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Bookmark or Share- California budget deal: What you need to know - CalMattersThe budget includes a historic, 8.22% cost-of-living adjustment for California’s public schools. The total Proposition 98 funding for the 2023-24 fiscal year will be $108.3 billion. But the governor and the Legislature also agreed to some hefty cuts.
- California's new budget covers $32 billion deficit while extending tax ...Published 6:46 AM PDT, June 27, 2023. SACRAMENTO, Calif. (AP) — California lawmakers approved a $310.8 billion budget on Tuesday that closes a nearly $32 billion budget deficit while also extending a lucrative tax break for the state’s iconic film and television industry. The nation’s most populous state has had combined budget surpluses ...
- California BudgetCalifornia Budget 2024-25 . Gavin Newsom Governor State of California . Select Budget Year. Governor's Proposed Budget ( January ) The Budget proposed by the Governor. Summary » Detail » May Revision ( May ) Changes to the Governor's Proposed Budget based upon the latest economic forecasts ...
- Welcome to California's - ebudget.ca.govIn June and July, the Governor signed the 2023 Budget Bill and various pieces of related legislation that were passed by the Legislature to implement the budget for the 2023-24 fiscal year. The budget spends $310.8 billion in total state funds, consisting of approximately $225.9 billion from the General Fund, $82 billion from special funds, and ...
- The 2023-24 Budget: California's Fiscal OutlookIn this report, we anticipate the state will have a $24 billion budget problem to solve in the upcoming fiscal year and operating deficits declining from $17 billion to $8 billion over the multiyear period. The goal of this report is to help the Legislature begin crafting the 2023‑24 budget.
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