California Budget Archives - California Globe

Tom Steyer Selling San Francisco Home Because of ‘Climate Crisis’

September 26, 2020 9:15 amSeptember 26, 2020 10:56 am

“Billionaire environmental activist and former presidential candidate Tom Steyer is selling a couple of homes in his portfolio. Last month, he parted with a Lake Tahoe home for $2.8 million, and now he is putting his longtime family home in...

Overview of California’s Department of Finance

July 9, 2020 11:10 amJuly 9, 2020 11:17 am

The Governor’s Department of Finance (DOF), similar to the federal Office of Management and Budget (OMB), serves as the Governor’s chief fiscal policy advisor, and their employees work on issues and programs that are of concern to the Governor, the...

California’s Balanced Budget Requirement

June 12, 2020 7:09 amJune 12, 2020 7:16 am

Does California have to adopt a “balanced budget”? The short answer is yes. But there are several interesting aspects to this requirement. Existing provisions of the California Constitution were interpreted to require a balanced budget. For example, Article IV, Section...

California Senate Reconvenes After Almost Two Months

May 11, 2020 2:17 pm

On Monday, the state Senate reopened in Sacramento, bringing together the full legislature under one roof for the first time since mid-March. Senators can still choose to attend remotely if they so wish through the SR 86 resolution. SR 86...

Is This the End of the World for California’s Budget?

May 8, 2020 8:05 amMay 8, 2020 8:32 am

California Governor Gavin Newsom just announced a $54 billion budget gap. That’s a two-year number comparable to the $60 billion gap that Gov. Arnold Schwarzenegger “solved” in 2009-2010. It represents about 26 percent of the total revenue projected for 2020-2021 in the budget released...

California Assembly Reconvenes, Senate to Follow on May 11th

May 5, 2020 5:46 pmMay 5, 2020 5:47 pm

On Monday, members of the Assembly reconvened at the Capitol Building in Sacramento for the first time in almost two months. Assembly back for the first time since March While expected workloads of bills, committees, and the annual budget are...

Governor Newsom Proposes Statewide No-Kill Animal Shelters

January 14, 2020 7:57 am

Governor Gavin Newsom has proposed making California the third no-kill animal shelter state in the country. Included in Governor Newsom’s 2020-2021 budget proposal is a $50 million grant to the University of California for the no-kill shelters. According to the...