Gov. Jerry Brown’s office has announced that this year’s State of the State speech will be Jan. 24 — at 9 a.m. That means California lawmakers will have to start work early that day as they hear the governor’s speech in a joint legislative session. As has been the case the past decade, the key issue will be the financial soundness of state government.
We will know a lot more about that soon. Brown is scheduled to introduce his 2013-14 budget proposal at 10 a.m. Thursday at a news conference in the State Capitol.
State revenues are expected to improve because of tax increases in the voter-approved Proposition 30 and an improving California economy. But state officials have a tendency to over-project revenues and funding often comes in lower than what’s in the final budget. The governor starts this year’s budget process when he introduces his proposed budget.