State Budget

In December 2024, Governor Gavin Newsom released his Master Plan for Career Education, which directs key state agencies and higher education institutions to prepare all learners for the evolving workforce by enhancing career pathways, emphasizing practical skills, and improving access and affordability through streamlined collaboration. This framework will receive a $100 million investment to implement […]

On January 10th, California Director of Finance Joe Stepenshaw provided details of Governor Gavin Newsom’s 2025-26 state budget proposal – $322.2 billion proposal with no deficit, including $228.9 billion in general fund spending, and $16.5 billion projected revenue surplus due to a stronger economy and stock market. View the budget proposal summary here and the full budget here.

The 2024-2025 State Budget, signed by Governor Newsom on June 29th, has significant implications for Los Angeles County. The budget includes total expenditures of $297.9 billion, with $211.5 billion allocated from the General Fund. This agreement addresses a $46.8 billion deficit for the budget year through a mix of broad-based solutions, including cuts, delays, and

In August 2023, Governor Gavin Newsom initiated the creation of California’s Master Plan for Career Education. The goal of this initiative is to enhance equitable access to high-paying jobs by tackling structural barriers and improving education and training pathways. Public input, which highlighted key priorities, was submitted to inform the plan and a report was

On June 29th, Governor Gavin Newsom signedthe final 2024-2025 State Budget. The budget, agreed upon by the Governor and Legislature, includes total expenditures of $297.9 billion, with $211.5 billion allocated from the General Fund. This agreement addresses a $46.8 billion deficit for the budget year through a mix of broad-based solutions, including cuts, delays, and

  California EDGE Coalition’s Summary of the Governor’s 2024-25 May Revision On May 10th, Govern or Gavin Newsom presented the 2024-25 May Revision. The updated state budget outlines a $288 billion spending plan, with a revised projected shortfall of $27.6 billion, down from the January estimate of $37 billion. This comes after the Legislature reduced spending by

On January 10th, Governor Gavin Newsom unveiled the 2024-25 state budget proposal – a $291 billion spending plan, with an updated deficit projection of $37.9 billion. To address this shortfall, the Governor is proposing various delays and cuts to programs, including the use of $12 billion from the rainy-day fund account, along with other reserves.

On July 10th, Governor Gavin Newsom signed key components of the final 2023-24 State Budget – a $310 billion spending plan that invests and protects funding programs in the areas of education, workforce training, and social safety net services to support underserved Californians who continue to face socioeconomic barriers across the state. This budget reflects

On May 12, 2023, Governor Gavin Newsom released the 2023-24 May Revision – a $306 billion spending plan with various adjustments to the January budget proposal including funding delays, reductions, trigger cuts, and cost shifts in order to address the $31.5 billion deficit – a rise from the projected $22.5 billion deficit in January. Although

On January 10th, Governor Newsom released the 2023-24 state budget proposal – a $297 billion spending plan that seeks to protect significant funding commitments made in previous budget cycles, and attempts to address a budget gap without using critical state reserves, all while trying to sustain existing state programs that support Californians who are facing