State leaders closed a roughly $47 billion General Fund shortfall across the three-year “budget window” (fiscal years 2022-23 through 2024-25) using a broad ...

20 нояб. 2024 г. · The legislative analyst projects a $2 billion California budget deficit for 2025-26, but says the state can't afford big new programs.

10 мая 2024 г. · Governor Newsom's revised balanced state budget cuts one-time spending by $19.1 billion and ongoing spending by $13.7 billion through 2025-26.

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. Specifically, ...

What is the size of the budget shortfall? · Governor Newsom's proposed budget, released on January 10, estimates a shortfall of $38 billion. · However, the ...

In this year's budget proposal, Newsom's revenue assumptions for the future have declined enormously, by about $40 billion less per year. And this is ...

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 ...

21 нояб. 2024 г. · California's small but manageable budget deficit could grow if spending continues to outstrip revenues, an analyst says.

22 июн. 2024 г. · About $5 billion will be pulled from the state's reserves, with about $7 billion more to be tapped the following year in the 2025-26 budget. The ...

10 мая 2024 г. · California's budget deficit is at least $45 billion, a shortfall so large it prompted Gov. Gavin Newsom on Friday to propose painful spending cuts.