General Government
9658 Budget Stabilization Account

Proposition 2, approved by voters in November 2014, replaces the Proposition 58 (2004) version of the Budget Stabilization Account (BSA) to build a stronger "rainy day" reserve while requiring accelerated debt pay down.

Beginning with the 2015-16 fiscal year, Proposition 2 requires a transfer from the General Fund to the BSA by October 1 of each year. This transfer includes fifty percent of the sum of 1.5 percent of estimated General Fund revenues and the amount of capital gains revenues over 8 percent of General Fund tax proceeds that is not required to fund Proposition 98. More.....

PROGRAMS Back to Top

Refer to the Program Descriptions for a description of programs operated by this state agency.

The following identifies budget documents for this state agency that are available in a printable (pdf) format.

Entire Budget Stabilization Account Budget (pdf * - 6K) in pdf format.
This document provides a printable format (pdf) of all budget information for this state agency. Note: Along with other information, this document includes the documents listed below.

Fund Condition Statements ONLY (pdf * - 2K)
This document provides a printable format (pdf) of only the fund condition statements for each fund administered by this state agency.

Detail of Appropriations and Adjustments ONLY (pdf * - 2K)
This document provides a printable format (pdf) of only the detail of appropriations and adjustments for this state agency.

Legal Citations and Authority
Includes the legal citations (state statutes, federal statutes, and court orders) for operation of department programs and activities.