Trending...
- Garment Saver Launches Eco-Friendly, Made-To-Order Wedding Party Gifts - 129
- Las Vegas Comedian Don Barnhart Brings Valentine's Day Laughter to Merced - 119
- Epic Pictures' DREAD Label Hits the Market with Horror-Comedy For Sale By Exorcist
News
Jan 10, 2025
Governor Newsom sends 2025-26 budget plan to Legislature
What you need to know: Governor Newsom's balanced budget proposal for the 2025-26 fiscal year includes increased savings to the state's reserves while maintaining important investments in critical priorities such as wildfire prevention, public safety, housing, education, and more.
SACRAMENTO – Governor Gavin Newsom today sent to the Legislature his budget for fiscal year 2025-26 – a balanced funding plan that maintains the state's fiscal stability while preserving key investments for education, public safety, and wildfire and forest resilience. The budget additionally continues support for robust economic growth, climate action, and high-paying jobs and career development while bolstering strong accountability measures to address housing, homelessness, and mental health care reform.
"The budget I present to you today builds on a framework that balanced the books over two years instead of just one—an unprecedented effort to address the budget shortfall we faced. However, work remains to ensure California's finances remain in order in the years to come.
In the months ahead, California is facing a new federal administration that has expressed unreserved and uninformed hostility toward Californians, threatening the funding of essential services for political stunts. Continued global instability and the prospect of another downturn in the financial markets, as well as additional pressure on state expenditures, are warning signs to remain vigilant and prudent.
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 into the 21st century."
Governor Gavin Newsom
The $322.3 billion fiscal plan provides for $228.9 billion in general fund spending and nearly $17 billion in combined reserves – including nearly $11 billion in the state's Rainy Day Fund and an additional discretionary set-aside of $4.5 billion in the Special Fund for Economic Uncertainties.
A balanced budget and a forward-leaning state
Governor Newsom's 2025-26 budget proposal includes:
No deficit, increased revenues: The budget proposal is fully balanced with no deficit. Since the 2024 Budget Act was signed, the economy, stock market, and cash receipts have performed better than expected, resulting in an upgraded revenue forecast. Over three fiscal years, the state now projects $16.5 billion in additional revenue above original expectations.
Cutting spending, making government leaner: The budget proposal includes savings from the elimination of 6,500 vacant government positions, which result in taxpayer savings of $1.2 billion over two years. The budget also includes operational efficiencies, including a reduction in state travel budgets, printing, and IT system modernization that result in $3.5 billion in reduced taxpayer costs.
Balanced and responsible approach: There are no new cuts to core programs and limited new investments in the proposal. The proposal funds housing support, transportation, healthcare, mental health, and clean energy and climate programs while ensuring accountability and results. The proposal also maintains progress across critical areas while celebrating the full implementation of transformative initiatives, including:
Education, economic growth and jobs: The budget proposal continues to maintain support for tuition-free community college for eligible students, and bolster workforce development. Proposition 98 funding for K-14 schools is set at $118.9 billion for 2025-26, a nearly 51% increase since the Governor took office. The Budget also reflects full implementation of universal transitional kindergarten, increased funding for universal school meals, and implementation grants that will be fully disbursed in 2025-26 to support the community school model to support improved educational outcomes at more than 2,000 public schools.
More on The Californer
Public safety: Recognizing the importance of keeping Californians safe, the budget maintains an investment of approximately $1.6 billion since 2022-23—including $283.6 million in 2025-26—to support state and local public safety efforts. This includes funds to implement new laws to enhance enforcement, prosecution, and accountability are included in the proposal.
Increased accountability for homelessness spending: The budget proposal reflects stronger accountability measures for homelessness funding, requiring frequent reporting of data and expenditures of the Homeless Housing, Assistance, and Prevention program, increased oversight of existing funds, and strict eligibility and accountability measures for any new homelessness funding.
