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Faced with a $44.9-billion budget deficit, Gov. Gavin Newsom described a plan to shrink the size of state government and slow his progressive policy agenda by eliminating 10,000 vacant state jobs ...
California has a huge budget problem that could force thorny decisions from Democratic leaders who enjoyed a more than $100 billion surplus just three years ago. Democratic Gov. Gavin Newsom on ...
This is a list of U.S. state government budgets as enacted by each state's legislature. A number of states have a two-year or three year budget (e.g.: Kentucky) while others have a one-year budget (e.g.: Massachusetts). In the table, the fiscal years column lists all of the fiscal years the budget covers and the budget and budget per capita ...
Newsom’s revised balanced state budget cuts one-time spending by $19.1 billion and ongoing spending by $13.7 billion through 2025-26, including trimming nearly 8% cut out of state operations and ...
2008–2012 California budget crisis. Furlough at a California Department of Motor Vehicles office in 2009. The U.S. state of California had a budget crisis in which it faced a shortfall of at least $ 11.2 billion, [1] projected to top $40 billion over the 2009–2010 fiscal years. [2]
CALIFORNIA — Gov. Gavin Newsom just released his budget for the 2023-24 year. The message regarding education funding was guardedly optimistic. Total K-12 education resources under his proposal ...
California state finances. The budget of the U.S. state of California is made up of several funds derived from taxes. [1] The General Fund makes up 3/4th of the entire budget; it allocates monies to state operations and payments to localities. [1] The annual budget is proposed by the California State Legislature and approved by the Governor of ...
According to the NJPP, the FY 2024 budget will make it very tricky to pass a balanced budget in future years without making drastic cuts, blowing through the state’s surplus or raising new ...
The MUSD School Board laid out dire budget projections for the next three years during its regular meeting Wednesday that will force deep cuts unless the state's fiscal situation changes ...
The tug-of-war between California Gov. Gavin Newsom and the nonpartisan Legislative Analyst’s Office over the state’s projected budget deficit took a new turn Tuesday, when the LAO announced a ...