Proposed California budget has no deficit

California has more money than expected. Here’s how Gavin Newsom wants to spend it
Gov. Gavin Newsom expects a small California budget surplus after facing a deficit one year ago. His office is releasing details as devastating wildfires continue to burn in the Los Angeles area.
Newsom floats $322 billion budget that would pull California out of deficit
Gov. Gavin Newsom’s proposal included a $228.9 billion general fund that would rely on $17 billion in reserves
In major turnaround, California will have no budget deficit, Newsom says
TURLOCK — California will not have a budget deficit next year, Gov. Gavin Newsom announced on Monday based on projections from his finance team. The budget picture Newsom describes is a major turnaround from the $47 billion deficit last year and the $32 billion shortfall the year before.
Proposed California budget has no deficit, but could be affected by federal government
The budget Newsom announced Monday is mostly a placeholder as California waits to see if incoming President Donald Trump will follow through on threats to revoke billions in federal dollars, which could force lawmakers to make painful cuts to essential programs.
Gov. Gavin Newsom announced a $322.2 billion budget with no deficit. Here’s what’s in it
California no longer faces a budget deficit, Gov. Gavin Newsom said Monday, two months after budget officials projected a $2 billion deficit that had left little room for additional government spending.
Newsom proposes ‘balanced’ budget with no deficits
California Gov. Gavin Newsom (D) on Monday proposed a $322 billion budget that he said would be “balanced” and without deficits — marking a significant turnaround after two years of
Governor Newsom Proposes $322 Billion Budget with No Deficit
California Governor Gavin Newsom has proposed a $322 Billion state budget for the next fiscal year. Newsom says the budget, which comes after two years of massive state deficits, will be balanced and without a deficit.
After 2 years of shortfalls, California governor proposes $322B budget with no deficit
But the budget Newsom announced Monday is mostly a placeholder as California waits to see if incoming President Donald Trump will follow through on threats to revoke billions in federal dollars, which could force lawmakers to make painful cuts to essential programs.
Gov. Gavin Newsom proposes $322B budget for California with no deficit
California Gov. Gavin Newsom has proposed a $322 billion budget without a deficit, a welcome change after two years of significant budget shortfalls in the nation's most populous state. But the budget Newsom announced Monday is mostly a placeholder as California waits to see if incoming President Donald Trump will follow through on threats to revoke billions in federal dollars,
How Gov. Newsom's proposed budget would affect California education
In education, popular programs like free school meals, before-and-after-school care, and summer school will remain intact. The budget fully funds universal transitional kindergarten, offering free education to approximately 400,
Newsom Proposes $322B Budget with No Deficit, but Trump-Era Funding Threats Loom
Gov. Gavin Newsom has proposed a $322 billion budget without a deficit, a welcome change after two years of significant budget shortfalls in the nation's most populous state.
Santa Rosa Press Democrat1d
California’s $20 billion unemployment debt is looking like a political hot potato
The legislative analyst has a plan to fix the "structural insolvency" of the unemployment benefits fund — but businesses aren ...
Despite revenue increase, Newsom plans to pull from California’s rainy day reserves
California Gov. Gavin Newsom previewed his $322.2 billion budget proposal for 2025-2026 during a visit Monday to California ...
Should California save more for a rainy day? OC legislator wants voters to decide
The proposal aims to increase the amount of money California is required by law to transfer to its rainy day fund.
Washington Examiner8d
Many of California’s biggest cities face major fiscal challenges going into 2025
San Francisco faces the state’s worst short-term budget pressures ... or make major spending cuts. California itself, ...