NEW!!! Understanding California’s Budget Process

With a budget of over $110 billion dollars, California ranks among the top ten economies in the world! Imagine the work that goes into preparing a budget of this magnitude…the entire process takes roughly one year. This eight minute video examines California’s budget process through the eyes of a family trying to balance their own budget. Emphasis is placed on the many players involved in the process, the constitutional constraints that dictate how the money is spent and the compromise needed to pass the budget with a 2/3 majority in the legislature.