Gov. Jerry Brown is scheduled to release his updated budget proposal at 11 A.M. Monday.  The May Revision is the constitutionally required spring budget update that includes revised forecasts of revenues and spending.

The Revision may include two versions – one illuminating what an “all-cuts” budget would look like with another devastating round of cuts to public education and other vital state services and a second one containing a budget balanced by an equal weight of cuts and revenue enhancements. The enhancements would likely take the form of $12.5 billion stemming from an extension of the current temporary state taxes.

Thus far, GOP state lawmakers have been unwilling to provide the two votes needed in each house — the state Senate and the Assembly — to approve the governor’s proposal to extend the state’s temporary taxes.

The governor’s remarks about the Revision are to be aired beginning at 11 AM on two websites – the governor’s own (www.gov.ca.gov) and the California Channel (www.calchannel.com).