▁External ▁links ▁Pap ers ▁of ▁Charles ▁Hay nie ▁at ▁the ▁University ▁of ▁Buff alo ▁Online ▁F inding ▁A id ▁for ▁Charles ▁Hay nie ▁Pap ers ▁Inter dis cipl inary ▁D eg ree ▁Program ▁website ▁ ▁Category : Univers ity ▁at ▁Buff alo ▁fac ulty ▁Category : 2 0 0 1 ▁death s ▁Category : 1 9 3 5 ▁birth s <0x0A> </s> ▁Proposition ▁ 5 8 ▁was ▁a ▁California ▁ball ot ▁proposition ▁on ▁the ▁March ▁ 2 , ▁ 2 0 0 4 ▁ball ot . ▁ ▁It ▁passed ▁with ▁ 4 , 5 3 5 , 0 8 4 ▁( 7 1 . 2 %) ▁votes ▁in ▁favor ▁and ▁ 1 , 8 4 1 , 1 3 8 ▁( 2 8 . 8 %) ▁against . ▁ ▁It ▁was ▁officially ▁called ▁the ▁California ▁Bal anced ▁Bud get ▁Act . ▁It ▁requires ▁the ▁state ▁legisl ature ▁to ▁pass ▁a ▁bal anced ▁budget ▁every ▁year , ▁which ▁means ▁that ▁budget ed ▁rec urrent ▁exp end iture , ▁including ▁rep ay ment ▁of ▁past ▁deb t , ▁does ▁not ▁exceed ▁estimated ▁re venue . ▁The ▁act ▁does ▁not ▁require ▁that ▁capital ▁works ▁programs ▁be ▁fund ed ▁out ▁of ▁current ▁reven ues . ▁The ▁California ▁Constitution ▁has ▁always ▁allowed ▁bond ▁issues ▁( state ▁deb t ) ▁for ▁specified ▁capital ▁works , ▁above ▁a ▁certain ▁value . ▁Bond ▁measures ▁must ▁be ▁approved ▁by ▁a ▁state wide ▁ball ot . ▁ ▁The ▁Act ▁created ▁a ▁reserve ▁fund ▁called ▁the ▁Bud get ▁St abil ization ▁Account ▁in ▁case