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Inside California's New Budget of Nearly $300 Billion

California Governor signed a budget closing $46.8 billion deficit

California budget experts say Gavin Newsom's spending plan doesn't go far enough

Gov. Newsom's budget proposes insufficient support for programs aiding Californians' affordability amidst potential federal funding cuts.
The budget lacks significant revenue raisers for essential services like affordable housing and healthcare.

After reducing deficit, Newsom proposals bring extra costs to California

California is facing potential budget challenges despite recent higher-than-expected tax revenue and higher spending proposals from Governor Newsom.

Despite revenue increase, Newsom plans to pull from California's rainy day reserves

California's Governor proposed a $322.2 billion budget, highlighting a modest surplus but relying on rainy day funds for expenditures.

Gov. Newsom Announces Spending Plans with Surprise Budget Surplus

California's budget outlook has significantly improved, projecting a $17 billion surplus and a total budget of $322 billion for 2025-26.

Gov. Gavin Newsom announced a $322.2 billion budget with no deficit. Here's what's in it

California's budget situation has improved significantly, eliminating earlier projected deficits, with a focus on strategic spending and potential reforms.

Inside California's New Budget of Nearly $300 Billion

California Governor signed a budget closing $46.8 billion deficit

California budget experts say Gavin Newsom's spending plan doesn't go far enough

Gov. Newsom's budget proposes insufficient support for programs aiding Californians' affordability amidst potential federal funding cuts.
The budget lacks significant revenue raisers for essential services like affordable housing and healthcare.

After reducing deficit, Newsom proposals bring extra costs to California

California is facing potential budget challenges despite recent higher-than-expected tax revenue and higher spending proposals from Governor Newsom.

Despite revenue increase, Newsom plans to pull from California's rainy day reserves

California's Governor proposed a $322.2 billion budget, highlighting a modest surplus but relying on rainy day funds for expenditures.

Gov. Newsom Announces Spending Plans with Surprise Budget Surplus

California's budget outlook has significantly improved, projecting a $17 billion surplus and a total budget of $322 billion for 2025-26.

Gov. Gavin Newsom announced a $322.2 billion budget with no deficit. Here's what's in it

California's budget situation has improved significantly, eliminating earlier projected deficits, with a focus on strategic spending and potential reforms.
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Wins and losses for higher ed in California budget

Governor Newsom's budget plan cuts significant funding for California higher education while maintaining substantial financial aid investment. Concerns arise about the impact on students and resources.
#public-safety

Op Ed: Proposition 36 Is Reform We Need To Save Money and Lives

California's homeless population has surged since Proposition 47, costing taxpayers billions in management and impacting public safety due to retail thefts.

California pledged to cut 10,000 vacant state jobs. Why were only two thirds eliminated?

California has reduced its goal of eliminating unfilled government jobs to preserve public safety roles, saving $1.2 billion in agency budgets.

Op Ed: Proposition 36 Is Reform We Need To Save Money and Lives

California's homeless population has surged since Proposition 47, costing taxpayers billions in management and impacting public safety due to retail thefts.

California pledged to cut 10,000 vacant state jobs. Why were only two thirds eliminated?

California has reduced its goal of eliminating unfilled government jobs to preserve public safety roles, saving $1.2 billion in agency budgets.
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Remembering Jimmy Carter And His Impact In California | KQED

Governor Newsom's $322.2 billion budget focuses on economic development, transparency, and preparing for future uncertainties amid changing projections.
Severe weather warnings in Southern California highlight risks of strong winds and fire hazards. President Biden's monument announcements reflect a commitment to conservation.

Is a California EV rebate the answer if federal support ends?

California may offer electric vehicle rebates if federal tax credit is eliminated, despite budget limitations.
Experts argue against state-funded rebates due to financial implications and equity concerns.
from SFGATE
2 months ago

Four tech companies just saved California from a budget crisis

California's budget forecast improves significantly due to the tech industry's strong stock market performance.
#governor-newsom

Walters: California homelessness funding is on the chopping block. Will it make the final budget?

