California’s state budget dwarfs the gross domestic products of some countries, supporting the nation’s most populous state. The governor proposes reductions to cdcr’s funding to account for previous capacity reductions and for the planned deactivation of a prison in march 2025.
June 13, 2024 updated 9:53 p.m. The current size of california’s budget shortfall remains uncertain, with estimates varying widely between.
On January 10, 2024, Governor Newsom Presented His Proposed State Budget To The California Legislature.
California faces a budget shortfall — also known as a “budget problem,” “deficit,” or “gap” — of tens of billions of dollars.
Under Lao Revenue Update, Budget Problem Grows By $15 Billion.
This brief provides our current assessment of the scale of the coming budget problems under the governor’s budget proposals.
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California Faces A Budget Shortfall — Also Known As A “Budget Problem,” “Deficit,” Or “Gap” — Of Tens Of Billions Of Dollars.
The current size of california’s budget shortfall remains uncertain, with estimates varying widely between.
The State Already Faces A Significant Deficit This Year— We Estimate It Totaled.
Each year, our office publishes the fiscal outlook in anticipation of the upcoming budget season.