Fiscal Profiles, 2007, is an excerpt of selected displays updated from the last full report in 2006. This set of displays includes information on overall State funding, public higher education funding and enrollments, and California's independent higher education institutions. As of the publication date for this report, the California State Legislature and the Governor had not approved a budget for the now-current 2007-08 fiscal year. This update relies on information from State budget information through mid-August, 2007, and supplemented by other information sources. The reader is cautioned that some of this information will change now that a final budget has been signed into law. The 2007-08 budget, as proposed by the State Assembly, contains $146 billion in general-purpose fund spending. This includes $103 billion in State General Fund spending, 1.3% above prior-year spending. The budget includes a General Fund reserve of nearly $3.4 billion. Fiscal Profiles 2007 contains 22 statistical displays. The information presented in the displays for the immediate past fiscal year (2006-07) and the current fiscal year (2007-08) are estimates and budget-based projections representing the most up-to-date information presently available on the varied aspects of California State government finance. The information contained in the report has been compiled from, and verified by, a variety of sources involved with the development of the annual State budget. Appended are: (1) Acknowledgements; (2) Definitions; and (3) Notes and Sources. (Contains 1 chart.)