In a story Oct. 4 about the Proposition 2 rainy day fund ballot measure, The Associated Press erroneously reported the name of a group that opposes the measure. It is Courage Campaign, not Common Cause.
A corrected version of the story is below:
Rainy day fund measure at a glance
Rainy day fund measure at a glance
By The Associated Press
WHAT IT DOES: Overhauls the state’s rainy day fund, setting aside 1.5 percent of revenue each year as well as capital gains tax revenue over a certain threshold during boom years. For the first time, half the money will be redirected to pay pension liabilities and other state debts, while the other half is available to pad the state budget during economic downturns.
WHO SUPPORTS IT: Gov. Jerry Brown and unanimous support of Democrats and Republicans in the Legislature. Also, business, local government and civic groups, including the California Chamber of Commerce and California Forward, which are raising money to support the measure.
WHO OPPOSES IT: A parent group called Educate Our State, which pushes for more funding to be kept with local school districts, and Courage Campaign, a progressive group that wants social service spending restored to pre-recession levels.
CAMPAIGN SPENDING: The primary committee by Gov. Jerry Brown supporting the rainy day fund and a separate water bond measure has raised nearly $1.7 million through Sept. 23. That’s on top of $2.8 million the committee already had available from supporting Brown’s Proposition 30 temporary tax increase measure in 2012. Groups opposing the measure have not reported raising money.
