accelerate wildfire prevention and forest management projects to reduce the risk of catastrophic wildfires
  • Target mental illness and substance use disorders to reduce homelessness
  • Reduce government-imposed debt for job creators by paying down the state’s $18 billion unemployment debt created by pandemic-related shutdowns.
  • Increase the renter’s tax credit
  • Invest in law enforcement and public safety programs
  • Repairing and building of bridge and road infrastructure to improve road conditions and reduce traffic

  
What Do You Think?
 
This record surplus is your money.
 
The state needs to be responsible and accountable for the spending of your taxpayer dollars.
 
Please take a moment to answer a few questions and let the voice of our 67th District be heard in Sacramento.
 

TAKE THE BUDGET SURVEY