California Tax Revenues Soar as Rich Get Richer Despite PandemicAs of January, California tax collections were $10.5 billion ahead of projections. By the end of the fiscal year on July 1, Gov. Gavin Newsom and the state legislature could have a $19 billion surplus
California COVID Recovery: Newsom Budget Targets Post-Pandemic Economic RevivalGov. Gavin Newsom unveiled his latest proposed budget Friday for the 2021-2022 fiscal year, with an estimated $4.5 billion earmarked to help the state's economy recover once the COVID-19 pandemic fades.
Closing 8 California Prisons Could Save $1 Billion, Analyst Report SaysCalifornia, which has a declining prison population, could save more than $1 billion by closing eight lockups, the Legislative Analyst’s Office said in a report Thursday.
Newsom, Lawmakers Agree On How To Close $54 Billion Budget DeficitCalifornia Gov. Gavin Newsom and the Democratic state Legislature have agreed to a state spending plan that avoids billions of dollars in permanent cuts to public schools and health care programs.
California Lawmakers Agree To Close $54.3 Billion Budget GapCalifornia’s Legislative leaders on Wednesday rejected billions of dollars in budget cuts to public schools and health care services that Gov. Gavin Newsom had proposed, setting up a fight with the governor over how to close the state’s estimated $54.3 billion budget deficit.
Budget Battle: State Senate Plan Would Reject Most Of Newsom's 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.
California To Spend $1.8 Billion More On Coronavirus ResponseCalifornia Gov. Gavin Newsom 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 coronavirus.
San Francisco, Oakland Among School Districts Warning Budget Cuts Will Delay ReopeningSix California school districts representing more than 900,000 students say the governor's proposed budget cuts will delay the reopening of schools.
Coronavirus Pandemic Plunges California Into $54 Billion Budget DeficitCalifornia 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.
Gov. Newsom's Proposed Probation Changes Would Tackle Car-Burglary ScourgeGov. Newsom is proposing to overhaul California's probation system, reducing the time a convict is under supervised release but increasing rehabilitation programs at the outset of the probationary period, when they're the most effective.
California Legislative Analyst Projects $7 Billion Surplus Next YearThe nonpartisan Legislative Analyst’s Office predicts California will have a $7 billion surplus next year but cautions lawmakers not to spend all of it.
Newsom, Legislators Talk Nice as Bargaining Over $213 Bn Budget BeginsGoodwill between California's new governor and the legislature is about to be put to the test as lawmakers enter the final weeks of budget negotiations.
Gov. Newsom Seeks To End Tax On Tampons, Diapers As Part Of 'Parents' Agenda'California Gov. Gavin Newsom and his wife, Jennifer Siebel Newsom, unveiled Tuesday what they call a "parents' agenda," including proposals to end the sales tax on tampons and diapers and to use revenue from legal marijuana sales to expand child care programs.
Newsom Budget Proposal Links Housing To Transportation MoneyGov. Gavin Newsom proposed a $1.75 billion plan for housing Thursday and threatened to withhold transportation money from local governments that don't build their fair share.
Newsom Announces $144 Billion Budget; Projects $21 Billion SurplusIt's the largest projected California budget surplus since at least 2000, according to state finance officials.