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California’s State Budget Reserves Not Enough to Fill Budget Gaps Even in Moderate Downturns

April 20, 2020 11:15 amApril 20, 2020 11:15 am

With California in lockdown since mid-March, most businesses have ground to a halt, which also ground sales tax revenue to a halt. The Public Policy Institute of California just published an article showing that California’s budget reserves aren’t adequate for...

University of California Proposes Tuition Hike Days After New Bill Would Make Some CSU Tuition Free

January 19, 2020 2:07 amJanuary 18, 2020 11:11 pm

The University of California announced a possible tuition hike for all undergraduate state residents. The Board of Regents currently have two proposals for tuition rises. Under one, all undergraduate state resident students would see a $348 price increase next year,...

Gov. Newsom’s 2020 Budget, ‘Unprecedented, Historic,’ ‘Once-in-a-Generation’

January 11, 2020 9:30 amJanuary 12, 2020 8:38 am

We’re over ‘California derangement syndrome’ ~Gov. Gavin Newsom Governor Gavin Newsom’s 2020 budget plans to increase overall spending to a historic high of $222 billion. Newsom’s original 2019 budget was $209 billion budget, an $8 billion, four percent increase from...

Gov. Newsom Touts Largest Tax Revenue Windfall in CA History in Budget, and Highest Spending

May 9, 2019 4:51 pmMay 10, 2019 10:43 pm

“The state is flush, but school districts aren’t. Why isn’t the state allocating more to the kids, cities and counties that are still having a difficult time?” – Sen. John Moorlach Gov. Gavin Newsom released his revised budget Thursday,...

What’s In Gavin Newsom’s 2019 ‘California For All’ Budget

January 11, 2019 5:00 amJanuary 17, 2019 1:04 pm

Self-described policy wonk Gov. Gavin Newsom presented his first Budget Summary 2019-20 Thursday – all 178 pages of it. “Full disclosure, this is something I really enjoy,” Newsom said. Newsom inherited a significant surplus of $15 billion and the...