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Newsom, budget
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
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.
Governor Newsom Proposes $322 Billion Budget with No Deficit
California Governor Gavin Newsom has proposed a $322 Billion state budget for the next fiscal year. Newsom says the budget, which comes after two years of massive state deficits, will be balanced and without a deficit.
Santa Rosa Press Democrat
22h
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 ...
2d
on MSN
Despite revenue increase, Newsom plans to pull from California’s rainy day reserves
California Gov. Gavin Newsom previewed his $322.2 billion budget proposal for 2025-2026 during a visit Monday to California ...
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.
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
17h
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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