Gov. Newsom expects a small California budget surplus after facing a deficit one year ago. His office is releasing details as devastating wildfires continue to burn in Los Angeles.

Newsom said it was a "ridiculous lie" that he cut $100 million, a retort he included on his new website, California Fire Facts. But the website didn’t dissect the $100 million; it focused on the big ...

Newsom is proposing $229 billion in general fund spending, up from $212 billion he approved last year. The plan would leave ...

The governor’s 2025-26 budget proposal breaks the cycle of deficits past with a cautiously optimistic projection of a $322.2 million surplus.

Fashioning a budget for a state ... the volatility of California’s tax system for the immense gap between expectations and reality — instead of a miscalculation. Nevertheless, the damage was done.

The Legislative Analyst's Office recommends lawmakers review program performance and create its own method for addressing ...

TURLOCK — California likely will not have a budget deficit next year, but incoming President Donald Trump’s agenda portends an uncertain road ahead for California’s budget, Gov. Gavin Newsom ...

Spending plan doesn’t include enough investments for programs that “would help Californians afford the basics.” ...

Governor Gavin Newsom released his budget proposal Friday, and it is balanced — it even has a slight surplus of $363 million.

Gov. Gavin Newsom ’s office laid out its vision today for how California should spend its considerable bounty, a total budget of $322 billion — projected to be the second largest state spending plan ...

In 2021 and 2022, California had a budget surplus. The state dedicated an additional ... that Newsweek cited a report that summarized the governor’s proposed budget for 2024-25.

The governor unveiled a $322 billion balanced budget plan last week that included a small $363 million surplus and a projected ... a tax expert at the California Budget and Policy Center.