General Government
9658 Budget Stabilization Account

Proposition 58, as approved by the voters in March of 2004, established the Budget Stabilization Account (BSA), and requires the State Controller to transfer a specified percentage of estimated General Fund revenues from the General Fund to the BSA. The Legislature may transfer, by statute, amounts in excess of the specified percentage to the BSA. In addition, the Governor, by executive order, may suspend the transfer to the BSA. Half of the funds transferred to the BSA will be used to retire Economic Recovery Bonds authorized in Proposition 57 (March 2004), up to $5 billion in the aggregate.


EXPENDITURES Back to Top
The following table presents proposed and revised budget year expenditures for this Department.
Expenditures January '13
Proposed*
May '13
Revised*
Change* % Change
Totals Expenditures (excluding Infrastructure)
$-
$-
$-
-
    Infrastructure
-
-
-
-
Totals, All Expenditures
$-
$-
$-
-

POSITIONS Back to Top
The following table presents proposed and revised budget year positions for this Department.
Positions January '13
Proposed
May '13
Revised
Change % Change
Totals, Positions - - - -

DETAILED EXPENDITURES BY STATE FUNDS Back to Top
The following table presents proposed and revised state fund expenditure amounts for the budget year by General Fund, special funds, and selected bond funds.
Expenditures January '13
Proposed*
May '13
Revised*
Change* % Change
General Fund
$-
$-
$-
-
Special Funds
-
-
-
-
Selected Bond Funds
-
-
-
-
Totals, State Funds
$-
$-
$-
-


ADDITIONAL INFORMATION Back to Top
Proposed Budget Detail - Budget Stabilization Account (January 2013)
Displays Proposed Budget Detail information for Budget Stabilization Account.