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How much money is in California's state budget reserves? When can the funds be withdrawn? How can the funds be used by the state?
- First Look
The May Revision boosts California’s commitment to...
- First Look
Jun 17, 2022 · $300 billion. That’s the price tag of the budget for the coming year, which the California Legislature approved this week. The surplus alone has reached a record-high $97 billion.
Oct 25, 2023 · Seventeen months ago, while unveiling a much-revised 2022-23 state budget, Gov. Gavin Newsom bragged of having a $97.5 billion surplus to expand health care, social equity and educational programs.
- Columnist
- Calmatters.Org
SACRAMENTO, Calif. — California is entering the next budget year with a record-smashing surplus of nearly $100 billion, Gov. Gavin Newsom said Friday. Newsom unveiled a revised budget plan of...
- Universal Healthcare Coverage
- Fighting Covid-19
- Delaying A Gas Tax Increase
- Fighting Climate Change and Drought
- Cracking Down on Crime
- Conservatorship Reform
- High-Speed Rail
A key part of Governor Newsom's proposal is to combat income inequality, and one way he plans to do that is by creating statewide universal healthcare coverage. The Governor's plan would provide healthcare coverage for all Californians regardless of age and immigration status. RELATED: Gov. Newsom unveils proposed Calif. budget with health coverage...
Newsom's budget proposes $2.7 billion to combat the pandemic. He said that money will go toward ramping up vaccines, boosters and statewide testing, as well as increasing medical personnel and support to be prepared for another potential surge. The budget also includes $300 million for the Department of Public Health and local health jurisdictions,...
As Californians feel the impacts of inflation, Newsom proposed what he called a "modest" holiday for the state gas tax. "We're also going to advance a modest, I don't want to overstate this, but it's a modest $523 million gas tax holiday of sorts," Newsom said. The plan would delay the annual increase in the tax, which is currently set for July 1, ...
Climate change is top of the Governor's agenda and a key part of the budget. In addition to last year's $5.2 billion water package, Newsom also announced a $750 million more to tackle drought. The plan would include aid to residents, farmers and wildlife throughout the drought. The budget also includes $648 million to fight wildfires. The investmen...
"We have to hold people accountable for breaking the law ins these organized ways," Newsom said Monday as he announced plans to crack down on crime. The budget proposes spending $255 million for local law enforcement and a new "smash-and-grab" enforcement unit. Newsom also proposed a new, statewide gun buyback program and a new plan to ensure Distr...
A big part of Newsom's budget is a $2 billion plan for mental health housing and services and clearing encampments. Newsom also said part of his plan to tackle homelessness and behavioral health is to tackle conservatorship reform. "We are leaning into conservatorships this year," Newsom said. He said he would announce the details of the plan at a ...
The budget also includes an additional $9.1 billion to support the continued development of the high-speed rail systemand other transportation efforts. Read the full summary budget here.
View the federal spending activity for the state of California in this profile page.
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What is a California budget & why is it important?
Jun 27, 2022 · California has adopted a $308 billion budget that will provide refunds to most taxpayers in the state, pour resources into expanding abortion access and extend health care to more undocumented immigrants.
