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"Summary:Establishes two-year state budget. Sets rules for offsetting newexpenditures, and Governor budget cuts in fiscal emergencies. Localgovernments can alter application of laws governing state-fundedprograms. Fiscal Impact: Decreased state sales tax revenues of$200 million annually, with corresponding increases of funding tolocal governments. Other, potentially more significant changes in stateand local budgets, depending on future decisions by public officials.What a Yes vote means:A YES vote on this measure means: Certain fiscal responsibilities of the\u00A0 Legislature and Governor, including state and local budgeting and oversight procedures, would change. Local governments that create plans tocoordinate services would receive funding from the state and coulddevelop their own procedures for administering state programs.What a No vote means: A NO vote on this measure means: The fiscal responsibilities of the Legislature and Governor, including state and local budgeting and oversight procedures, would not change. Local governments would not be given (1) funding to implement new plans that coordinate services or (2) authority to develop their own procedures for administering state programs.Information from the 2012 California Secretary of State Voter Information Guide"^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.kcra.com/article/prop-31-state-budget-state-and-local-government/6398557>