Trending...
- California: Three years after the end of Roe, Governor Newsom, First Partner sound the alarm on Trump's "Big, Beautiful" plan to defund Planned Parenthood - 121
- Ascent Solar Technologies Enters Collaborative Agreement Notice with NASA to Advance Development of Thin-Film PV Power Beaming Capabilities: ASTI - 103
- California awards over $15 million to apprenticeship programs connecting youth to high-paying jobs
~ In his final act of the legislative session, Governor Gavin Newsom has signed a new legislation aimed at promoting fiscal responsibility and budget stability in California. The bill, AB 179, creates new tools for the state to set aside a portion of anticipated surplus funds in future fiscal years.
Governor Newsom stated that this legislation builds on the balanced budget passed in June, which eliminated the state's deficit without raising taxes or making deep cuts to essential programs. He emphasized the importance of living within our means and taking a conservative and prudent approach to budgeting, just like families across the state do.
The main tool introduced by AB 179 is the creation of a Projected Surplus Temporary Holding Account, which allows the state to reserve anticipated surpluses for future use. This ensures that California's budget remains balanced and that funds are available for critical services such as education, healthcare, and infrastructure improvements without sudden program cuts or tax increases.
More on The Californer
The bill also highlights the state's commitment to smart fiscal management by allowing the Department of General Services (DGS) to increase efficiencies in public works projects, job order contracting, and contracting oversight.
This legislation is a testament to California's fiscal discipline under Governor Newsom's leadership. The state has successfully eliminated its deficit through careful budgeting and prudent fiscal management. Additionally, there have been no tax increases on hardworking Californians or deep cuts to essential services such as public safety, education, and healthcare.
Furthermore, Governor Newsom and the Legislature have consistently set aside record amounts of reserves to prepare for any future economic challenges. The new holding account created by AB 179 serves as an additional safeguard to ensure that funds are only spent once they are realized.
In previous years when California experienced significant budget surpluses, much of that money was used to pay down long-term debt and fund one-time expenditures. This responsible approach will continue with AB 179 in place.
More on The Californer
Along with signing AB 179, Governor Newsom also announced that he has signed several other budget-implementing bills, including AB 157, AB 158, AB 176, AB 177, AB 178, AB 180, and AB 181. These bills cover various areas such as education finance, health, public resources, state government, state employment agreements, and oil and gas regulations.
In other news, Governor Newsom has also made three judicial appointments to the Court of Appeal. Justice Brian M. Hoffstadt has been nominated as Presiding Justice of the Second District Court of Appeal, Division Five while Judge Michelle C. Kim has been appointed as an Associate Justice of the Second District Court of Appeal. Additionally, Judge David A. Thompson has been nominated as an Associate Justice of the Fourth District Court of Appeal.
Lastly, Governor Newsom signed a bill today that prohibits legacy and donor preferences in admissions at private nonprofit universities in California. This move aims to promote fairness and equal opportunities for all students seeking admission to these institutions.
With these recent developments in California's fiscal management and judicial appointments, Governor Newsom continues to demonstrate his commitment to responsible governance and promoting equity in the state.
Governor Newsom stated that this legislation builds on the balanced budget passed in June, which eliminated the state's deficit without raising taxes or making deep cuts to essential programs. He emphasized the importance of living within our means and taking a conservative and prudent approach to budgeting, just like families across the state do.
The main tool introduced by AB 179 is the creation of a Projected Surplus Temporary Holding Account, which allows the state to reserve anticipated surpluses for future use. This ensures that California's budget remains balanced and that funds are available for critical services such as education, healthcare, and infrastructure improvements without sudden program cuts or tax increases.
More on The Californer
- California: Governor Newsom proclaims Immigrant Heritage Month 2025
- California: Department of Defense agrees: it's time for Trump's militarization of Los Angeles to end
- Long Beach: City Launches Internet Service Enrollment Line
- Von Rock Law Founder Deidre Von Rock Named Super Lawyer for 2025
- California: Governor Newsom extends emergency short-term housing protections in Los Angeles
The bill also highlights the state's commitment to smart fiscal management by allowing the Department of General Services (DGS) to increase efficiencies in public works projects, job order contracting, and contracting oversight.
