2020-2021 budget – California Globe

California Facing $25 Billion Budget Shortfall Next Year

November 16, 2022 4:46 pmNovember 17, 2022 8:19 pm

A Legislative Analyst’s Office report released on Wednesday found that California revenue is $41 billion below expectations, likely resulting in a massive $25 billion shortfall in the upcoming 2023-2024 state budget. The LAO recommends lawmakers start cutting the budget when...

Assembly, Senate Return To Abbreviated COVID-19 Session

July 27, 2020 6:16 pmJuly 28, 2020 11:23 am

On Monday, state Assembly members and Senators returned to the State Capitol Building in Sacramento to finish off a shortened session set to end on August 31st. For most of July, both the Senate and the Assembly have been unable...

Governor Newsom Approves, Signs $202.1 Billion Budget

June 30, 2020 7:38 pmJuly 3, 2020 9:29 am

On Monday, Governor Gavin Newsom signed the $202.1 billion state budget, confirming state spending for the 2020-2021 fiscal year. A new budget dependent on federal funding The signing of the 2020 Budget Act culminated a six month process that initially...

Assembly Approves 2020-2021 State Budget of $202.1 billion

June 26, 2020 9:15 pm

On Friday, the California State Assembly approved the $202.1 billion 2020-2021 state budget 57-16, one day after being approved by the Senate. Final approval in Sacramento The budget, which had to bridge a $54.3 billion deficit gap, will include many...

Governor Newsom Declares State Budget Emergency to Use Rainy Day Funds

June 26, 2020 2:05 amJune 25, 2020 8:13 pm

On Thursday, Governor Gavin Newsom declared a state budget emergency to use emergency “rainy day” funds for the 2020-2021 budget and to help bridge the $54.3 billion deficit gap. The rainy day funds were opened up to help pay for...

California State Capitol dome shines against blue sky

California Legislature Approves State Budget Plan Hours Before Deadline

June 16, 2020 3:13 amJune 16, 2020 6:25 am

On Monday, the California Legislature approved a state budget plan only hours before the June 15th deadline that would have had lawmakers forfeit their pay. A new budget plan from the Legislature The approved budget largely followed their proposal made...

California Legislature Announces 2020-2021 Budget Proposal

June 4, 2020 8:32 pmJune 5, 2020 7:50 am

On Wednesday, the California Assembly and Senate announced a budget proposal that would largely be left intact without many significant cuts, putting it directly at odds with Governor Gavin Newsom’s budget proposal. Senators and Assembly members don’t want Newsom’s budget...