The Legislative Analysts Office has released their outlook for the 2013-2014 fiscal year and project a $1.9 billion deficit. While this could be considered a budget crisis (and in most economies it is), it is a vast improvement over the deficit originally projected. Click here for more information about the LAO’s analysis.
Proposition 30 Passed!
At JPAC’s most recent Board meeting, held on October 24, 2012 at the LA Jewish Federation building, the Board voted 8-0, with 13 abstentions to support Proposition 30. JPAC sent a letter of support to Governor Brown’s Proposition 30 campaign in advance of the November 6th election. You can read our letter here, and also check out an op-ed piece written by Paul Castro and Terry Friedman of the Jewish Family Service (JFS) of Los Angeles.