Commentary According to new analysis released June 14 from the Legislative Analyst’s Office of California, the state’s general fund balance would decrease $22 billion during the upcoming 2021-2022 fiscal year if the legislature passes its most recently-proposed budget. Revenues and transfers into the general fund during the 2021-2022 fiscal year are expected to decrease $14 billion, from $187.7 billion in 2020-2021 down to $173.7 billion in 2021-2022. Meanwhile, expenditures would increase by $30 billion. Expenses would be $195 billion during the 2021-2022 fiscal year under the legislature’s current budget, up from the $165 billion spent during the current fiscal year ending June 30. Budget committee leaders—Assemblymember Phil Ting and Sen. Nancy Skinner—released a joint document, detailing the legislature’s version of the new budget. The 13-page document provides a simple outline of how its budget proposal differs from Gov. Gavin Newsom’s most recent budget proposal, released in May. It also highlights …