Despite COVID-19, Analyst Forecasts One-Time $26B California Budget WindfallCalifornia is expected to have a one-time $26 billion windfall in its next budget year, according to the state's nonpartisan legislative analyst, who said Wednesday that the economic consequences of the coronavirus pandemic have not been as severe as anticipated.
Gov. Newsom Declares Emergency To Draw Down California Budget ReservesGov. Gavin Newsom declared a budget emergency Thursday that will allow California to take nearly $8 billion from a state reserve account to help plug a large budget deficit brought on by the coronavirus.
Gov. Gavin Newsom Agrees To Nix Cuts For Seniors, OthersCalifornia Gov. Gavin Newsom has agreed not to cut funding for child care programs and health insurance for low-income older adults as part of his plan to cover the state's estimated $54.3 billion budget deficit.
California Senate Plan Would Reject Most Of Gov. Newsom's Budget CutsThe California Senate's plan to make up the state's estimated $54.3 billion budget deficit rejects Gov. Gavin Newsom's proposed cuts to public education and health care programs - and instead takes more money from reserves and delays billions of dollars in payments to school districts.
Essential Workers Stage Protest In Cars At Capitol Over Gov. Newsom’s Proposed Budget CutsHealth workers, home care workers, social workers and janitors brought a caravan to the California State Capitol on Wednesday to protest proposed budget cuts.
California To Spend $1.8 Billion More On Coronavirus ResponseCalifornia Gov. Gavin Newsom on Thursday took an extra $1.8 billion from the state's dwindling coffers to pay for more protective gear and extra hospital beds to aid the state's response to the new coronavirus.
California's Budget Cuts Threaten Environmental SpendingCalifornia Gov. Gavin Newsom's proposed budget cuts include canceling billions of dollars in climate change spending, a blow to environmental advocates who look to the state as a stopgap for the Trump administration's weakening of federal protections.
As Revenues Plummet From Coronavirus, Gov. Newsom Proposes $6.1 Billion In Budget CutsIn a budget reflecting the financial hit the state is already seeing from the coronavirus pandemic, California Gov. Gavin Newsom on Thursday proposed cutting $6.1 billion from a variety of programs in a budget he says prioritizes public education, public health and public safety.
State Workers Union Leader: Gov. Newsom To Propose 10% Pay CutThe leader of a union representing California state workers says the governor will propose a 10% pay cut to help cover a projected $54.3 billion budget deficit.
California Doom: Staggering $54 Billion Budget Deficit Looms From CoronavirusCalifornia will have a budget shortfall of $54.3 billion because of the economic devastation wrought by the coronavirus, Gov. Gavin Newsom's administration announced Thursday, a stunning reversal for a state that had a $21 billion surplus a year ago.
Legislative Analyst Criticizes California's Homeless PlanCalifornia Gov. Gavin Newsom's budget proposal likely won't have a meaningful impact on the nation's largest homeless population, according to a new analysis from the state's nonpartisan Legislative Analyst's Office.
Gov. Gavin Newsom To Unveil Budget Plan; Expanded Benefits On The PlateGov. Gavin Newsom will announce his state spending plan on Friday, flush with a multi-billion surplus.
California Governor To Announce Budget Expanding BenefitsCalifornia Gov. Gavin Newsom will announce his state spending plan on Friday, flush with a multi-billion surplus that state lawmakers expect he will use to give full health benefits to more low-income adults living in the country illegally.
California Gov. Gavin Newsom's Budget Aims To Hire More Full-Time FirefightersGov. Gavin Newsom wants to hire more state firefighters and make homes safer from devastating wildfires in the budget he will send to state lawmakers on Friday.
Auditor: California Budget System Overhaul Will Cost $1BThe cost of California’s vast overhaul of its budget and financial accounting system has ballooned to over $1 billion while next year’s deadline for completing the project is unrealistic, a state auditor’s report said Tuesday.