Assemblymember Phil Ting (D-San Francisco), Chair of the Assembly Budget Committee, released the following statement about California’s latest Fiscal Outlook from the Legislative Analyst’s Office (LAO):
Our historic 2021-22 budget has allowed us to make tremendous strides in improving the lives of so many Californians. Whether it was stimulus checks, rent relief, greater educational opportunities, or expanded safety net programs, including healthcare, we have helped millions navigate through some pandemic-driven hardships. Our strong financial standing also made it possible for us to reimagine the state’s future, helping us create new programs, such as transitional kindergarten, climate resiliency, more housing and universal school meals. It’s our job now to provide oversight, making sure we follow through on those commitments and that these new investments are working.
The LAO’s fiscal outlook signals optimism. As we continue on the path to economic recovery, additional surpluses will enable us to do more for struggling families and businesses. Combine that with the funding from the federal infrastructure package, we can stay the course, building a stronger California that’s inclusive of all communities. I will be releasing the Assembly Budget Blueprint next month that will spell out our priorities in the coming year. I look forward to working with the Governor and the Senate in crafting another responsible spending plan that touches all Californians.