Local governments in California face uncertainty regarding state aid for homeless population amid budget deficit concerns.

Good News for Newsom, as California Deficit Slashed From $68 Billion to Just $2 Billion

California's budget deficit has dramatically decreased from $68 billion to $2 billion, reflecting recovery after significant financial instability over recent years.

Winners and losers in California budget deal

Budget agreement in California under Gov. Newsom involves cuts, delays, and funding shifts to address financial challenges while preserving the social safety net.

What to know about Gov. Newsom's plan to offset California's $45-billion deficit

Gov. Newsom plans to address California's $44.9 billion budget deficit with cuts to state jobs and social programs, impacting his progressive policies and requiring use of reserves.

Gavin Newsom likes to use the budget to skirt public debate and get what he wants. Did he do it again?

California Governor Newsom strategically incorporates policy priorities into budget bills for immediate effect and limited debate.

Walters: California homelessness funding is on the chopping block. Will it make the final budget?

Local governments in California face uncertainty regarding state aid for homeless population amid budget deficit concerns.

Good News for Newsom, as California Deficit Slashed From $68 Billion to Just $2 Billion

California's budget deficit has dramatically decreased from $68 billion to $2 billion, reflecting recovery after significant financial instability over recent years.

Winners and losers in California budget deal

Budget agreement in California under Gov. Newsom involves cuts, delays, and funding shifts to address financial challenges while preserving the social safety net.

What to know about Gov. Newsom's plan to offset California's $45-billion deficit

Gov. Newsom plans to address California's $44.9 billion budget deficit with cuts to state jobs and social programs, impacting his progressive policies and requiring use of reserves.

Gavin Newsom likes to use the budget to skirt public debate and get what he wants. Did he do it again?

California Governor Newsom strategically incorporates policy priorities into budget bills for immediate effect and limited debate.
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California looking at $2 billion deficit after lawmakers, Newsom slashed spending

California is projected to have a $2 billion deficit for the upcoming fiscal year, a significant improvement from last year's $68 billion shortfall.

Gavin Newsom signals support for bills to crack down on deepfake election content

Gov. Newsom contests figures of California budget, proposes $291.5 billion plan to address $37.86 billion shortfall. Newsom clashes with Elon Musk over AI-generated campaign ads.

Gov. Gavin Newsom signs California budget to close major deficit and provide spending for year

Gov. Gavin Newsom signed the 2024 budget closing a $47 billion deficit, prioritizing funding for various programs.

California addressing larger budget gap than what Gov. Gavin Newsom's plan estimates, report says

The Legislative Analyst's Office estimates a $55 billion budget gap in California, surpassing Gov. Newsom's reported $44.9 billion shortfall.

California looking at $2 billion deficit after lawmakers, Newsom slashed spending

California is projected to have a $2 billion deficit for the upcoming fiscal year, a significant improvement from last year's $68 billion shortfall.

Gavin Newsom signals support for bills to crack down on deepfake election content

Gov. Newsom contests figures of California budget, proposes $291.5 billion plan to address $37.86 billion shortfall. Newsom clashes with Elon Musk over AI-generated campaign ads.

Gov. Gavin Newsom signs California budget to close major deficit and provide spending for year

Gov. Gavin Newsom signed the 2024 budget closing a $47 billion deficit, prioritizing funding for various programs.

California addressing larger budget gap than what Gov. Gavin Newsom's plan estimates, report says

The Legislative Analyst's Office estimates a $55 billion budget gap in California, surpassing Gov. Newsom's reported $44.9 billion shortfall.
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Walters: Big Medicine and Newsom square off over health care tax dollars

California's budget struggles prompted a health care tax to stabilize finances and support Medi-Cal, with ongoing debates on its future and allocation.

Nearly $1 billion in funds left unspent by centers for disabled Californians

California's system for supporting people with developmental disabilities is struggling, leading to substantial unspent funds despite ongoing demand for services.

