By Sumaira Akbarzada and Jana Wright Governor’s Fiscal Year 2025-26 Budget Proposal On January 10, 2025, Governor Gavin Newsom released his Fiscal Year (FY) 2025-26 Budget proposal of $322 billion total funds (TF) (). Health and Human Services makes up a large portion of the budget with proposed expenditures of $296.1 billion ($83.7 billion General […]| ITUP
Tax revenues have exceeded estimates in California, but Gov. Gavin Newsom's costly new proposals and other programs could swallow up any extra budget funds.| Los Angeles Times
The California Legislative Analysts' Office predicted a largely balanced budget outlook in the upcoming fiscal year, but warned about uncertainties.| Los Angeles Times