Legislative Analyst Warns California Can’t Afford Gov. Newsom’s 2023-24 Budget

May 24, 2023 12:42 pmMay 24, 2023 12:42 pm

The Legislative Analyst’s Office (LAO), the California Legislature’s nonpartisan fiscal and policy advisor, announced on Tuesday that the state would unlikely be able to afford the May revisions to the 2023-2024 budget as proposed by Governor Gavin Newsom, and that...

Governor Newsom Proposes Additional $290 Million For State Flood Control Projects

May 12, 2023 5:43 pmMay 12, 2023 5:44 pm

As part of his revised state budget proposal announced on Friday, Governor Gavin Newsom stated than an additional $290 million would go to flood control projects in the state, for a total of $492 million added since January. According to...

Governor Newsom’s Budget Deficit Has Climbed To $31.5 Billion

May 12, 2023 1:05 pmMay 12, 2023 1:08 pm

Governor Gavin Newsom announced Friday that the state’s budget deficit has ballooned by $9 billion, going from the initial January estimate of $22.5 billon to $31.5 billion, leading to more major cuts being implemented next fiscal year. https://twitter.com/CAgovernor/status/1657067510108405761 In total,...