This legislation is a testament to California's fiscal discipline under Governor Newsom's leadership. The state has successfully eliminated its deficit through careful budgeting and prudent fiscal management. Additionally, there have been no tax increases on hardworking Californians or deep cuts to essential services such as public safety, education, and healthcare.
Furthermore, Governor Newsom and the Legislature have consistently set aside record amounts of reserves to prepare for any future economic challenges. The new holding account created by AB 179 serves as an additional safeguard to ensure that funds are only spent once they are realized.
In previous years when California experienced significant budget surpluses, much of that money was used to pay down long-term debt and fund one-time expenditures. This responsible approach will continue with AB 179 in place.
More on The Californer
- Von Rock Law Named SFGate's Best Probate and Estate Attorney in 2025
- Long Beach to Conduct Annual Summer Recess for City Council Meetings During July
- Plan to Launch Silo Technologies' Cybersecurity Pilot Program for Ultimate Nationwide Deployment via Exclusive Partnership: Stock Symbol: BULT
- Robert Michael & Co. Real Estate Team Celebrates Industry Recognition and Showcases Premier Central Florida Listings
- Montessori Stoppani Partners with Lifetime Montessori School
Along with signing AB 179, Governor Newsom also announced that he has signed several other budget-implementing bills, including AB 157, AB 158, AB 176, AB 177, AB 178, AB 180, and AB 181. These bills cover various areas such as education finance, health, public resources, state government, state employment agreements, and oil and gas regulations.
In other news, Governor Newsom has also made three judicial appointments to the Court of Appeal. Justice Brian M. Hoffstadt has been nominated as Presiding Justice of the Second District Court of Appeal, Division Five while Judge Michelle C. Kim has been appointed as an Associate Justice of the Second District Court of Appeal. Additionally, Judge David A. Thompson has been nominated as an Associate Justice of the Fourth District Court of Appeal.
Lastly, Governor Newsom signed a bill today that prohibits legacy and donor preferences in admissions at private nonprofit universities in California. This move aims to promote fairness and equal opportunities for all students seeking admission to these institutions.
With these recent developments in California's fiscal management and judicial appointments, Governor Newsom continues to demonstrate his commitment to responsible governance and promoting equity in the state.
0 Comments
Latest on The Californer
- Spartan & Guardians Partner with Guitar Legend Buckethead to Support Global Child Rescue Efforts
- Preliminary.online Introduces Short-Term Job-Readiness Courses with Employer-Verified Certifications
- Psychologist-Turned-Hermeticist Releases Modern Guide to the Seven Hermetic Principles
- Winners Announced for Asia Pacific Business Awards 2024-2025
- Hamvay-Lang and Lampone.hu Join Forces with AIMarketingugynokseg.hu to Elevate Hungarian Lifestyle Brands on the Global Stage
- Google AI Quietly Corrects the Record on Republic of Aquitaine's Legal Sovereignty
- California: El Gobernador Newsom firma un presupuesto estatal equilibrado que reduce los impuestos a los veteranos, financia completamente las comidas escolares gratuitas, construye más viviendas y crea empleos
- California: Governor Newsom signs balanced state budget that cuts taxes for vets, fully funds free school meals, builds more housing, & creates jobs
- California: Governor Newsom announces appointments 6.27.25
- NYC Leadership Strategist Stacie Selise Launches Groundbreaking 4S Framework Series to Redefine Executive Excellence
- Baby Boomer Housing Trend: Big Homes Out, Simplicity In
- Governor Newsom slams Trump over bill that would cut millions in health coverage, food assistance for California
- Jamison & Tania Events Wins Dual California Wedding Day Magazine "Best of 2025" Awards
- California invests billions of dollars to fix roads with "gas tax," expand bus and train service
- Long Beach: City Offering Space Beach Youth Workforce Summer Camp to Inspire Next Generation of Aerospace Professionals
- Make Innovation Matter: Support H.R.1's R&D Expensing Relief for American Small Businesses
- California: Governor Newsom statement on nationwide injunctions
- City of Long Beach Facilities and Services Schedule for Independence Day
- Agreement to Supply US-Based Defense Provider with Thin-Film Solar Tech for Orbital Application; Ascent Solar Technologies, Inc. (N A S D A Q: ASTI)
- Introducing The AI Bleederboard™