California Faces a $68 Billion Deficit. Largely as a result of a severe revenue decline in. 2022-23, the state faces a serious budget deficit.

California faced a $26.3 billion budget deficit for the 2009–2010 budget year. ... fiscal year and paid back the following fiscal year. RANS are ...

The state's 2024–25 budget deficit to $73 billion. This estimate substantially exceeds Gavin Newsom's estimate of a $38 billion deficit.

20 нояб. 2024 г. · The state has faced significant budget problems over the last two years—by our estimate, a $27 billion deficit in 2023‑23 and a $55 billion ...

20 нояб. 2024 г. · Those shortfalls will reach about $30 billion annually by the 2028-29 fiscal year, according to the office's projections, and there are ...

6 мар. 2024 г. · On January 10, for the second straight year, Governor Newsom released a budget proposal that seeks to close a multibillion-dollar deficit.

And this is an important factor driving the Legislative Analyst's Office to forecast a $73 billion budget deficit for fiscal year 2024‒25.

26 июн. 2024 г. · Last year's deficit was about $32 billion. This year's deficit swelled to $46.8 billion — with more deficits projected for the future.

10 мая 2024 г. · WHAT ABOUT THE DEFICIT? It's complicated. Newsom announced on Friday a $26.7 billion deficit, but it's really closer to $45 billion. That's ...

total government spending in California increased by approximately $41.7 billion—from $210.9 billion in fiscal year 2014 to an estimated $252.6 billion in 2015 ...