Policy committees have been meeting nonstop during the month of April here at the State Capitol. The policy committee deadline is coming up at the end of April, and then the fiscal committee deadline comes up in mid-May, and then the house of origin deadline comes up at the end of May.
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Discover the multifaceted role of the California Insurance Commissioner — a position currently held by Ricardo Lara. From overseeing insurance companies to addressing consumer concerns, the Commissioner is elected to ensure fair and transparent insurance markets, protect Californians from financial harm, and advocate for accessible healthcare options.
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Discover the pivotal role of the California State Controller's Office in managing the state's finances and fostering economic stability. Led by Democrat Malia M. Cohen, the Controller oversees a myriad of financial functions crucial to the world's fifth-largest economy.
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Discover the pivotal role of the California State Treasurer's office in our latest explainer video. Established in 1849, the Treasurer oversees the financial helm of the world's fifth-largest global economy.
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Tom Sheehy, Principal and Founder of Sheehy Strategy Group (SSG), and his team are commemorating the five-year anniversary of SSG. Founded in late 2018, SSG has emerged as a leading force in the government relations industry, offering lobbying, procurement and digital advocacy services to a diverse array of clients across a wide range of industries throughout California.
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Assemblymember Josh Hoover and budget expert Tom Sheehy discuss all things budget including his experience crafting fiscal policy for multiple governors, how the state budget process works, the nonpartisan Legislative Analyst Office’s estimates, and predictions for California in the coming year.
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California state government revenues are almost impossible to forecast at this point. At least as it relates to the personal income tax we simply don’t know how much money the states going to have. And personal income tax matters because it makes up almost 2/3 of the state general fund budget.
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Dive into our latest explainer video as the Sheehy Strategy Group sheds light on the pivotal role played by the California Department of General Services (DGS) Procurement Division.
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In our ongoing explainer video series, the Sheehy Strategy Group unravels the significant roles played by California's key governmental agencies. Our latest video delves into the Legislative Analyst's Office (LAO), an essential nonpartisan agency that provides objective fiscal and policy analysis to the State Legislature.
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In our new explainer video series, the Sheehy Strategy Group delves into the essential functions of California's governmental bodies. Our first video takes a closer look at the California Department of Finance (DOF), where SSG Principal and Founder Tom Sheehy served as Chief Deputy Director.
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In a new video released by the Sheehy Strategy Group, Tom Sheehy provides a sobering overview of key business legislation that emerged from the recently concluded first year of California's two-year legislative session.
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The state’s population has been decreasing for several years, and the state Department of Finance recently projected that it would remain unchanged at 38 – 40 million residents until 2060 — a huge change from earlier predictions that it would top 50 million by then.
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AB 764—legislation recently introduced by Los Angeles Assemblyman Isaac Bryan with the aim of enhancing transparency and accountability—has reignited the discourse surrounding California's redistricting procedures for local government entities.
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To further complicate things for Governor Newsom and his Department of Finance, the day after the governor's May revision was released on May 13, the Legislative Analyst's Office came out and said that the governor's revenue numbers were “plausible but unlikely.” The analyst estimates there is about $11 billion less in revenue than the governor's May revision originally calculated.
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On Friday, May 12, 2023, Governor Newsom released his revision to the state budget he first unveiled in January. When Governor Newsom provided his budget to the Legislature in January, it was intended to solve a $21.5 billion budget deficit. The deficit was a shock following last year when the Governor was touting a budget surplus of almost $100 billion.
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The ruling represents a great victory for the natural gas industry. “What was an existential threat in the rush toward electrification, has now been stopped dead in its tracks by the 9th US Circuit Court of Appeals in San Francisco,” Sheehy says.
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Governor Newsom and the Legislature have backtracked on assistance to California employers to deal with the Unemployment Insurance (UI) deficit, says Tom Sheehy, principal and founder of the Sheehy Strategy Group.
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