Tom Sheehy, who has more than 25 years of experience in executive and advisory positions in California state government affairs including working as an executive in the Governor’s cabinet including as the  Chief Deputy Director of the California Department of Finance, has penned an article that lays out where the state currently stands economically.

He concludes, “California has made really impressive progress the last three years on its fiscal situation. Governor Brown and the Legislature deserve a lot of credit for making smart fiscal moves. They have also benefitted significantly from national and state economies rebounding from the great recession, as well as taxpayers’ willingness to increase their own taxes – albeit with a sunset. If policy makers can resist the temptation to ‘spend it all’ in one year, and instead plan for the future, and if voters approve the Proposition 2 rainy day fund, California can experience balanced budgets and fiscal stability into the future.”

Click here to read the full article.

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