Put another way, last year's budget planned for a deficit in 2024-25. That anticipated deficit of $14 billion is the starting place for the upcoming budget.

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.

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 ...

22 июн. 2024 г. · In December, the state's nonpartisan budget analyst projected a deficit of about $68 billion for the 2024-25 fiscal year. A month later, the ...

Last December, the Legislative Analyst's Office estimated a $68 billion deficit for the next fiscal year — frustrating Newsom, whose spending ...

16 мая 2024 г. · Gavin Newsom released last week contains hundreds of spending reductions and other actions to close what he says is a $44.9 billion deficit.

10 мая 2024 г. · Newsom is referring to the shortfall as $27.6 billion in 2024-25, but California is making cuts and reductions to solve a total budget deficit ...

29 июн. 2024 г. · Gov. Gavin Newsom has signed California's budget to close an estimated $46.8 billion deficit through $16 billion in spending cuts and ...

... 2024–25 budget deficit to $73 billion ... California faces a projected deficit next year even if the U.S. avoids a recession.