Governor: Two “May Revise” Budgets Coming Thursday

Governor Schwarzenegger said Monday morning that he will release two revised budget proposals on Thursday to show voters the budget options, depending on whether the May 19 Special Election measures pass or fail.

The governor said one revised budget proposal would show the state spending plan in the event that all six measures pass; the other would show precisely what cuts he will propose if all the measures fail.

He said he was doing this “so that people have a clear understanding” of the situation. Schwarzenegger made this announcement after a meeting with local government officials from around Southern California at the Culver City Senior Center.

UPDATE — Governor’s office clarifies: The official May revise release is May 28. But they are going to release two "summaries" — one if the measures pass, one if they fail — on Thursday.