SACRAMENTO—State Director of Finance Ana Matosantos today issued the following statement in response to today’s comments on the May Revision from the Legislative Analyst’s Office:
“We are pleased that the LAO’s analysis confirms that the May Revision is a credible plan that will balance the budget while protecting education, public safety, and other core services. The Analyst commends the Governor for putting forward a fiscally responsible plan that would make major strides toward dismantling California’s massive wall of debt. We understand that our schools and local governments want a final budget so they can make plans for next year – so it’s vital to get this choice before voters without delay.”
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