For Immediate Release - June 14, 2018 - 916-319-2022 (W)
Sacramento – “Today, the California State Legislature passed its eighth on-time balanced budget in as many years. As Speaker pro Tem and a member of the Assembly Budget Committee, I am proud of the hard work done by all of the budget sub-committees, the two house conference committees in cooperation with Governor Brown and his staff.
The 2018-19 budget is fiscally prudent. The contributions this budget allocates to the Rainy Day fund brings its total to the maximum of $16 billion. This budget also creates a new reserve fund, the Budget Deficit Savings Account which was first proposed in the Assembly, providing even more savings to help us ride out future economic downturns.
I applaud the significant investment in Early Childhood Education, per pupil spending for students grades (K-14) and the CSU. This funding is critical to help make sure our students at all levels are benefiting from our education system.
While the new health care funding is well short of what we had hoped for, a road map has been established to seek ways to fund universal health care. Additionally, we increased funding statewide to address the homeless crisis prospectively.
I am pleased that I was able to secure $6 million for the State Coastal Conservancy to dredge sediment from the Redwood City Harbor. This sediment will be reused for much needed wetland restoration in the Bay which will sequester carbon while increasing shoreline resilience to sea level rise. I was also able to ensure $4 million in increased funding for the Deaf Access Program (DAP) which provides services to deaf and hard of hearing individuals. The DAP provides critical communications services for individuals who live in linguistically isolated households.
I look forward to working with the next Administration on further addressing our affordable housing crisis in the Bay Area along with the overdue modernization of our tax structure. We must work to lessen the volatility of our tax revenues and stabilize our revenues from year-to-year. We must also properly address unfunded pension liabilities so we may meet the pension obligations of public employees going forward.”