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  1. 4 days ago · Local governments will receive another $1 billion to address homelessness. The budget deal shrinks a proposed cut to schools funding, following a tense negotiation with education groups during ...

  2. 5 days ago · California Gov. Gavin Newsom answers questions about his revised 2024-25 state budget proposal during a news conference in Sacramento on May 10. ... the nation — is facing a nearly $50 billion ...

  3. 2 days ago · This budget delays that promise to 2028, with the caveat it will only happen if there is money available for it. A promise to increase the pay for workers who help people with developmental disabilities find jobs has been delayed by six months — which advocates say will cost them roughly $500 million in lost revenue.

  4. Jun 22, 2024 · Despite heavy opposition from labor unions, the move could save California hundreds of millions of dollars. The plan makes $16 billion in cuts, including a blanket 7.95% reduction in funding for ...

  5. Jun 10, 2024 · MAJOR TAKEAWAYS. Tourism spending in California is forecast to grow 4% in 2024, adding an additional $6.3 billion in direct tourism spending to California’s economy. While domestic spending is expected to be nearly flat in 2024 (+1% YOY), international travel is still rebounding.

  6. 1 day ago · But the $12 million included in California’s $300 billion budget is a fraction of what reparations activists wanted. ... including $1.2 million in payments for lifelong Black California ...

  7. Jun 14, 2024 · WHAT YOU NEED TO KNOW: As part of the continued effort of the California Jobs First initiative, the state is investing $17.5 million in innovative companies to bolster the economy and create more than 630 new jobs across California.

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