California Legislative Analyst’s Office Warns Governor’s Budget Plan Appears Unconstitutional

Published on April 9, 2024

With the state facing a record deficit of $73 billion while carrying approximately $1.6 trillion in debt across local and state governments, the nonpartisan Legislative Analyst’s Office advised lawmakers that aspects of California Gov. Gavin Newsom’s budget proposal are potentially unconstitutional. At issue is a plan to apply an existing payment from the 2023-2024 fiscal year to the following year for the California Public Employees’ Retirement System, better known as CalPERS. “We think the proposal for redirecting 2023-2024 payments to pay for employer contributions in 2024-2025 would essentially be a supplanting payment,” Ann Hollingshead, principal fiscal and policy analyst for the analyst’s office, told The Epoch Times....

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