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By: @Ophelia Szigeti On January 10, California Director of Finance Joe Stephenshaw presented a detailed overview of the Governor’s 2025-26 budget proposal, highlighting significant fiscal developments. According to Stephenshaw, State General Fund revenues are expected to rise by $16.5...
By: @Elisa Arcidiacono , Townsend Public Affairs, Inc. California's newly approved $10 billion climate bond, passed through Proposition 4, directs funding toward a range of climate-related initiatives focused on addressing challenges such as wildfires, water accessibility, and climate...
By: @Ophelia Szigeti On Monday, January 6, Governor Gavin Newsom held a press conference at California State University Stanislaus to preview his 2025-26 State Budget proposal ahead of its official release on Friday, which will be led by staff at the Department of Finance. During the event,...
By: @Lilia Hernandez and @Ophelia Szigeti As the calendar turns toward 2025, the California State Legislature is gearing up for another busy and impactful year. From the organizational session in December to the key legislative deadlines and budget discussions that will define the months...
By: @Ophelia Szigeti SLA, ZEV, and public works legislation move forward, while contracting restriction and gate regulation bills among those held under submission and dead for the session. On August 15, the Assembly and Senate Committees on Appropriations held their respective...
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...