Source: LAO
2014-2015 California's State Budget Infographic
- Details
October 24, 2014 - This infographic presents information about the current state budget (2014-15) and compares the level of spending and revenues assumed in the current budget to historical levels since 1950-51. As a share of personal income—one broad measure of the size of the California economy—state spending has been relatively flat since the late 1970s. Spending on health and human services and corrections programs has generally increased over the period, while spending on higher education and transportation programs has generally decreased. Since 1950-51, the personal income tax has replaced the sales and use tax as the predominant source of General Fund revenue.
Source: LAO
Source: LAO
