Governor Newsom sends 2025-26 budget plan to Legislature

5 days ago · We will continue to assess the state’s ongoing fiscal position and include appropriate adjustments in the May Revision. I look forward to working with new and returning members of the Legislature on a final 2025-26 budget that assures California a strong economic future well …

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What's In Gavin Newsom's $323 Billion California Budget Plan?

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6 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 today for how California should …

calmatters.org

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6 Takeaways From Gavin Newsom’s Proposed 2025-26 Budget

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3 days ago · Newsom’s proposed budget calls for more than doubling the California Film and Television Tax Credit, from $330 million to $750 million for fiscal years 2025-26 through 2029-30.

sacbee.com

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Understanding The Governor’s 2025-26 State Budget Proposal

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Governor Gavin Newsom released his proposed 2025-26 California state budget on January 10, projecting a small positive balance of $363 million after two years of state budget deficits. The …

calbudgetcenter.org

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What Gavin Newsom’s 2025 Budget Plan Offers For California ...

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5 days ago · A $322 billion California budget plan maintains funding for Newsom’s education initiative on pre-kindergarten and addresses wildfire risks.

sacbee.com

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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 …

apnews.com

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4 Takeaways From Newsom’s Budget Proposal - Los Angeles Times

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5 days ago · California Gov. Gavin Newsom previewed his $322.2 billion budget proposal for 2025-2026 during a visit Monday to California State University, Stanislaus. Jan. 6, 2025 2.

latimes.com

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California's Governor Just Released His First Budget Plan For 2025 …

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5 days ago · If you take Gov. Gavin Newsom at his word, California will have a budget surplus for the ... Newsom’s proposal for the 2025-2026 budget, unveiled Friday, has plans to pull $7.1 …

ocregister.com

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California Governor Newsom Proposes 'balanced' Budget Without …

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Jan 6, 2025 · 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 …

thehill.com

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Newsom’s State Budget Plan Comes With A Trump-sized Asterisk

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Jan 7, 2025 · California Gov. Gavin Newsom outlines his proposed 2025-26 $322 billion state budget during a news conference at Cal State Stanislaus in Turlock on Monday.

latimes.com

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Newsom Projects Slight Budget Surplus For 2025, With Focus On …

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Jan 7, 2025 · As part of his $322.2 billion spending plan for the 2025–26 budget year, Newsom is prioritizing existing programs and future savings.

laist.com

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Gavin Newsom Unveils Budget Proposal For 2025-26

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1 day ago · Governor Gavin Newsom unveiled his $322.3 billion spending plan for 2025-26 on Friday. The budget proposal was released in the midst of one of the worst fire disasters in …

californiacountynews.org

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Gavin Newsom Announces End Of California Budget Deficit

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Jan 6, 2025 · 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 …

sacbee.com

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Gavin Newsom Previews 2025-26 Budget Proposal - California …

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Jan 8, 2025 · Gov. Gavin Newsom offered a sneak peak of his $322.2-billion budget proposal at Cal State Stanislaus on Monday. One thing was clear from the preview — California faces an …

californiacountynews.org

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Fact-check: Did Gavin Newsom Cut $100m In Fire Prevention …

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6 hours ago · The California Legislative Analyst’s office estimated total Cal Fire expenditures have risen during Newsom’s tenure from $2.74bn in 2019-2020 to $4.59bn (not adjusted for inflation …

aljazeera.com

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Governor Newsom Signs 2024-2025 State Budget - California Globe

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Jul 1, 2024 · The California State Legislature approved the 2024-2025 budget plan on Wednesday night, giving the green light on California spending $297.9 billion beginning on …

californiaglobe.com

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PolitiFact | Fact-check: Did California Gov. Gavin Newsom Cut $100 ...

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19 hours ago · California had a budget surplus in 2021 and 2022 and pumped more money into programs addressing forest health and wildfires. ... 2025. Gov. Gavin Newsom, ... The 2024 …

politifact.com

FAQs about Governor Newsom sends 2025-26 budget plan to Legislature Coupon?

Did Gavin Newsom skip state budget details?

Gov. Gavin Newsom took an unconventional approach Monday to his annual unveiling of his ideal state budget, providing some topline figures but skipping the details of the proposal he’ll send to state lawmakers later this week. ...

Will California's $322 billion budget be 'balanced and without deficits'?

This material may not be published, broadcast, rewritten, or redistributed. 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 shortfalls. ...

What omitted from Newsom's budget proposal?

One notable omission: the usual document of the governor’s budget proposal that provides details about how he would like the state to prioritize in the upcoming fiscal year. Those details won’t come until Friday when Newsom’s budget is formally submitted (when he’ll be out of town). Here’s what he did share Monday. ...

Will California's budget deficit be $2 billion in 2026-27?

A nonpartisan government agency had a different prediction on California’s budget deficit Newsom’s deficit picture clashes with what was predicted in November by the California Legislative Analyst’s Office, which predicted a $2 billion shortfall next year, followed by about $20 billion in 2026-27 and roughly $30 billion by 2028-29. ...

What did the 2024-2025 budget entail?

“Last year, we endeavored to solve the problems this year and did something we haven’t done in the past.” The 2024-2025 budget included total expenditures of $297.9 billion and a deficit of $46.8 billion, requiring cuts to a variety of programs, including climate and health care initiatives. ...

Will California face double-digit shortfalls in the next 5 years?

In November, the nonpartisan Legislative Analyst’s Office warned the state will face double-digit shortfalls in the next five years. That could curtail California’s ability to shield its programs from Trump’s attacks. Nguyễn is an Associated Press reporter covering California government and politics. ...