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California budget reform measure qualifies for ballot

Posted: June 26, 2012 8:00 p.m.
Updated: June 26, 2012 8:00 p.m.
 

 

SACRAMENTO, Calif. (AP) — An initiative intended to change the way state government manages its budget is headed for a vote in November.

The Secretary of State's Office certified the measure Tuesday after proponents gathered more than 800,000 valid signatures.

It's the 12th measure to qualify on the November ballot.

The initiative is promoted by the bipartisan group California Forward and would move the state to a two-year budgeting cycle. Legislators could not increase spending by more than $25 million without also making spending cuts or identifying new revenue sources in the same amount.

The measure also gives the governor more power to act in fiscal emergencies and requires performance reviews and goals for all state and local governments.

Backers include business and political leaders seeking solutions to the state's fiscal and political problems.

Copyright 2012 The Associated Press.

 

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