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“California has to produce a budget that promotes job creation and makes economic sense. The California Jobs Budget will protect and create 465,000 jobs in the private sector and local communities while also protecting funding for schools, public safety, and a basic safety net.”

- Speaker John A. Pérez

The plan prevents 430,000 layoffs by:

• Protecting the jobs of over 35,000 teachers and other school employees, many of whom have already received pink slips
• Protects childcare programs that allow working parents to remain in the workforce and keep over 50,000 child care providers in business and their employees earning paychecks
• Making repayments to local governments that will help them avoid cutting as many as 20,000 critical public service jobs
• Maintains healthcare spending and safety net federal funds that together saves over 300,000 jobs
• Maintains some safety net to make sure California isn’t the only state in the nation without a welfare-to-work program

The plan spurs the economic recovery by:

• Providing $300 million for targeted programs that will create thousands to high-paying, private sector jobs
• Rejecting $3.4 billion in education cuts the governor has proposed, because a well-educated workforce is vital to the recovery
• Restoring cuts to the UC and CSU systems to maintain the world class university system at the heart of California’s innovative economy
• Providing full funding for Community Colleges and doubling funding for the Economic Development program that trains tens of thousands of unemployed Californians for new opportunities

The plan helps prevent future budget problems by:

• Cutting state administration staffing funds and overhead by 5% to save $700 million
• Cutting taxes for all California income levels by dramatically reducing the sales tax and while increases taxes that can be federally deducted; these changes provide net tax relief to all income groups
• Accelerating repayments to school districts and local governments, allowing them to avoid laying off teachers, cops and firefighters while simultaneously reducing the state’s long-term debt
• Providing a real reserve of $550 million
• Improving public safety by shifting certain costs to local governments, and providing a dollar for dollar increase to local governments to cover the costs
• Bringing in $4.1 billion federal matching funds to California by rejecting Governor’s health care and safety net cuts that leave federal money on the table
• Closing the Oil Drilling Loophole, delaying new corporate tax breaks and dedicating new revenues to restructuring proposals and job protection efforts
• Minimizing one-time solutions and providing ongoing revenues or future adjustments to protect against any negative impact of one-time solutions
• Avoiding cuts that will harm the economy and result in next year’s problem being much worse

The Jobs Budget focuses on preventing layoffs, spurring the economic recovery and instituting reforms to help prevent future budget problems.

• 2010 - 2011 Tax Package (PDF)
• Budget Conference Committee Tax Reform Package (PDF)
• The Updated California Jobs Budget (PDF)