March 23, 2022
We are currently looking at the best budget numbers in the entire history of our state. Last month, the Board of Equalization certified that the Legislature would have more than $10.4 billion available to appropriate for Fiscal Year 2023, which begins this July 1. A lot of people are very excited about that figure, including me. But when we start drilling down into those numbers, what we’ve learned from past budget years and how we prepare for those to come, it’s clear we need to take a thoughtful, conservative approach.