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REFORM THE <br /> BUDGET PROCESS <br /> • Target budget reserve at 5% of biennial expenditures and fund it at <br /> that level now - increasing reserve from $261 million to $1 billion. <br /> • Make it more difficult to propose spending in excess of projected <br /> current receipts. <br /> • Create concept of fiscal dividend - a credit to individual income tax- <br /> payers of part of funds in excess of budget reserve. <br /> • End the accounting gimmicks: one-time cost paid out of the surplus. <br /> • ® End property tax recognition shift $118 million <br /> • End June speedup of safes, cigarette and <br /> tobacco and liquor tax payments $140 million <br /> • Pay property tax refunds currently $200 million <br /> TOTAL $458 million <br /> Education Capital Inv-estments S 35 million <br /> Maps , globes , software supplies X493 million <br /> i <br />