In this, the so-called "Year of reform", there is an important measure on the ballot called Proposition 76. It affects State Spending and Prop 98 guarantees. If you're interested in schools, funding and the rest, it's a must read:

Instead of copying it here - I have given you a link to the Legislative Analyst's take on this measure

In my view, the other measures on the ballot are not worthy of a special election, and this measure should really have been negotiated with the legislature before heading to the ballot (of course, had we allowed the governor and legislature to negotiate, the budget might be $150 billion)...

Tim