$31B Budget Surplus Predicted for California – NBC Los Angeles

Nov 17, 2021 · California will have a $31 billion budget surplus next year as revenues continue to climb despite the pandemic, according to a new forecast from the state's independent …

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$31B Budget Surplus Predicted For California – NBC Los Angeles

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Nov 17, 2021 · California will have a $31 billion budget surplus next year as revenues continue to climb despite the pandemic, according to a new forecast from the state's independent …

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California Analyst Predicts $31 Billion Budget Surplus. Here's What ...

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Nov 17, 2021 · California will have a $31 billion budget surplus next year as revenues continue to climb despite the pandemic, according to a new forecast from the state's independent …

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California To Have $31 Billion Budget Surplus Next Year, Analyst ...

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Nov 17, 2021 · California’s “budget year” runs from July 1 to June 30. During the first three months of this budget year, California tax collections are more than $10 billion ahead of …

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After 2 Years Of Shortfalls, California Governor Proposes $322B …

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Jan 6, 2025 · TURLOCK, Calif. (AP) — California Gov. Gavin Newsom has proposed a $322 billion budget without a deficit, a welcome change after two years of significant budget …

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California Analyst Predicts $31B Budget Surplus - Marin …

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Nov 18, 2021 · From April through June of this year, California businesses reported a record high $216.8 billion in taxable sales — a 38.8% increase over the same period in 2020 and a 17.4% …

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California Analyst Predicts $31 Billion Budget Surplus

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Nov 17, 2021 · SACRAMENTO, Calif. (AP) — California's independent Legislative Analyst's Office is forecasting that the state will have a $31 billion budget surplus next year. The predicted …

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Gov. Gavin Newsom Proposes $322B Budget For California With No …

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Jan 6, 2025 · California's economy is the fifth largest in the world. Last year the state faced an estimated $46.8 billion budget deficit and in the year before, a $32 billion budget shortfall.

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California Has A Bigger Budget Than Expected. Here’s How Gavin …

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3 days ago · No deficits. A “modest” surplus of $363 million. Almost $17 billion more in revenue than planned. Gov. Gavin Newsom’s office laid out its vision for how California should spend …

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Gov. Newsom Announces Spending Plans With Surprise Budget …

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Jan 11, 2025 · No deficits. A “modest” surplus. Almost $17 billion more in revenue than planned. Gov. Gavin Newsom’s office is scheduled to formally lay out its vision today for how California …

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Skelton: How Newsom Should Use $31-million Budget Surplus

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Nov 22, 2021 · Independent Legislative Analyst Gabriel Petek calculated a projected $31-billion budget surplus last week but cautioned he could be way off: The actual state budget surplus …

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California Governor: $98B Surplus Backs True Pro-Life State

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May 13, 2022 · California's projected $97.5 billion budget surplus is unlike anything seen before at the state level and is fueled by soaring tax revenue. It is larger than the entire operating …

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California Analyst Predicts $31 Billion Budget Surplus. Here’s What ...

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California will have a $31 billion budget surplus next year as revenues continue to climb despite the pandemic, according to a new forecast from the state’s independent Legislative Analyst’s …

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Analyst: California Expected To See $31 Billion Budget Surplus

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Nov 17, 2021 · The predicted surplus is so large the office estimates California will surge past a constitutional limit on state spending by more than $14 billion. That could require Gov. Gavin …

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California Has More Money Than Expected. Here's How Gov.

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Jan 10, 2025 · No deficits. A “modest” surplus of $363 million. Almost $17 billion more in revenue than planned. Gov. Gavin Newsom’s office laid out its vision today for how California should …

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California’s Budget Surplus May Be Up To $23 Billion More Than

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Feb 22, 2022 · A California budget surplus that is already expected to be massive could end up being billions of dollars more than initial estimates. When Gov. Gavin Newsom unveiled his …

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California Has More Money Than Expected. Here’s How Gavin …

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Jan 11, 2025 · No deficits. A “modest” surplus of $363 million. Almost $17 billion more in revenue than planned. Gov. Gavin Newsom’s office laid out its vision today for how California should …

calonews.com

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A $31B Budget Surplus May Represent Shifting Fiscal Tide For …

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Nov 18, 2021 · California Gov. Gavin Newsom said in response to media questions about his fiscal 2022-23 budget plans during a Wednesday tour of the Port of Los Angeles. California …

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FAQs about $31B Budget Surplus Predicted for California – NBC Los Angeles Coupon?

Could California budget surplus be billions of dollars more than initial estimates?

Please look at the time stamp on the story to see when it was last updated. A California budget surplus that is already expected to be massive could end up being billions of dollars more than initial estimates. When Gov. Gavin Newsom unveiled his 2022-2023 budget proposal back in January, his administration forecast a $45.7 billion surplus. ...

Will California have a $322 billion budget without a deficit?

(AP Photo/Rich Pedroncelli, file) TURLOCK, Calif. (AP) — 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. ...

Could the state's surplus exceed the initial estimate by $6 billion?

But in a February update, the state Legislative Analyst’s Office said there’s a very good chance the surplus could exceed the initial estimate by $6 billion to $23 billion, thanks to money collected from personal income, sales and corporation taxes. ...

Does California have a balanced budget?

The California Legislative Analysts’ Office predicted a largely balanced budget outlook in the upcoming fiscal year, but warned about uncertainties. ...

Are California's revenues high enough for lawmakers to make new spending commitments?

But Petek warned that revenues are not high enough for lawmakers to make new spending commitments. The LAO is forecasting a deficit of about $20 billion in 2026-27 and an even higher shortfall by 2028-29 of about $30 billion. The California economy has been in a gradual slowdown over the last two years, Petek said. ...

Could the deficit grow with Newsom's budget proposals?

But the deficit could grow with the proposals Newsom unveiled in recent months, cost overruns on existing programs and the potential loss of billions in federal funding as analysts predict more significant budget problems in the years ahead. ...