Preserving wildfire and forest resilience
The budget builds on $2.5 billion in wildfire and forest resilience activities in recent years by proposing an additional $1.5 billion in spending over multiple years from the voter-approved Climate Bond. This $4 billion in total funding will go toward projects to protect communities, keep wildfires from growing larger and more dangerous, and aid firefighters in combating wildfires.
In addition, the state is investing $200 million annually through 2028-29 for healthy forest and fire prevention programs, including prescribed fire and other fuel reduction projects.
Investments since 2021 have supported over 2,000 wildfire resilience and forest health projects that are completed or underway, including fuel breaks around communities, prescribed fire projects, and landscape scale forest health projects.
Investments to protect Californians in a hotter, drier world
Since the start of his administration in 2019, Governor Newsom has made the following significant investments to enhance the state's firefighting capacity:
The full text of the Governor's Budget summary document is available at www.ebudget.ca.gov.
Economy, Press Releases, Recent News
More on The Californer
https://www.addtoany.com/add_to/facebook?linkur..." rel="nofollow external noopener">https://www.addtoany.com/add_to/x?linkurl=https...">https://www.addtoany.com/add_to/email?linkurl=h...">https://www.addtoany.com/add_to/copy_link?linku...">Recent news
Governor Newsom deploys California National Guard to Los Angeles fires: 'Looting will not be tolerated'
Jan 9, 2025
News What you need to know: The National Guard deployment will bring total on-the-ground personnel to 8,000 working with local and federal partners to respond to ongoing historic wildfires in Southern California. Los Angeles, California – Governor Gavin Newsom today...
Governor Newsom's statement on the death of Riverside County Sheriff's Deputy
Jan 9, 2025
News SACRAMENTO – Governor Gavin Newsom issued the following statement regarding the death of Riverside County Sheriff's Office Deputy Timothy Corlew:"It is with profound sadness that Jennifer and I extend our condolences to the family, friends, and colleagues of...
California's partnership with federal government boosts state's rapid response to Los Angeles fires
Jan 9, 2025
News What you need to know: Thanks to a strong partnership with the Biden-Harris Administration, California's response to the Los Angeles fires is even stronger with federal emergency funds and resources. LOS ANGELES – Following President Biden's afternoon briefing...
Jan 10, 2025
Governor Newsom sends 2025-26 budget plan to Legislature
What you need to know: Governor Newsom's balanced budget proposal for the 2025-26 fiscal year includes increased savings to the state's reserves while maintaining important investments in critical priorities such as wildfire prevention, public safety, housing, education, and more.
SACRAMENTO – Governor Gavin Newsom today sent to the Legislature his budget for fiscal year 2025-26 – a balanced funding plan that maintains the state's fiscal stability while preserving key investments for education, public safety, and wildfire and forest resilience. The budget additionally continues support for robust economic growth, climate action, and high-paying jobs and career development while bolstering strong accountability measures to address housing, homelessness, and mental health care reform.
"The budget I present to you today builds on a framework that balanced the books over two years instead of just one—an unprecedented effort to address the budget shortfall we faced. However, work remains to ensure California's finances remain in order in the years to come.
In the months ahead, California is facing a new federal administration that has expressed unreserved and uninformed hostility toward Californians, threatening the funding of essential services for political stunts. Continued global instability and the prospect of another downturn in the financial markets, as well as additional pressure on state expenditures, are warning signs to remain vigilant and prudent.
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 into the 21st century."
Governor Gavin Newsom
The $322.3 billion fiscal plan provides for $228.9 billion in general fund spending and nearly $17 billion in combined reserves – including nearly $11 billion in the state's Rainy Day Fund and an additional discretionary set-aside of $4.5 billion in the Special Fund for Economic Uncertainties.
A balanced budget and a forward-leaning state
Governor Newsom's 2025-26 budget proposal includes:
No deficit, increased revenues: The budget proposal is fully balanced with no deficit. Since the 2024 Budget Act was signed, the economy, stock market, and cash receipts have performed better than expected, resulting in an upgraded revenue forecast. Over three fiscal years, the state now projects $16.5 billion in additional revenue above original expectations.
