2022-2023 state budget – California Globe

California Legislature Approves $300 Billion+ State Budget Proposal

June 14, 2022 2:45 amJune 13, 2022 10:26 pm

The California legislature passed a $300 billion budget on Monday, angering some Democrats, Republicans, and Governor Gavin Newsom who wanted a budget with fewer longer term items over the record $97.5 billion surplus only being there for one year. The...

Leg Analyst Projects California Will Have $31 Billion Budget Surplus Next Year

November 18, 2021 11:43 amNovember 18, 2021 11:43 am

According to the 2022-2023 California state budget Fiscal Outlook report compiled by the Legislative Analyst’s Office (LAO) on Wednesday, California will have a $31 billion surplus next year. This marks the second budget year in a row where a large...