Walters: California's great debate resumes over volatile tax revenues

California faces challenges with income tax revenue dominance, volatile revenue streams, and inflexible spending mandates.
#tax-increases

California Gov. Gavin Newsom signs budget to close $46.8 billion budget deficit

California signed a budget to address a $46.8 billion deficit through spending cuts and temporary tax increases, impacting progressive policies amid economic challenges.

California Legislature approves budget that slashes spending to address $46.8 billion deficit

California lawmakers approved a budget with spending cuts and temporary tax increases due to a large deficit.

California's New Budget Will Make Major Cuts to Public Programs

California's budgetary transformation from chaos to stability is attributed to tax increases and a focus on building a rainy day fund.

California Gov. Gavin Newsom signs budget to close $46.8 billion budget deficit

California signed a budget to address a $46.8 billion deficit through spending cuts and temporary tax increases, impacting progressive policies amid economic challenges.

California Legislature approves budget that slashes spending to address $46.8 billion deficit

California lawmakers approved a budget with spending cuts and temporary tax increases due to a large deficit.

California's New Budget Will Make Major Cuts to Public Programs

California's budgetary transformation from chaos to stability is attributed to tax increases and a focus on building a rainy day fund.
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California to examine medical staffing at state prisons and hospitals. Here's why

Outsourcing medical and mental health services costs California significantly more than utilizing state employees.

Walters: Newsom's proposed spending cuts spur backlash from affected California groups

Advocates disappointed with Gov. Newsom's revised budget, citing cuts to essential programs.

Saturday Links: California Faces a $28 Billion Budget Deficit

Governor proposes $288 billion budget for 2024-25, aims to balance $27.6 billion deficit without new taxes or cuts.
#economic-impact

How California, Once Flush, Got Stuck With a Budget Shortfall

California's budget faces volatility due to heavy reliance on personal income and capital gains taxes, impacting social spending and minimum wage decisions.

Gavin Newsom addresses state deficit in revised budget, proposing tackling 2-year budgets going forward

Newsom faces significant deficit in California's budget, aims to address without raising taxes.

How California, Once Flush, Got Stuck With a Budget Shortfall

California's budget faces volatility due to heavy reliance on personal income and capital gains taxes, impacting social spending and minimum wage decisions.

Gavin Newsom addresses state deficit in revised budget, proposing tackling 2-year budgets going forward

Newsom faces significant deficit in California's budget, aims to address without raising taxes.
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Democratas piden $1,500 millones para atencion medica a personas pobres. Los cuestionan

California faces a projected deficit of $38-$73 billion while trying to finance Medi-Cal and other safety net programs.
There is a proposal to increase a tax on managed care organizations to raise additional federal dollars for Medi-Cal until 2026.

Whoops, turns out there is money in California budget for 4th graders to go to state parks

Funding for the California State Park Adventure Pass is included in Gov. Gavin Newsom's proposed budget for the 2024-25 fiscal year.
The budget does not include money to continue the program that lets Californians use a library card to check out passes for state parks and beaches.

Mulling Reparations, California Sets Aside $12 Million as a Start

California's new budget allocates a modest $12 million for reparations for Black residents, sparking criticism for falling short of expectations.

Newsom's budget plan saves vital programs for immigrants, but kids and hungry seniors may suffer

Preservation of critical immigrant programs in California's budget but delays and omissions of some key initiatives pose risks for vulnerable groups.
#governor-gavin-newsom

Gavin Newsom will deliver delayed California State of the State speech with budget done

Gov. Gavin Newsom will release a delayed State of the State address on social media, following a budget agreement closing a $47 billion shortfall.

Gov. Gavin Newsom to deliver State of the State address on Tuesday

Governor Gavin Newsom's annual State of the State address emphasizes transformation of mental health system and addressing homelessness crisis.

Gavin Newsom will deliver delayed California State of the State speech with budget done

Gov. Gavin Newsom will release a delayed State of the State address on social media, following a budget agreement closing a $47 billion shortfall.

Gov. Gavin Newsom to deliver State of the State address on Tuesday

Governor Gavin Newsom's annual State of the State address emphasizes transformation of mental health system and addressing homelessness crisis.
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