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budget, Newsom and California
Newsom floats $322 billion budget that would pull California out of deficit
Gov. Gavin Newsom (D-CA) proposed a $322 billion budget for California on Monday in an attempt to burnish his legacy as his time leading the state draws to a close. If his budget is approved, it would be the first time in two years California is not expected to have a deficit in its state
Proposed California budget has no deficit, but could be affected by federal government
The budget Newsom announced Monday is mostly a placeholder as California waits to see if incoming President Donald Trump will follow through on threats to revoke billions in federal dollars, which could force lawmakers to make painful cuts to essential programs.
Gov. Gavin Newsom announced a $322.2 billion budget with no deficit. Here’s what’s in it
California no longer faces a budget deficit, Gov. Gavin Newsom said Monday, two months after budget officials projected a $2 billion deficit that had left little room for additional government spending.
Santa Rosa Press Democrat
1d
California’s $20 billion unemployment debt is looking like a political hot potato
The legislative analyst has a plan to fix the "structural insolvency" of the unemployment benefits fund — but businesses aren ...
7d
on MSN
Should California save more for a rainy day? OC legislator wants voters to decide
The proposal aims to increase the amount of money California is required by law to transfer to its rainy day fund.
7d
Many of California’s biggest cities face major fiscal challenges going into 2025
Many of California’s biggest cities are facing major financial challenges heading into 2025, suggesting any reductions or ...
6d
California Politics
The proposal aims to increase the amount of money California is required by law to transfer to its rainy day fund.
13d
on MSN
2024 Year in Review: How California Paid for Everything
Revenues so far are higher than anticipated — thanks to big gains in the stock market, particularly in tech, and the income ...
Marin Independent Journal on MSN
1d
Mill Valley School District faces ‘unexpected’ $7.3M budget deficit
The administration cited a pandemic-related funding losses and legal expenses as key factors in the shortfall.
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