Cutting spending, making government leaner: The budget proposal includes savings from the elimination of 6,500 vacant government positions, which result in taxpayer savings of $1.2 billion over two years. The budget also includes operational efficiencies, including a reduction in state travel budgets, printing, and IT system modernization that result in $3.5 billion in reduced taxpayer costs.
Balanced and responsible approach: There are no new cuts to core programs and limited new investments in the proposal. The proposal funds housing support, transportation, healthcare, mental health, and clean energy and climate programs while ensuring accountability and results. The proposal also maintains progress across critical areas while celebrating the full implementation of transformative initiatives, including:
- Universal Transitional Kindergarten (TK)
- Expanded Before/After School and Summer Programs
- Universal School Meals
Education, economic growth and jobs: The budget proposal continues to maintain support for tuition-free community college for eligible students, and bolster workforce development. Proposition 98 funding for K-14 schools is set at $118.9 billion for 2025-26, a nearly 51% increase since the Governor took office. The Budget also reflects full implementation of universal transitional kindergarten, increased funding for universal school meals, and implementation grants that will be fully disbursed in 2025-26 to support the community school model to support improved educational outcomes at more than 2,000 public schools.
More on The Californer
- Graphic EZ Print Launches New Website, Revolutionizing Gardena's Printing Experience!
- California: Governor Newsom issues emergency proclamation to help Santa Cruz recover from destructive winter storms
- 19th Century Serial Killer as Modern Feminist Antihero
- California: Governor Newsom marks new milestone in Delta Conveyance Project
- Rutgers University Student Wins "New Jersey's Top Student Entrepreneur" in EO's Global Student Entrepreneur Awards
Public safety: Recognizing the importance of keeping Californians safe, the budget maintains an investment of approximately $1.6 billion since 2022-23—including $283.6 million in 2025-26—to support state and local public safety efforts. This includes funds to implement new laws to enhance enforcement, prosecution, and accountability are included in the proposal.
Increased accountability for homelessness spending: The budget proposal reflects stronger accountability measures for homelessness funding, requiring frequent reporting of data and expenditures of the Homeless Housing, Assistance, and Prevention program, increased oversight of existing funds, and strict eligibility and accountability measures for any new homelessness funding.
Preserving wildfire and forest resilience
The budget builds on $2.5 billion in wildfire and forest resilience activities in recent years by proposing an additional $1.5 billion in spending over multiple years from the voter-approved Climate Bond. This $4 billion in total funding will go toward projects to protect communities, keep wildfires from growing larger and more dangerous, and aid firefighters in combating wildfires.
In addition, the state is investing $200 million annually through 2028-29 for healthy forest and fire prevention programs, including prescribed fire and other fuel reduction projects.
Investments since 2021 have supported over 2,000 wildfire resilience and forest health projects that are completed or underway, including fuel breaks around communities, prescribed fire projects, and landscape scale forest health projects.
Investments to protect Californians in a hotter, drier world
Since the start of his administration in 2019, Governor Newsom has made the following significant investments to enhance the state's firefighting capacity:
- Enhanced air attack capabilities: Approximately $380 million one-time funding to purchase 16 new state-of-the-art helicopters. This investment has helped build the world's largest aerial firefighting force.
- Nearly doubled firefighting capacity: $770.4 million annually and over 2,000 new CAL FIRE firefighters, phased in through 2028-29, for implementation of the 66 hour work week. The number of CAL FIRE personnel has nearly doubled since the beginning of Governor Newsom's administration. $89.7 million annually and 350 additional firefighter positions, phased in through 2025-26, to provide relief staffing. $449 million annually to support 75 new fire crews, including CAL FIRE firefighters, California Conservation Corps, and Military Department crews.
