By @Ophelia Szigeti On March 14, Senate Democrats unveiled a fiscal strategy for 2024 and 2025 dubbed Shrink the Shortfall , aimed at swiftly addressing the looming budget deficit prior to the June 15 budget deadline. This plan aims to significantly reduce the anticipated deficit range of...
By @Aaron Avery Friday, February 16 marked the deadline for members of the State Assembly and State Senate to introduce new bills. In the Assembly, 1,505 bills were introduced. In the Senate, 619 bills were introduced. This collective effort has resulted in a combined total of 2,124 newly...
By @Ophelia Szigeti CSDA Chief Executive Officer Neil McCormick responded to Governor Gavin Newsom’s 2024-25 State Budget proposal by stating, “We appreciate Governor Newsom’s proactive efforts to maintain the State’s commitments in the face of declining revenues. To succeed, it is all...
By @Ophelia Szigeti Commencing January 3, the California State Legislature will reconvene for the second year of the biennial 2023-24 Legislative Session following its Interim Recess. Fast and Furious January January 12 is the last day for policy committees to hear and pass...
By @Ophelia Szigeti The California Department of Finance recently unveiled its Finance Bulletin for the month of August , shedding light on key economic indicators and fiscal developments. Among the highlights, the report underscores the state’s fiscal landscape, inflation trends,...
On Monday, July 10, Governor Newsom signed his infrastructure streamlining package into law.The package will accelerate critical infrastructure projects and help California achieve its climate and clean energy goals. The package was originally introduced as 10 budget trailer bill proposals in an...
On the night of Tuesday, June 27, Governor Newsom announced signing SB 101 (Skinner), the legislative budget bill for 2023-2024. The announcement brings an end to weeks of intense negotiations between the Governor and the Legislature, particularly regarding infrastructure proposals and an...
CSDA has submitted a formal letter in support of Governor Gavin Newsom’s budget trailer bill package relating to infrastructure as well as a letter requesting key actions related to the homelessness crisis facing our communities and impacting the services of special districts. Meanwhile, the...
On Friday, May 19, Governor Gavin Newsom announced new permitting and project reforms, called “Build More, Preserving Jobs” or “BUILD”. Details for his proposal are outlined below. The Governor has released Budget Trailer Bill Language (TBL) on ten proposals and is seeking passage in conjunction...
On Friday, May 12, Governor Newsom released the 2023-24 May Revision to his state budget proposal. When the Governor released his budget proposal in January there was a projected $22.5 billion deficit to the state budget. The May Revision also recorded an additional $9.3 billion revenue...
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