[mikeyouse]

They didn’t have a choice - it was mandatory to return the surplus funds over a specific amount back to residents (SAL or Gann Limit)

https://www.transformca.org/post/california-s-ginormous-budg...

[_hypx]

Because of how California taxation works, there are good reasons to have a 5 year rolling tax window and set budgets based on that. That would give us a much clearer picture of real budget surpluses and deficits.