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).
EXPENDITURES Back to Top
The following table presents total enacted fiscal year positions and expenditures. These expenditures include all funding sources that support the state department's programs.
Expenditures Enacted
2007-08*
Positions
Dollars
Totals, Positions and Expenditures (excluding Infrastructure)
-
$-
    Infrastructure
-
-
Totals, Positions and All Expenditures
-
$-

DETAILED EXPENDITURES BY STATE FUNDS Back to Top
The following table presents enacted state fund expenditure amounts for the fiscal year by General Fund, special funds, and selected bond funds.
Expenditures Enacted
2007-08*
General Fund
$1,022,621
Special Funds
-1,022,621
Selected Bond Funds
-
Totals, State Funds
$-