SCAN Foundation: California’s Proposed 2012-13 Budget: Impact on California’s Seniors and People with Disabilities

Understanding the Problem

The governor estimates the General Fund budget deficit at $9.2 billion through the period ending June 30, 2013. Of this estimated deficit, $4.1 billion is attributed to the current 2011-12 fiscal year, and $5.1 billion is attributed to the 2012-13 fiscal year.1,2 In contrast, at this time last year, the Governor’s proposed 2011-12 budget projected a shortfall of approximately $25.4 billion.3 

The 2012-2013 Proposed Budget

The governor’s proposed budget projects expenditures totaling $92.6 billion General Fund in 2012-13, including $10.3 billion in cuts and revenues in order to balance the budget and build a $1.1 billion reserve. In his budget, the governor assumes that voters will approve his tax initiative in the November 2012 election, which would temporarily increase both the personal income tax on the highest income bracket and the sales tax by one-half percent. In total, the tax initiative would provide $4.4 billion in revenues to the General Fund. If the tax initiative fails to gain voter approval, then $5.4 billion in additional cuts would be triggered in 2012-13, including cuts to education, parks and other programs, with the greatest impact on K-14 education at $4.8 billion in reductions.1,2,4
There are no trigger cuts proposed to health and human services programs.

Budget Proposals Impacting Older Adults and  People With Disabilities

Integrate Medical Care and Long-Term Services and Supports for “Dual Eligibles”…

Continue Reading here: http://www.thescanfoundation.org/sites/default/files/TSF-Fact-Sheet-23_0.pdf

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  • LAAAC is managed by St. Barnabas Senior Services; Funded, in part, by Archstone Foundation.
  • St. Barnabas Senior Services

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