- Investing in advanced technology: $10.4 million one-time and $3.5 million annually for Fire Detection Cameras and Satellite Technology for Advanced Mapping. $15 million one-time and $37.1 million annually for AI-powered tools and Fire Integrated Real-Time Intelligence System.
The full text of the Governor's Budget summary document is available at www.ebudget.ca.gov.
Economy, Press Releases, Recent News
More on The Californer
- THINKWARE Launches Limited-Time President's Day Dash Cam Deals
- Aslan Energy Capital Signs MOU to Supply 100,000 TPA of Sustainable Hydrogen from its Sonora, Mexico facility to California-Based CalYan XGH Inc.
- RIDE Celebrates Love the Bus Month
- Impact & Influence Magazine Explores Timeless Principles for Business Achievement
- ASU guarantees pathways to admission for LA-area students impacted by wildfires
https://www.addtoany.com/add_to/facebook?linkur..." rel="nofollow external noopener">https://www.addtoany.com/add_to/x?linkurl=https...">https://www.addtoany.com/add_to/email?linkurl=h...">https://www.addtoany.com/add_to/copy_link?linku...">Recent news
Governor Newsom deploys California National Guard to Los Angeles fires: 'Looting will not be tolerated'
Jan 9, 2025
News What you need to know: The National Guard deployment will bring total on-the-ground personnel to 8,000 working with local and federal partners to respond to ongoing historic wildfires in Southern California. Los Angeles, California – Governor Gavin Newsom today...
Governor Newsom's statement on the death of Riverside County Sheriff's Deputy
Jan 9, 2025
News SACRAMENTO – Governor Gavin Newsom issued the following statement regarding the death of Riverside County Sheriff's Office Deputy Timothy Corlew:"It is with profound sadness that Jennifer and I extend our condolences to the family, friends, and colleagues of...
California's partnership with federal government boosts state's rapid response to Los Angeles fires
Jan 9, 2025
News What you need to know: Thanks to a strong partnership with the Biden-Harris Administration, California's response to the Los Angeles fires is even stronger with federal emergency funds and resources. LOS ANGELES – Following President Biden's afternoon briefing...
0 Comments
Latest on The Californer
- Kelly Sue Milano, co-creator of Hex11, joins Immortal Studios as VP of content and executive editor of the Immortal Storyverse
- Integral Ad Science Holding Corp. (IAS) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
- Dr. Eunice Moseley Accepts Adjunct Faculty Position at Stanton University
- Cura HR's CEO, Lyssa Hansard, Featured in Forbes: Driving Meaningful Change in Pay Equity
- Notable Announces New Partner Program - Expanding the Network of Experts Who Can Drive AI Adoption in Healthcare
- Zezgo Rent A Car has arrived In Cyprus to Improve Car Rental Options
- Meredith Thomas Returns as Master of Ceremonies for International Women's Day Gala for 2025
- Kim Estes Returns as Master of Ceremonies for International Women's Day Gala for 2025
- Databricks Announces Launch of SAP Databricks
- Andre Kay Honored with Black Excellence Award by the Florida Panthers
- Hyundai Motor Group Celebrates 20 Years of Driving Innovation at the Hyundai California Proving Ground
- Wide range of dental care products at upto 40% discounted prices | DentistryDeal.com
- California: Governor Newsom announces appointments 2.12.25
- City of Long Beach Issues Rain Advisory Due to Recent Showers
- NaturismRE, ANF, and GNA Stand United for Naturist Rights in Australia – A Call for Global Support
- "The Airbnb for Restaurant Kitchens" – AirKitchenz Launches in Los Angeles & Orange County
- Red Velvet Media Launches New Podcast Platform on Transistor.fm
- City of Long Beach Facilities and Services Schedule for Presidents' Day Holiday
- Volante of Hanover Expands with the Opening of Its Second Building, Introduces Assisted Living Services
- IGT and Graton Resort & Casino Celebrate Global Debut of Wheel of Fortune Trio Cabinet