LND topic: california-budget page 1

california budget

California's Budget Betting Game: Is Newsom Playing with Fire?

January 10, 2026

California's Governor, Gavin Newsom, decided to skip the traditional budget reveal, leaving his finance chief to deliver the news. The state is facing a $3 billion deficit, but the real concern is that this number could balloon to $22 billion next year. The budget, nearly $349 billion, is a gamble,

politics

California's Budget: Smoke and Mirrors?

January 31, 2025

In early March, the governor of California said his state would have a balanced budget of $322 billion for the upcoming year, planning for a $363 million that would keep it balanced. This was said to be balanced, but the budget plan was based around a very thin margin. All

education

School Funding Formula Under Fire

September 29, 2024

California's public education system is facing a major crisis due to the state's failure to comply with its education budget formula, Proposition 98. The formula, approved by voters in 1988, guarantees minimum funding amounts for California public schools and community colleges. However, Governor Ga