This version relies on several billion dollars in rosier revenue projections. It also calls for new cuts to U-C and C-S-U, as well as a 12 dollar vehicle registration fee increase and new fees for some homeowners to help fund fire-fighting. It can be passed without Republican votes. Governor Jerry Brown acknowledges it's not his plan A:
Brown: "It's a good budget, but it's not the budget that I started with in January and the Democratic leadership wanted and that was a budget that had revenue."
If the healthier revenue projections turn out to be wrong, a
set of deeper cuts would be triggered next year. They would
include shortening the school year and eliminating school bus
transportation. Brown says he's looking to a possible
November 2012 ballot initiative to ask voters to approve the tax
extensions that were part of his original budget plan. Brown
was unable to get Republicans to agree to those.