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A report the Legislative Analyst’s Office released on Thursday showed a tax revenue shortfall has created a “serious budget deficit” for the 2024-2025 fiscal year. California’s projected ...
State Budget (billions $) [note 1] Annualized Fiscal years Reference Annualized budget per capita (in $) [note 1] S&P Credit rating in January 2017 [1] Alabama 12.69 12.69 2025
The bill opens up previous budgets from the 2022-2023 and 2023-2024 fiscal years to find $17.3 billion in “solutions,” which include $3.6 billion in cuts, $5.2 billion in revenue and borrowing ...
The budget will provide spending for the 2024-25 fiscal year, which will begin Monday. ... California Gov. Gavin Newsom on Saturday officially signed the 2024 budget, closing a roughly $47 billion ...
The budget will provide spending for the 2024-25 fiscal year, which begins July 1. Rivas and McGuire touted funding the Legislature received for spending Newsom proposed cutting in his budget.
The population of California on January 1, 2024, ... agreement with the California Democratic Party to resolve the budget ... edited on 14 January 2025, ...
His January budget proposal had delayed the money from fiscal year 2023-2024 to 2025-2026. The budget plan would delay for two years a food assistance benefit program expansion to help ...
The budget for the Los Angeles Fire Department (LAFD), one of several departments fighting the fires, was reduced by $17.6 million, or two percent, for the fiscal year 2024–2025. On December 4, 2024, LA Fire Chief Kristin Crowley said that the reduction has "adversely affected the Department's ability to maintain core operations" and ...